WEST PHARMACEUTICAL SERVICES, INC. WST Balance Sheet

West pharmaceutical services, inc. (WST)

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
335	439	396	326	265	337	297	225	199	235	269	226	169	203	205	202	178	274	256	252	207	255	246	226	230	230	221	190	175	161	143	107	100	91	119	110	94	110	97	67	83
Short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	7	8	12	21	25	26	26	-	-	-	-	-	-	-
Accounts receivable, net
333	319	316	330	318	288	302	296	290	253	251	242	224	200	209	219	209	181	194	198	189	179	195	209	208	185	198	195	189	175	182	185	176	147	153	165	161	126	142	145	138
Inventories
251	235	230	232	226	214	206	208	215	215	215	211	212	199	201	197	194	181	187	187	183	181	185	187	187	176	176	176	173	162	165	159	158	151	155	161	157	147	148	143	129
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	8	8	7	18	16	16	15	9	9	8	7	7	7	7	7	10	11	11	10	8	7	7
Other current assets
58	64	61	54	57	54	43	36	37	39	40	37	46	39	41	39	48	36	33	33	36	35	32	44	44	42	30	33	35	38	36	32	34	46	65	61	56	42	44	40	38
Total current assets
977	1,058	1,004	944	867	894	850	766	743	743	776	717	652	641	658	659	630	673	680	679	625	659	679	685	686	650	643	613	589	557	557	517	502	472	503	510	481	436	441	403	397
Property, plant and equipment
1,816	1,820	1,779	1,786	1,759	1,752	1,745	1,737	1,775	1,745	1,701	1,646	1,583	1,554	1,551	1,498	1,482	1,440	1,398	1,380	1,349	1,390	1,381	1,402	1,385	1,369	1,328	1,289	1,271	1,274	1,226	1,185	1,184	1,136	1,135	1,143	1,127	1,077	1,070	1,012	1,062
Less: accumulated depreciation and amortization
988	980	967	963	945	930	923	910	917	890	865	834	800	776	778	757	750	719	708	694	673	685	686	693	673	657	646	625	612	605	589	565	565	543	559	562	552	522	514	480	485
Property, plant and equipment, net
828	839	812	822	814	822	822	826	857	855	835	811	782	778	772	741	732	721	689	685	675	705	694	709	712	711	682	663	658	669	637	620	619	593	576	581	574	554	556	532	577
Operating lease right-of-use assets
68	70	71	74	75	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in affiliated companies
197	192	97	95	94	91	90	91	89	85	84	83	81	82	81	77	61	61	59	59	59	60	61	60	59	60	59	58	55	59	60	57	58	56	55	51	48	48	43	40	38
Goodwill
106	107	106	108	105	105	106	106	108	107	107	105	103	103	105	104	105	104	105	105	104	108	110	114	114	114	113	111	111	112	111	110	112	111	113	116	115	112	113	107	114
Intangible assets, net
28	29	28	29	19	20	21	21	22	21	22	22	23	23	24	24	25	37	38	39	40	42	43	46	47	48	48	49	49	50	50	49	51	52	52	54	55	55	55	52	55
Deferred income taxes
12	14	33	27	32	24	34	38	24	25	87	85	68	66	70	74	87	70	66	66	64	66	60	65	65	61	92	92	88	90	85	84	84	85	68	71	68	64	67	63	69
Pension and other postretirement benefits
5	4	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other noncurrent assets
22	24	20	20	26	20	21	21	21	23	16	16	21	21	22	22	24	26	25	27	27	27	22	24	23	24	25	25	24	24	24	24	28	28	29	30	22	22	20	22	19
Total Assets
2,246	2,341	2,174	2,123	2,036	1,978	1,946	1,873	1,869	1,862	1,930	1,843	1,733	1,716	1,735	1,705	1,668	1,695	1,666	1,663	1,596	1,669	1,673	1,704	1,708	1,671	1,664	1,612	1,577	1,564	1,527	1,462	1,457	1,399	1,398	1,415	1,366	1,294	1,299	1,222	1,271
LIABILITIES AND EQUITY
Current liabilities:
Notes payable and other current debt
2	2	0	0	0	0	0	0	0	0	33	33	34	2	2	2	2	69	71	95	98	27	27	2	14	2	18	0	1	32	39	89	86	50	54	6	6	0	1	0	0
Accounts payable
157	156	145	152	137	130	125	126	127	138	121	130	106	122	99	107	97	119	93	91	88	103	91	94	98	108	86	88	91	102	81	85	82	89	71	73	66	63	56	61	68
Pension and other postretirement benefits
2	2	2	2	2	2	2	2	2	2	2	2	2	2	5	5	5	5	2	2	2	2	2	2	2	2	3	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Accrued Salaries, Wages, and Benefits, Current
61	73	72	59	53	64	67	55	50	56	62	48	43	51	58	55	43	53	56	52	38	52	51	51	41	59	55	50	38	56	52	48	37	45	48	48	48	48	51	42	46
Income taxes payable
13	6	19	5	17	9	17	17	13	6	7	2	6	4	3	9	17	12	19	18	15	14	18	15	12	14	26	24	16	15	19	14	13	7	7	6	6	5	9	8	5
Operating lease liabilities, current
9	9	9	10	10	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes other than income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	8	11	7	9	8	11	9	11	13	12	10	11	9	8
Other current liabilities
97	91	86	84	80	76	76	86	69	77	72	71	63	58	67	59	74	53	57	53	53	51	52	55	58	50	48	45	45	43	70	71	69	38	32	43	40	40	26	34	39
Total current liabilities
344	341	335	313	301	283	288	287	263	279	300	289	256	241	236	239	241	314	299	313	296	252	242	221	227	236	246	218	208	261	275	320	302	243	229	192	182	169	158	158	171
Long-term debt
254	255	195	196	195	196	196	196	198	197	196	195	194	226	228	228	229	228	231	231	231	308	315	359	390	371	381	394	428	378	362	296	294	299	323	367	364	358	369	356	379
Deferred income taxes
5	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	10	13	14	13	11	11	12	10	8	9	9	9	15	14	13	12	9	16	15	15	18	19	19	18	19	19	19	20	20	19	20	21	19	21	21	20	23	20	22
Pension and other postretirement benefits
50	52	46	53	54	56	53	53	55	53	62	60	57	75	62	61	60	62	81	63	61	83	75	79	82	83	126	138	135	135	114	112	111	126	84	92	91	87	83	79	85
Operating lease liabilities, noncurrent
61	62	63	66	67	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
40	41	35	35	34	33	43	42	35	42	46	46	47	47	49	51	49	53	48	49	49	52	51	52	52	55	54	57	39	38	37	35	33	54	50	46	43	33	33	36	33
Total Liabilities
756	768	686	678	666	582	594	591	564	582	613	600	564	599	593	595	594	671	671	674	654	712	703	732	773	765	827	828	831	835	810	783	762	744	707	719	703	668	667	651	691
Commitments and contingencies (Note 15)
-	-	-	-	-	-	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, 3.0 million shares authorized; 0 shares issued and outstanding
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, par value $0.25 per share; 100.0 million shares authorized; shares issued: 75.3 million and 75.3 million; shares outstanding: 73.6 million and 74.1 million
18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	17	17	17	17	17	17	-	-	17	-	-	-	8	-	-	-	8	-	-	8
Capital in excess of par value
267	272	268	273	278	282	282	304	308	309	302	292	276	260	247	240	238	207	195	188	170	160	149	138	129	120	103	-	-	70	-	-	-	76	-	-	-	77	-	-	72
Retained earnings
1,611	1,549	1,497	1,452	1,398	1,353	1,312	1,258	1,222	1,178	1,188	1,148	1,118	1,071	1,041	1,013	978	964	939	947	927	902	878	855	825	805	788	-	-	719	-	-	-	664	-	-	-	612	-	-	569
Accumulated other comprehensive loss
-192	-149	-170	-152	-153	-154	-153	-143	-95	-117	-130	-151	-179	-186	-143	-150	-148	-162	-154	-160	-170	-119	-71	-34	-33	-32	-69	-	-	-75	-	-	-	-71	-	-	-	-31	-	-	-19
Treasury stock, at cost (1.7 million and 1.2 million shares)
215	118	126	147	172	103	108	155	149	109	62	64	65	46	21	13	12	4	4	4	4	4	4	4	4	3	3	-	-	3	-	-	-	23	-	-	-	41	-	-	52
Total Equity
1,490	1,573	1,487	1,445	1,369	1,396	1,351	1,281	1,305	1,279	1,316	1,242	1,168	1,117	1,142	1,109	1,074	1,023	995	989	941	956	970	972	934	906	836	784	745	728	717	679	694	654	691	696	663	625	632	641	579
Total Liabilities and Equity
2,246	2,341	2,174	2,123	2,036	1,978	1,946	1,873	1,869	1,862	1,930	1,843	1,733	1,716	1,735	1,705	1,668	1,695	1,666	1,663	1,596	1,669	1,673	1,704	1,708	1,671	1,664	1,612	1,577	1,564	1,527	1,462	1,457	1,399	1,398	1,415	1,366	1,294	1,299	1,222	1,271