Balance Sheet Newell Brands Inc.

Equities

NWL

US6512291062

Appliances, Tools & Housewares

Market Closed - Nasdaq Other stock markets 16:00:00 2024-09-13 EDT			5-day change	1st Jan Change
7.830 ^USD	+5.38%		+2.89%	-9.79%

09-04	Transcript : Newell Brands Inc. Presents at Barclays 17th Annual Global Consumer Staples Conference, Sep-04-2024 09:00 AM
08-27	Contigo Collaborates with Ally Love on Limited-Edition Water Bottle Line to Help Americans Hydrate with Love	CI

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Published financial data: NEWELL BRANDS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	9.71B	9.38B	10.59B	9.46B	8.13B
Total Revenues	9.71B	9.38B	10.59B	9.46B	8.13B
Cost of Goods Sold, Total	6.48B	6.3B	7.27B	6.6B	5.69B
Gross Profit	3.24B	3.08B	3.32B	2.86B	2.44B
Selling General & Admin Expenses, Total	2.26B	2.08B	2.11B	1.89B	1.88B
R&D Expenses	149M	144M	153M	140M	117M
Other Operating Expenses, Total	2.41B	2.22B	2.27B	2.03B	1.99B
Operating Income	822M	860M	1.05B	826M	446M
Interest Expense, Total	-303M	-274M	-256M	-235M	-283M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-303M	-274M	-256M	-235M	-283M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-12.8M	-17M	-8M	-47M	-22M
Other Non Operating Income (Expenses)	-16M	1M	12M	-9M	-23M
EBT, Excl. Unusual Items	490M	570M	800M	535M	118M
Restructuring Charges	-81.2M	-44M	-46M	-39M	-194M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-160M	-212M	-	-164M	-241M
Gain (Loss) On Sale Of Investments	-20.6M	-	-	-	-
Gain (Loss) On Sale Of Assets	-200K	-9M	4M	136M	1M
Asset Writedown	-1.05B	-1.29B	-60M	-310M	-101M
Other Unusual Items	-28.3M	-20M	-5M	-1M	-126M
EBT, Incl. Unusual Items	-852M	-1.01B	693M	157M	-543M
Income Tax Expense	-1.04B	-236M	121M	-40M	-155M
Earnings From Continuing Operations	186M	-770M	572M	197M	-388M
Earnings Of Discontinued Operations	-79.5M	-	-	-	-
Net Income to Company	107M	-770M	572M	197M	-388M
Net Income - (IS)	107M	-770M	572M	197M	-388M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	107M	-770M	572M	197M	-388M
Net Income to Common Excl. Extra Items	186M	-770M	572M	197M	-388M
Per Share Items
Net EPS - Basic	0.25	-1.82	1.34	0.47	-0.94
Basic EPS - Continuing Operations	0.44	-1.82	1.34	0.47	-0.94
Basic Weighted Average Shares Outstanding	423M	424M	425M	416M	414M
Net EPS - Diluted	0.25	-1.82	1.34	0.47	-0.94
Diluted EPS - Continuing Operations	0.44	-1.82	1.34	0.47	-0.94
Diluted Weighted Average Shares Outstanding	424M	424M	428M	417M	414M
Normalized Basic EPS	0.72	0.84	1.18	0.8	0.18
Normalized Diluted EPS	0.72	0.84	1.17	0.8	0.18
Dividend Per Share	0.92	0.92	0.92	0.92	0.44
Payout Ratio	366.14	-50.91	68.88	195.43	-47.42
Supplemental Items
EBITDA	1.27B	1.22B	1.38B	1.12B	780M
EBITA	1.01B	1.02B	1.17B	926M	555M
EBIT	822M	860M	1.05B	826M	446M
EBITDAR	1.5B	1.42B	1.57B	1.32B	976M
Effective Tax Rate - (Ratio)	121.85	23.46	17.46	-25.48	28.55
Current Domestic Taxes	19.2M	-49M	65M	-239M	57M
Current Foreign Taxes	42M	74M	97M	102M	71M
Total Current Taxes	61.2M	25M	162M	-137M	128M
Deferred Domestic Taxes	-418M	-169M	-63M	129M	-272M
Deferred Foreign Taxes	-650M	-92M	22M	-32M	-11M
Total Deferred Taxes	-1.07B	-261M	-41M	97M	-283M
Normalized Net Income	306M	356M	500M	334M	73.75M
Interest on Long-Term Debt	500K	-	-	-	-
Non-Cash Pension Expense	7.8M	59M	-2M	-1M	131M
Supplemental Operating Expense Items
Advertising Expense	389M	362M	407M	387M	371M
Selling and Marketing Expenses	389M	362M	407M	387M	371M
Research And Development Expense From Footnotes	149M	144M	153M	140M	117M
Net Rental Expense, Total	233M	205M	189M	193M	196M
Imputed Operating Lease Interest Expense	84.16M	70.72M	65.28M	62.21M	75.69M
Imputed Operating Lease Depreciation	148M	134M	124M	131M	120M
Stock-Based Comp., Other (Total)	42.5M	41M	52M	12M	50M
Total Stock-Based Compensation	42.5M	41M	52M	12M	50M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	349M	981M	440M	287M	332M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	349M	981M	440M	287M	332M
Accounts Receivable, Total	1.84B	1.68B	1.5B	1.25B	1.2B
Other Receivables	-	-	-	-	-
Total Receivables	1.84B	1.68B	1.5B	1.25B	1.2B
Inventory	1.61B	1.64B	2B	2.2B	1.53B
Prepaid Expenses	313M	270M	251M	244M	237M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	40M	37M	16M	29M
Other Current Assets, Total	-	21M	37M	52M	30M
Total Current Assets	4.11B	4.63B	4.26B	4.05B	3.35B
Gross Property Plant And Equipment	3.49B	3.59B	3.7B	3.65B	3.78B
Accumulated Depreciation	-1.72B	-1.89B	-1.94B	-1.89B	-2.06B
Net Property Plant And Equipment	1.77B	1.71B	1.76B	1.76B	1.73B
Long-term Investments	-	7M	3M	-	-
Goodwill	3.71B	3.55B	3.5B	3.3B	3.07B
Other Intangibles, Total	4.92B	3.56B	3.37B	2.65B	2.49B
Deferred Tax Assets Long-Term	776M	838M	814M	810M	806M
Other Long-Term Assets, Total	361M	404M	464M	691M	717M
Total Assets	15.64B	14.7B	14.18B	13.26B	12.16B
Liabilities
Accounts Payable, Total	1.1B	1.53B	1.68B	1.06B	1B
Accrued Expenses, Total	1.3B	1.4B	1.45B	1.19B	1.31B
Short-term Borrowings	25M	-	-	619M	131M
Current Portion of Long-Term Debt	304M	463M	-	15M	213M
Current Portion of Leases	136M	132M	125M	122M	122M
Current Income Taxes Payable	114M	66M	43M	53M	89M
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	-	36M	16M	19M	27M
Total Current Liabilities	2.98B	3.62B	3.32B	3.08B	2.9B
Long-Term Debt	5.38B	5.24B	4.92B	4.85B	4.7B
Long-Term Leases	551M	477M	502M	513M	446M
Pension & Other Post Retirement Benefits	384M	371M	285M	197M	193M
Deferred Tax Liability Non Current	625M	414M	405M	520M	241M
Other Non Current Liabilities	727M	679M	657M	589M	576M
Total Liabilities	10.65B	10.8B	10.09B	9.74B	9.05B
Common Stock, Total	447M	448M	450M	439M	440M
Additional Paid In Capital	8.43B	8.08B	7.73B	7.05B	6.92B
Retained Earnings	-2.4B	-3.17B	-2.6B	-2.34B	-2.73B
Treasury Stock	-590M	-598M	-609M	-623M	-627M
Comprehensive Income and Other	-920M	-880M	-882M	-1.01B	-890M
Total Common Equity	4.96B	3.87B	4.09B	3.52B	3.11B
Minority Interest	32.7M	26M	-	-	-
Total Equity	5B	3.9B	4.09B	3.52B	3.11B
Total Liabilities And Equity	15.64B	14.7B	14.18B	13.26B	12.16B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	424M	425M	426M	414M	414M
ECS Total Common Shares Outstanding	424M	424M	426M	414M	414M
Book Value / Share	11.72	9.13	9.61	8.51	7.51
Tangible Book Value	-3.66B	-3.24B	-2.78B	-2.43B	-2.45B
Tangible Book Value Per Share	-8.65	-7.64	-6.54	-5.87	-5.91
Total Debt	6.4B	6.31B	5.55B	6.12B	5.61B
Net Debt	6.05B	5.33B	5.11B	5.83B	5.28B
Debt Equivalent of Unfunded Proj. Benefit Obligation	267M	237M	133M	156M	113M
Debt Equivalent Oper. Leases	1.86B	1.64B	1.51B	1.54B	1.57B
Minority Interest, Total (Incl. Fin. Div)	32.7M	26M	-	-	-
Account Code - Inventory Valuation	4	4	4	4	3
LIFO Reserve, Total	-13.9M	-8M	-90M	-102M	-
Inventories - Raw Materials, Total	231M	252M	310M	285M	214M
Inventories - Work In Process, Total	135M	157M	167M	218M	173M
Inventories - Finished Goods, Total	1.24B	1.23B	1.52B	1.7B	1.14B
Land - (BS)	86M	86M	82M	76M	75M
Buildings, Total	641M	664M	678M	648M	678M
Machinery, Total	2.15B	2.31B	2.39B	2.35B	2.52B
Full Time Employees	30K	31K	32K	28K	24.6K
Accumulated Allowance for Doubtful Accounts (Supple)	28.7M	36M	27M	31M	31M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	107M	-770M	572M	197M	-388M
Depreciation & Amortization - CF	254M	200M	205M	196M	225M
Amortization of Goodwill and Intangible Assets - (CF)	192M	157M	120M	100M	109M
Depreciation & Amortization, Total	446M	357M	325M	296M	334M
(Gain) Loss From Sale Of Asset	200K	9M	-	0	-1M
(Gain) Loss on Sale of Investments - (CF)	20.5M	-	-	-	-
Asset Writedown & Restructuring Costs	1.21B	1.5B	60M	474M	342M
Stock-Based Compensation (CF)	42.5M	41M	52M	12M	50M
Net Cash From Discontinued Operations	105M	-	-	-	-
Other Operating Activities, Total	-1.05B	-187M	-42M	-36M	-190M
Change In Accounts Receivable	311M	168M	130M	130M	67M
Change In Inventories	131M	-29M	-396M	-276M	673M
Change In Accounts Payable	-109M	415M	177M	-536M	-50M
Change in Other Net Operating Assets	-169M	-75M	6M	-533M	93M
Cash from Operations	1.04B	1.43B	884M	-272M	930M
Capital Expenditure	-265M	-259M	-289M	-312M	-284M
Cash Acquisitions	-	-	-	-	-
Divestitures	996M	16M	-	617M	11M
Other Investing Activities, Total	4.6M	15M	21M	38M	74M
Cash from Investing	735M	-228M	-268M	343M	-199M
Short Term Debt Issued, Total	-	-	-	619M	-
Long-Term Debt Issued, Total	-	491M	-	989M	-
Total Debt Issued	-	491M	-	1.61B	-
Short Term Debt Repaid, Total	-26.1M	-26M	-	-	-488M
Long-Term Debt Repaid, Total	-1.27B	-625M	-704M	-1.09B	-2M
Total Debt Repaid	-1.3B	-651M	-704M	-1.09B	-490M
Issuance of Common Stock	-	11M	-	-	10M
Repurchase of Common Stock	-5.3M	-	-12M	-325M	-
Common Dividends Paid	-390M	-392M	-394M	-385M	-184M
Common & Preferred Stock Dividends Paid	-390M	-392M	-394M	-385M	-184M
Other Financing Activities, Total	-210M	-18M	-33M	-39M	-
Cash from Financing	-1.9B	-559M	-1.14B	-232M	-664M
Foreign Exchange Rate Adjustments	-600K	5M	-17M	-13M	-9M
Net Change in Cash	-125M	650M	-544M	-174M	58M
Supplemental Items
Cash Interest Paid	304M	281M	271M	244M	298M
Cash Income Tax Paid (Refund)	156M	106M	165M	172M	103M
Levered Free Cash Flow	1.78B	1.13B	576M	-358M	1.05B
Unlevered Free Cash Flow	1.97B	1.3B	736M	-211M	1.23B
Change In Net Working Capital	-1.23B	-627M	9M	723M	-852M
Net Debt Issued / Repaid	-1.3B	-160M	-704M	517M	-490M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	3.08	3.54	4.55	3.75	2.19
Return on Total Capital	4.34	4.98	6.62	5.34	3.04
Return On Equity %	3.63	-17.31	14.32	5.13	-11.7
Return on Common Equity	3.66	-17.43	14.36	5.13	-11.7
Margin Analysis
Gross Profit Margin %	33.3	32.85	31.33	30.19	29.99
SG&A Margin	23.3	22.15	19.95	19.98	23.07
EBITDA Margin %	13.06	12.97	13	11.86	9.59
EBITA Margin %	10.44	10.84	11.07	9.79	6.82
EBIT Margin %	8.46	9.16	9.93	8.73	5.48
Income From Continuing Operations Margin %	1.92	-8.2	5.4	2.08	-4.77
Net Income Margin %	1.1	-8.2	5.4	2.08	-4.77
Net Avail. For Common Margin %	1.92	-8.2	5.4	2.08	-4.77
Normalized Net Income Margin	3.15	3.8	4.72	3.53	0.91