Ventas, Inc. VTR Balance Sheet

Ventas, inc. (VTR)

Balance Sheet / TTM

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	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
Assets
Real estate investments:
Land and improvements
2,244	2,283	2,280	2,128	2,116	2,114	2,115	2,124	2,135	2,151	2,121	2,117	2,123	2,089	2,089	2,041	2,060	2,056	2,065	2,288	2,252	1,711	1,937	1,848	1,867	1,855	1,856	1,783	1,764	1,772	1,754	1,744	1,616	1,614	1,584	854	560	559	557	556	557	557	557	552	555
Buildings and improvements
23,821	24,380	24,459	22,837	22,609	22,437	22,188	22,065	22,078	22,216	21,935	21,827	21,869	21,516	21,551	20,272	20,395	20,309	20,203	22,051	21,933	17,420	19,664	18,591	18,658	18,457	18,383	17,238	16,977	16,920	16,552	16,181	15,329	15,337	15,289	8,969	6,051	6,035	5,982	5,732	5,735	5,722	5,641	5,603	5,593
Construction in progress
505	461	432	386	335	422	395	408	380	344	306	281	213	210	192	127	119	92	124	145	134	109	116	93	71	80	79	99	72	70	93	133	85	76	60	41	5	6	5	3	4	12	8	18	12
Acquired lease intangibles
1,241	1,306	1,334	1,267	1,279	1,502	1,506	1,510	1,532	1,548	1,536	1,534	1,532	1,510	1,522	1,332	1,343	1,344	1,344	1,308	1,300	955	1,039	1,009	1,014	1,010	1,012	990	984	981	965	920	799	800	821	317	147	146	143	-	-	106	-	-	-
Operating lease assets
391	385	388	374	359	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross real estate investments
28,204	28,817	28,896	26,993	26,700	26,476	26,205	26,108	26,126	26,260	25,899	25,760	25,738	25,327	25,355	23,774	23,918	23,802	23,738	25,793	25,620	20,196	22,759	21,543	21,612	21,403	21,331	20,113	19,798	19,745	19,366	18,980	17,831	17,830	17,757	10,182	6,764	6,747	6,689	6,292	6,297	6,399	6,207	6,174	6,160
Accumulated depreciation and amortization
7,237	7,088	6,964	6,758	6,570	6,383	6,185	5,972	5,789	5,638	5,434	5,220	5,123	4,932	4,754	4,560	4,409	4,177	3,966	4,428	4,202	3,423	3,833	3,657	3,515	3,328	3,156	2,977	2,803	2,634	2,447	2,256	2,084	1,916	1,761	1,601	1,521	1,468	1,416	1,274	1,226	-1,270	1,126	1,075	987
Net real estate investment property
20,967	21,729	21,932	20,235	20,129	20,093	20,020	20,135	20,336	20,622	20,464	20,539	20,615	20,394	20,601	19,213	19,508	19,625	19,771	21,365	21,418	16,772	18,925	17,886	18,096	18,075	18,174	17,135	16,995	17,111	16,919	16,723	15,747	15,913	15,996	8,580	5,243	5,279	5,273	5,018	5,071	5,129	5,080	5,098	5,172
Secured loans receivable and investments, net
623	704	709	693	496	495	527	526	1,212	1,346	1,352	1,395	1,398	702	821	1,003	1,002	857	766	789	773	802	407	414	376	376	400	470	490	635	215	213	222	212	302	634	130	149	164	140	147	131	125	125	123
Investments in unconsolidated real estate entities
165	45	45	47	48	48	48	101	102	123	117	119	108	95	97	96	98	95	96	85	95	91	88	89	90	91	91	93	94	95	90	104	106	105	119	14	15	15	16	-	-	0	-	-	-
Net real estate investments
21,756	22,478	22,687	20,976	20,674	20,637	20,596	20,763	21,652	22,092	21,934	22,054	22,123	21,192	21,520	20,314	20,609	20,578	20,634	22,239	22,287	17,667	19,421	18,389	18,563	18,543	18,667	17,699	17,580	17,841	17,226	17,041	16,075	16,231	16,417	9,230	5,389	5,444	5,454	5,159	5,219	5,260	5,205	5,223	5,296
Cash and cash equivalents
2,800	106	148	81	82	72	86	93	92	81	85	103	91	286	89	57	51	53	65	60	120	55	64	86	59	94	54	62	57	67	58	52	53	45	57	26	41	21	33	27	132	107	70	46	176
Escrow deposits and restricted cash
38	39	60	56	57	59	62	64	71	106	76	68	92	80	89	65	76	77	74	193	223	71	78	75	76	84	98	94	99	105	76	114	114	76	84	64	35	38	41	43	41	39	96	94	55
Goodwill
1,050	1,051	1,049	1,050	1,050	1,050	1,045	1,034	1,035	1,034	1,034	1,034	1,033	1,033	1,043	1,043	1,044	1,047	1,052	-	-	363	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets held for sale
75	91	4	1	5	5	24	15	62	65	68	89	61	54	195	195	54	93	168	-	-	2,555	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax assets, net
47	47	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred financing costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	71	-	64	63	59	62	55	50	54	42	25	25	26	26	12	16	17	19	22	24	27	29	27	29	22
Other assets
802	877	852	821	796	759	782	727	580	573	540	505	517	518	488	417	424	412	418	1,712	1,736	451	1,021	1,175	943	946	1,003	889	915	921	1,053	987	919	891	633	296	210	233	248	206	213	178	186	176	220
Total assets
26,617	24,692	24,803	22,988	22,668	22,584	22,597	22,699	23,493	23,954	23,739	23,855	23,919	23,166	23,426	22,093	22,261	22,261	22,413	24,275	24,439	21,165	20,651	19,790	19,702	19,731	19,879	18,796	18,706	18,980	18,440	18,222	17,188	17,271	17,205	9,634	5,694	5,758	5,800	5,462	5,633	5,616	5,587	5,570	5,771
Liabilities and equity
Liabilities:
Senior notes payable and other debt
14,172	12,158	12,053	10,256	10,690	10,733	10,478	10,402	11,039	11,276	11,424	11,907	11,943	11,127	11,252	10,901	11,247	11,206	11,268	11,507	11,603	10,844	10,469	9,602	9,481	9,364	9,413	8,420	8,295	8,413	7,494	7,204	6,430	6,429	6,313	5,007	2,571	2,900	2,895	2,580	2,698	2,670	2,615	2,616	3,136
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	5	7
Accrued interest
87	111	85	111	81	99	76	93	77	93	95	87	78	83	70	80	66	80	67	77	77	62	69	56	61	54	62	50	58	47	56	47	58	37	65	26	34	19	33	16	35	17	35	16	21
Operating lease liabilities
250	251	249	233	214	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and other liabilities
1,141	1,145	1,194	1,137	1,063	1,086	1,134	1,133	1,134	1,183	943	929	946	907	930	735	738	779	791	1,026	1,016	750	965	975	938	1,001	1,019	887	910	995	1,049	1,059	1,060	1,085	1,128	401	203	207	202	181	183	190	175	164	168
Liabilities related to assets held for sale
5	5	1	1	0	0	14	0	60	60	9	9	1	1	77	88	12	34	65	-	-	237	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax liabilities
47	200	147	149	205	205	236	240	244	250	296	296	294	316	315	320	333	338	352	370	371	344	361	256	252	250	248	247	261	259	265	271	271	260	274	279	238	241	252	251	252	253	254	255	257
Total liabilities
15,703	13,873	13,730	11,889	12,255	12,124	11,941	11,871	12,556	12,863	12,769	13,231	13,264	12,437	12,646	12,126	12,399	12,439	12,545	12,982	13,069	12,239	11,864	10,890	10,732	10,671	10,743	9,605	9,525	9,716	8,865	8,583	7,820	7,813	7,782	5,714	3,047	3,367	3,384	3,030	3,170	3,132	3,084	3,058	3,591
Redeemable OP unitholder and noncontrolling interests
197	273	236	222	206	188	143	149	132	158	171	182	171	200	209	217	191	196	198	199	257	172	163	169	160	156	171	184	194	174	113	116	106	102	92	-	-	0	-	-	-	-	-	-	-
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0	-	-	-	-	-	0	-
Equity:
Preferred stock, $1.00 par value; 10,000 shares authorized, unissued
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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, $0.25 par value; 600,000 shares authorized, 373,094 and 372,811 shares issued at March 31, 2020 and December 31, 2019, respectively
93	93	93	92	89	89	89	89	89	89	89	89	88	88	88	85	84	83	83	82	82	74	73	73	73	74	74	74	73	73	73	73	72	72	72	47	40	39	39	39	39	39	39	39	35
Capital in excess of par value
14,135	14,056	14,017	13,940	13,160	13,076	13,081	13,068	13,080	13,053	13,034	13,019	12,944	12,917	12,870	11,961	11,758	11,602	11,523	12,708	12,616	10,119	9,859	9,849	9,858	10,078	10,032	9,996	9,904	9,920	9,941	9,932	9,591	9,593	9,595	4,254	2,874	2,576	2,587	2,583	2,578	2,573	2,570	2,565	2,264
Accumulated Other Comprehensive Income (Loss), Net of Tax
-103	-34	-59	-39	-12	-19	-7	-10	-14	-35	-40	-45	-53	-57	-49	-44	-19	-7	-0	10	4	13	16	26	18	19	21	19	21	23	23	21	23	22	19	28	28	26	23	16	25	19	15	-1	-21
Retained earnings (deficit)
-3,491	-3,669	-3,384	-3,173	-3,088	-2,930	-2,709	-2,529	-2,413	-2,240	-2,351	-2,688	-2,564	-2,487	-2,420	-2,313	-2,208	-2,111	-1,992	-1,772	-1,660	-1,526	-1,398	-1,294	-1,218	-1,126	-1,021	-943	-861	-777	-680	-609	-500	-412	-439	-412	-300	-255	-249	-222	-196	-165	-139	-109	-117
Treasury stock, 22 and 2 shares at March 31, 2020 and December 31, 2019, respectively
0	0	0	-	-	0	0	0	0	0	0	0	0	0	0	0	0	2	3	2	2	0	2	0	0	221	221	221	223	221	0	0	0	0	1	0	0	0	0	0	0	0	0	0	0
Total Ventas stockholders’ equity
10,632	10,445	10,665	10,820	10,149	10,215	10,452	10,616	10,740	10,866	10,731	10,374	10,414	10,460	10,488	9,689	9,614	9,564	9,609	11,027	11,039	8,680	8,548	8,655	8,731	8,824	8,885	8,925	8,915	9,019	9,357	9,418	9,186	9,274	9,245	3,916	2,643	2,386	2,401	2,416	2,445	2,465	2,484	2,494	2,160
Noncontrolling interests
83	99	170	56	56	55	60	60	63	65	66	68	69	68	81	60	56	61	60	66	73	74	74	75	78	79	79	80	71	70	104	103	75	80	84	2	3	3	14	15	17	18	17	17	19
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
10,716	10,545	10,835	10,876	10,206	10,271	10,513	10,677	10,804	10,932	10,798	10,442	10,483	10,528	10,570	9,749	9,670	9,625	9,669	11,093	11,112	8,754	8,623	8,730	8,809	8,903	8,964	9,006	8,986	9,089	9,461	9,522	9,262	9,355	9,330	3,919	2,646	2,390	2,416	2,431	2,463	2,484	2,502	2,512	2,179
Total liabilities and equity
26,617	24,692	24,803	22,988	22,668	22,584	22,597	22,699	23,493	23,954	23,739	23,855	23,919	23,166	23,426	22,093	22,261	22,261	22,413	24,275	24,439	21,165	20,651	19,790	19,702	19,731	19,879	18,796	18,706	18,980	18,440	18,222	17,188	17,271	17,205	9,634	5,694	5,758	5,800	5,462	5,633	5,616	5,587	5,570	5,771