WATSCO INC WSO Balance Sheet

Watsco inc (WSO)

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	Dec'09
ASSETS
Current assets:
Cash and cash equivalents
51	74	60	55	77	82	67	72	58	80	66	51	47	56	35	30	32	35	28	21	16	24	16	16	19	19	29	25	22	73	45	35	18	15	21	18	35	126	99	87	58
Accounts receivable, net
574	533	640	655	504	501	602	659	486	478	568	613	481	475	548	606	464	451	510	599	436	434	502	549	394	399	466	525	380	377	455	509	339	327	404	435	282	305	337	385	266
Inventories
942	920	970	967	893	837	810	872	810	761	786	770	751	685	739	749	746	673	751	799	800	677	729	759	707	583	643	692	647	546	618	672	532	465	540	612	502	391	456	522	410
Other current assets
21	17	19	16	14	19	20	16	16	17	17	17	19	23	25	20	18	20	24	21	19	20	22	19	16	18	22	17	16	17	21	20	21	19	27	16	16	14	22	19	20
Total current assets
1,590	1,546	1,690	1,695	1,490	1,441	1,501	1,621	1,371	1,337	1,438	1,451	1,300	1,240	1,349	1,406	1,261	1,181	1,314	1,441	1,273	1,157	1,271	1,346	1,139	1,021	1,161	1,260	1,066	1,015	1,140	1,237	910	828	993	1,082	838	838	916	1,015	755
Property and equipment, net
97	98	97	95	93	91	91	91	90	91	91	92	90	90	59	60	61	62	63	60	53	53	45	45	44	45	44	43	42	42	42	43	40	39	37	36	30	31	30	31	33
Operating lease right-of-use assets
221	223	225	190	183	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
406	411	407	398	393	391	397	380	381	382	382	381	380	379	380	381	381	378	379	383	382	387	389	392	390	392	394	393	395	397	385	386	319	319	318	316	303	303	303	304	303
Intangible assets, net
160	172	171	155	148	147	153	152	156	161	163	159	158	158	162	165	166	160	165	174	174	186	192	200	197	203	209	208	214	219	223	219	74	75	76	76	56	56	57	57	58
Investment in unconsolidated entity
95	94	-	-	-	80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
9	9	100	97	89	8	86	79	76	74	71	69	5	5	5	5	5	5	5	6	6	6	6	6	6	6	6	6	6	6	7	7	4	5	6	6	7	7	8	8	10
Total assets
2,581	2,556	2,693	2,632	2,398	2,161	2,230	2,325	2,076	2,046	2,148	2,154	1,935	1,874	1,957	2,019	1,876	1,788	1,929	2,066	1,889	1,791	1,904	1,990	1,776	1,669	1,818	1,913	1,727	1,682	1,799	1,894	1,350	1,268	1,431	1,517	1,235	1,237	1,316	1,417	1,160
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Current portion of lease liabilities
69	69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of other long-term obligations
-	-	67	60	58	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
Short-term borrowings
-	-	-	-	2	-	-	1	-	-	-	1	1	-	-	0	-	-	2	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
311	239	311	356	278	200	234	358	245	230	296	286	259	185	229	273	222	145	200	243	238	173	224	269	260	141	198	242	217	184	219	272	182	127	171	349	212	182	235	344	145
Accrued expenses and other current liabilities
139	152	163	163	130	157	157	163	132	185	163	136	117	129	128	132	124	124	127	125	117	113	116	116	92	102	113	118	91	97	108	108	82	75	96	95	71	83	93	103	77
Total current liabilities
520	461	542	580	469	357	508	522	377	416	460	424	378	314	358	406	347	270	331	371	356	287	340	385	353	243	311	361	309	282	328	381	307	223	383	445	284	266	328	448	223
Long-term obligations:
Borrowings under revolving credit agreement
156	155	169	219	137	135	116	141	91	21	284	379	280	235	219	267	237	245	304	433	340	303	352	348	226	230	284	398	322	316	202	235	42	20	115	65	24	10	22	20	12
Operating lease liabilities, net of current portion
152	154	157	129	124	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease liabilities, net of current portion
2	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term obligations, net of current portion
-	-	1	1	1	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
Total long-term obligations
310	311	328	350	263	135	0	141	91	22	285	379	280	235	0	0	0	245	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes and other liabilities
68	67	69	67	66	66	61	58	57	57	70	70	67	72	73	72	70	68	71	69	67	68	71	70	68	68	64	62	61	61	48	47	43	43	37	36	32	32	28	28	28
Total long-term obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	219	267	238	-	305	434	341	303	352	349	227	230	285	398	322	316	202	235	-	-	0	65	24	10	22	20	13
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	-	-	-
Watsco, Inc. shareholders' equity:
Common stock, $0.50 par value
-	-	-	-	-	-	-	-	-	-	18	18	18	-	18	18	18	-	18	18	18	-	18	18	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, $0.50 par value
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
Paid-in capital
920	907	894	828	841	832	829	817	814	804	582	575	574	592	614	610	610	602	597	593	588	580	576	616	613	606	603	599	597	592	589	595	498	493	489	488	479	472	468	468	461
Accumulated other comprehensive loss, net of tax
-51	-39	-42	-40	-43	-45	-38	-40	-37	-34	-33	-39	-42	-43	-40	-38	-39	-46	-42	-33	-34	-23	-18	-11	-16	-11	-6	-9	-4	-2	-0	-5	-0	-0	-0	-0	-0	-0	-0	-0	-0
Retained earnings
601	632	656	632	603	627	642	617	581	594	595	575	539	550	558	525	490	495	493	460	419	420	417	384	342	339	335	298	256	251	430	410	392	404	409	395	377	387	393	378	372
Treasury stock, at cost
87	87	87	87	87	87	87	87	87	87	113	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114	114
Total Watsco, Inc. shareholders' equity
1,404	1,435	1,443	1,355	1,335	1,347	1,367	1,328	1,292	1,297	1,052	1,018	978	1,005	1,039	1,003	968	957	955	925	879	883	881	894	844	840	838	794	754	748	925	906	796	802	804	787	761	764	766	751	738
Non-controlling interest
278	279	309	277	264	253	293	273	256	253	279	261	229	245	267	269	252	246	266	264	245	248	258	290	283	286	317	295	279	273	295	323	203	198	207	183	132	164	170	168	156
Total shareholders' equity
1,682	1,714	1,753	1,633	1,599	1,601	1,660	1,601	1,549	1,550	1,332	1,280	1,208	1,251	1,306	1,273	1,220	1,203	1,221	1,190	1,124	1,132	1,139	1,185	1,128	1,127	1,156	1,090	1,034	1,022	1,221	1,230	999	1,001	1,011	971	894	928	936	919	894
Total liabilities and shareholders' equity
2,581	2,556	2,693	2,632	2,398	2,161	2,230	2,325	2,076	2,046	2,148	2,154	1,935	1,874	1,957	2,019	1,876	1,788	1,929	2,066	1,889	1,791	1,904	1,990	1,776	1,669	1,818	1,913	1,727	1,682	1,799	1,894	1,350	1,268	1,431	1,517	1,235	1,237	1,316	1,417	1,160
Common Stock
Common stock, $0.50 par value
18	18	18	18	18	18	-	-	18	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B Common Stock
Common stock, $0.50 par value
2	2	2	2	2	2	-	-	2	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-