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Balance Sheet

Balance Sheet

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Reclassified)
Cash & Equivalents 326.70 379.18 304.18 278.38
Short Term Investments 179.13
Cash and Short Term Investments 505.83 379.18 304.18 278.38
Accounts Receivable - Trade, Gross 411.22 281.76 272.01 345.52
Provision for Doubtful Accounts -15.94 -7.77 -7.30 -7.86
Accounts Receivable - Trade, Net 395.28 273.99 264.72 337.66
Total Receivables, Net 395.28 273.99 264.72 337.66
Inventories - Finished Goods 200.40 138.04 148.46 187.49
Inventories - Work In Progress 50.70 40.56 39.56 41.16
Inventories - Raw Materials 97.58 76.81 87.92 112.41
Total Inventory 348.67 255.41 275.93 341.06
Prepaid Expenses 64.40
Deferred Income Tax - Current Asset --
Other Current Assets 123.84 70.74 91.17 139.10
Other Current Assets, Total 123.84 70.74 91.17 139.10
Total Current Assets 1.37M 1.04M 936.00 1.10M
Buildings - Gross 421.72 335.89 362.33 371.40
Land/Improvements - Gross 66.65 46.22 45.78 46.55
Machinery/Equipment - Gross 776.44 706.94 696.85 711.74
Property/Plant/Equipment, Total - Gross 1.26M 1.09M 1.10M 1.13M
Accumulated Depreciation, Total -787.78 -716.67 -693.63 -690.94
Property/Plant/Equipment, Total - Net 477.03 372.38 411.32 438.75
Goodwill, Net 234.58 231.92 187.50
Intangibles - Gross 243.71 210.33 193.14
Accumulated Intangible Amortization -116.25 -97.36 -88.34
Intangibles, Net 127.45 130.09 120.72
LT Investment - Affiliate Companies 27.24
LT Investments - Other 32.09
Long Term Investments 59.33
Pension Benefits - Overfunded 38.20
Deferred Income Tax - Long Term Asset 15.94 8.42 8.68
Other Long Term Assets 177.94 156.92 22.41 404.27
Other Long Term Assets, Total 193.87 165.34 69.30 404.27
Total Assets 2.41M 1.94M 1.78M 1.94M
Accounts Payable 269.76 176.76 152.62 209.75
Accrued Expenses 91.90 72.78 133.13
Notes Payable/Short Term Debt 2.02 1.76 2.82 68.17
Current Portion of Long Term Debt/Capital Leases 0.11 0.13 1.46
Dividends Payable 25.61 22.99 22.62
Customer Advances 19.68 21.24 16.11
Income Taxes Payable 16.60
Other Current Liabilities 119.66 92.46 24.76 214.48
Other Current liabilities, Total 164.95 136.68 80.09 214.48
Total Current Liabilities 528.74 388.11 370.12 492.40
Long Term Debt 704.14 703.70 350.35 2.49
Total Long Term Debt 704.14 703.70 350.35 2.49
Total Debt 706.27 705.59 354.63 70.65
Deferred Income Tax - Long Term Liability 40.72 41.62 46.66
Deferred Income Tax 40.72 41.62 46.66
Minority Interest 0.82 0.73 0.86 3.23
Pension Benefits - Underfunded 24.70 15.24 32.80
Other Long Term Liabilities 200.50 73.11 69.35 125.75
Other Liabilities, Total 200.50 97.80 84.59 158.55
Total Liabilities 1.47M 1.23M 852.58 656.67
Common Stock 9.86 9.86 9.86 9.86
Common Stock, Total 9.86 9.86 9.86 9.86
Additional Paid-In Capital 334.31 309.42 272.91 258.82
Retained Earnings (Accumulated Deficit) 2.39M 2.24M 2.13M 2.09M
Treasury Stock - Common -1,553.56 -1,514.83 -1,180.75 -783.68
Unrealized Gain (Loss) 0.88 0.59 0.55 -0.01
Cumulative Translation Adjustment -162.78 -233.69 -197.04 -90.72
Minimum Pension Liability Adjustment -85.28 -95.94 -99.78 -197.89
Other Comprehensive Income
Other Equity, Total -248.06 -329.62 -296.82 -288.61
Total Equity 931.64 711.48 931.59 1.28M
Total Liabilities & Shareholders' Equity 2.41M 1.94M 1.78M 1.94M
Shares Outstanding – Common Stock Primary Issue 65.66 65.67 70.69 77.00
Total Common Shares Outstanding 65.66 65.67 70.69 77.00
Treasury Shares – Common Primary Issue 32.92 32.91 27.89 21.58
Employees 11.00M 9.00M 10.00M 10.00M
Number of Common Shareholders 1.65M 1.71M 1.74M 1.77M
Accumulated Intangible Amortization 116.25 97.36 88.34
Deferred Revenue - Current 19.68 21.24 16.11
Total Current Assets less Inventory 1.02M 788.31 660.07 755.15
Quick Ratio 1.94 2.03 1.78 1.53
Current Ratio 2.60 2.69 2.53 2.23
Net Debt 201.26 327.14 51.30 -204.49
Tangible Book Value 569.60 349.47 623.36 1.28M
Tangible Book Value per Share 8.67 5.32 8.82 16.66
Total Long Term Debt, Supplemental 713.18 713.01 355.48 70.66
Long Term Debt Maturing within 1 Year 2.13 1.89 4.28 68.17
Long Term Debt Maturing in Year 2 0.11 0.10 0.57 1.68
Long Term Debt Maturing in Year 3 0.11 0.10 0.11 0.18
Long Term Debt Maturing in Year 4 0.11 0.10 0.10 0.11
Long Term Debt Maturing in Year 5 0.11 0.10 0.10 0.10
Long Term Debt Maturing in 2-3 Years 0.22 0.21 0.67 1.86
Long Term Debt Maturing in 4-5 Years 0.22 0.20 0.21 0.21
Long Term Debt Maturing in Year 6 & Beyond 710.61 710.71 350.32 0.42
Total Capital Leases
Capital Lease Payments Due in Year 1
Capital Lease Payments Due in Year 2
Capital Lease Payments Due in Year 3
Capital Lease Payments Due in Year 4
Capital Lease Payments Due in Year 5
Capital Lease Payments Due in 2-3 Years
Capital Lease Payments Due in 4-5 Years
Capital Lease Payments Due in Year 6 & Beyond
Total Operating Leases 57.31 43.69 41.68 44.40
Operating Lease Payments Due in Year 1 19.21 12.27 12.16 12.37
Operating Lease Payments Due in Year 2 13.36 9.82 8.74 10.67
Operating Lease Payments Due in Year 3 8.97 7.67 6.62 7.90
Operating Lease Payments Due in Year 4 5.25 5.22 5.03 5.43
Operating Lease Payments Due in Year 5 4.89 3.82 3.56 4.13
Operating Lease Payments Due in 2-3 Years 22.33 17.49 15.36 18.57
Operating Lease Payments Due in 4-5 Years 10.14 9.04 8.58 9.55
Standardized Operating Lease Payments Due in Year 6 and Beyond 5.63 4.89 5.58 3.91
Pension Obligation - Domestic 507.08 564.73 558.17 1.05M
Pension Obligation - Foreign 193.52
Plan Assets - Domestic 568.39 599.09 576.10 1.01M
Plan Assets - Foreign 113.34
Funded Status - Domestic 61.31 34.36 17.93 -34.53
Funded Status - Foreign -80.18
Accumulated Obligation - Domestic 691.83 560.23 523.73 1.00M
Total Funded Status -18.87 34.36 17.93 -34.53
Discount Rate - Domestic 3.70 4.10 4.50 4.10
Compensation Rate - Domestic 2.50 2.60 2.70 2.80
Prepaid Benefits - Domestic 81.49 64.40 38.20 1.24
Accrued Liabilities - Domestic -20.17 -30.04 -20.27 -35.77
Other Assets, Net - Domestic 90.68 146.60 154.76 314.41
Net Assets Recognized on Balance Sheet 151.99 180.96 172.69 279.88
Equity % - Domestic 0.80 0.68 0.62
Debt Securities % - Domestic 75.97 25.72 22.93 0.48
Private Investments % - Domestic 6.58 6.57 7.01 3.76
Other Investments % - Domestic 36.59 67.03 69.44 95.76
Total Plan Obligations 700.60 564.73 558.17 1.05M
Total Plan Assets 681.73 599.09 576.10 1.01M

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In millions of USD (except for per share items)

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