VERITIV CORPORATION VRTV Balance Sheet

Veritiv corporation (VRTV)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Dec'13
Assets
Current assets:
Cash
74	38	59	56	58	64	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash
-	-	-	-	-	-	70	69	70	80	76	55	52	69	59	46	47	54	53	79	63	57	61	3	5
Accounts receivable, less allowances of $44.2 and $43.8, respectively
915	910	968	1,012	1,061	1,181	1,212	1,175	1,165	1,174	1,165	1,055	1,038	1,048	1,088	999	985	1,037	1,074	1,017	1,062	1,115	1,162	657	669
Related party receivable
3	2	2	2	2	3	3	3	3	3	3	3	3	3	3	4	4	3	4	4	3	3	3	0	10
Inventories
505	552	602	638	681	688	737	719	711	722	772	715	725	707	703	692	728	720	705	711	688	673	697	365	360
Other current assets
118	126	137	124	143	147	152	137	141	133	134	131	120	118	116	110	118	108	120	115	111	109	102	24	26
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6	9
Total current assets
1,616	1,630	1,770	1,833	1,947	2,084	2,176	2,105	2,093	2,114	2,152	1,960	1,940	1,948	1,970	1,853	1,884	1,925	1,957	1,928	1,930	1,959	2,027	1,058	1,082
Property and equipment (net of accumulated depreciation and amortization of $350.6 and $342.6, respectively)
215	216	199	209	211	206	210	207	354	340	341	350	371	371	365	356	359	363	368	377	376	377	379	99	107
Goodwill
99	99	99	99	99	99	99	99	99	99	105	50	50	50	50	50	50	50	52	52	52	52	55	26	26
Other intangibles, net
51	52	53	54	55	57	58	60	62	64	68	19	20	21	24	28	29	30	31	32	34	36	36	8	9
Deferred income tax assets
50	57	58	65	62	56	62	64	61	59	76	72	64	61	65	67	70	73	94	100	106	105	122	21	22
Other non-current assets
438	454	456	435	443	25	27	29	30	30	31	29	30	30	30	30	33	34	39	40	40	43	46	6	9
Total assets
2,472	2,511	2,637	2,696	2,820	2,529	2,634	2,566	2,700	2,708	2,775	2,483	2,477	2,483	2,507	2,386	2,427	2,476	2,542	2,530	2,540	2,574	2,666	1,221	1,256
Liabilities and shareholders' equity
Current liabilities:
Accounts payable
494	476	592	603	607	641	723	709	659	680	696	620	604	654	641	604	590	565	645	618	642	589	667	348	357
Related party payable
5	4	6	6	4	9	11	7	7	8	11	11	10	9	6	11	10	10	12	13	13	11	14	-	2
Accrued payroll and benefits
40	53	50	42	35	56	55	54	49	73	61	57	67	84	85	96	104	120	110	106	105	111	109	55	54
Deferred income tax liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	20	21	21	31	14	13
Other accrued liabilities
168	183	223	220	211	134	139	128	135	134	130	98	95	102	106	90	89	100	94	98	92	100	94	34	36
Current portion of debt
14	12	9	-	-	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance Lease, Liability, Current
-	-	-	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current maturities of long-term debt
-	-	-	-	8	-	6	6	5	2	1	2	2	2	3	2	2	2	3	3	3	3	3	-	0
Financing obligations, current portion
-	-	0	0	0	0	0	0	4	7	11	15	14	14	15	14	14	14	14	14	14	13	15	1	0
Total current liabilities
723	731	883	880	867	849	938	907	862	907	912	805	795	867	858	820	813	814	901	875	892	851	935	454	464
Long-term debt, net of current portion
740	742	726	815	944	963	997	957	974	908	972	792	825	749	768	697	749	800	777	798	792	855	803	-	0
Financing obligations, net of current portion
-	-	0	0	0	23	25	24	174	181	181	185	171	176	183	187	194	197	201	205	208	212	218	-	0
Defined benefit pension obligations
14	15	20	21	21	21	20	21	22	24	25	25	26	27	26	27	28	28	30	32	32	36	28	-	0
Other non-current liabilities
467	485	482	461	464	128	116	128	128	137	148	129	111	121	116	105	102	105	110	109	108	107	113	10	12
Total liabilities
1,945	1,974	2,113	2,178	2,297	1,986	2,097	2,038	2,163	2,158	2,239	1,939	1,930	1,941	1,952	1,837	1,888	1,946	2,021	2,020	2,035	2,062	2,098	465	477
Commitments and contingencies (Note 12)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Shareholders' equity:
Shareholders' equity:
Parent company investment, prior to Spin-off
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	760	784
Preferred stock, $0.01 par value, 10.0 million shares authorized, none issued
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Common stock, $0.01 par value, 100.0 million shares authorized; shares issued - 16.5 million and 16.4 million, respectively; shares outstanding - 15.8 million and 16.1 million, respectively
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Additional paid-in capital
626	618	615	612	607	605	603	598	594	590	586	582	578	574	573	571	568	566	565	564	563	562	590	-	-
Accumulated (deficit) earnings
-36	-35	-38	-43	-32	-8	-17	-19	-8	6	-5	8	17	19	15	9	2	-1	-11	-25	-30	-28	-14	-	-
Accumulated other comprehensive loss
-47	-33	-39	-36	-38	-40	-35	-38	-34	-33	-31	-33	-36	-39	-34	-32	-31	-35	-32	-28	-28	-22	-8	-4	-4
Treasury stock at cost - 0.7 million shares in 2020 and 0.3 million shares in 2019
17	13	13	13	13	13	13	13	13	13	13	13	13	13	-	-	-	0	-	-	-	-	-	-	-
Total shareholders' equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	568	-	-4
Total shareholders' equity
526	536	524	518	523	543	536	528	537	549	535	543	546	541	554	548	539	530	521	510	504	512	568	756	779
Total liabilities and shareholders' equity
2,472	2,511	2,637	2,696	2,820	2,529	2,634	2,566	2,700	2,708	2,775	2,483	2,477	2,483	2,507	2,386	2,427	2,476	2,542	2,530	2,540	2,574	2,666	1,221	1,256