Balance Sheet

Download CSV

	Year Ending Dec 2020 (Update)	Year Ending Dec 2019 (Update)	Year Ending Dec 2018 (Update)	Year Ending Dec 2017 (Update)	Year Ending Dec 2016 (Update)	Year Ending Dec 2015 (Update)	Year Ending Dec 2014 (Reclassified)	Year Ending Dec 2013 (Update)	Year Ending Dec 2012 (Reclassified)	Year Ending Dec 2011 (Reclassified)
Cash & Equivalents	257.28	199.56	358.85	326.70	379.18	304.18	278.38	299.83	286.46	361.10
Short Term Investments			--	179.13
Cash and Short Term Investments	257.28	199.56	358.85	505.83	379.18	304.18	278.38	299.83	286.46	361.10
Accounts Receivable - Trade, Gross	388.27	390.65	409.71	411.22	281.76	272.01	345.52	375.53	369.32	393.28
Provision for Doubtful Accounts	-14.78	-16.00	-12.83	-15.94	-7.77	-7.30	-7.86	-8.40	-8.65	-7.08
Accounts Receivable - Trade, Net	373.49	374.65	396.89	395.28	273.99	264.72	337.66	367.13	360.66	386.20
Total Receivables, Net	373.49	374.65	396.89	395.28	273.99	264.72	337.66	367.13	360.66	386.20
Inventories - Finished Goods	209.03	213.29	204.06	200.40	138.04	148.46	187.49	198.52	203.12	213.94
Inventories - Work In Progress	60.34	63.74	53.95	50.70	40.56	39.56	41.16	38.96	41.81	42.10
Inventories - Raw Materials	111.89	116.72	103.82	97.58	76.81	87.92	112.41	112.48	119.96	117.19
Total Inventory	381.26	393.75	361.83	348.67	255.41	275.93	341.06	349.96	364.89	373.24
Prepaid Expenses	19.58				64.40
Deferred Income Tax - Current Asset						--		10.92		15.10
Other Current Assets	80.74	107.62	120.24	123.84	70.74	91.17	139.10	102.93	120.80	83.63
Other Current Assets, Total	80.74	107.62	120.24	123.84	70.74	91.17	139.10	113.85	120.80	98.73
Total Current Assets	1.11M	1.08M	1.24M	1.37M	1.04M	936.00	1.10M	1.13M	1.13M	1.22M
Buildings - Gross	433.82	427.17	414.70	421.72	335.89	362.33	371.40	373.37	343.87	322.63
Land/Improvements - Gross	70.34	71.68	61.78	66.65	46.22	45.78	46.55	48.37	44.51	42.89
Machinery/Equipment - Gross	902.58	856.27	781.14	776.44	706.94	696.85	711.74	723.72	732.46	724.80
Other Property/Plant/Equipment - Gross	43.57	51.53
Property/Plant/Equipment, Total - Gross	1.45M	1.41M	1.26M	1.26M	1.09M	1.10M	1.13M	1.15M	1.12M	1.09M
Accumulated Depreciation, Total	-884.65	-825.77	-778.82	-787.78	-716.67	-693.63	-690.94	-661.45	-634.60	-619.87
Property/Plant/Equipment, Total - Net	565.66	580.88	478.80	477.03	372.38	411.32	438.75	484.01	486.24	470.45
Goodwill, Net	335.59	337.11	281.29	234.58	231.92	187.50		174.72		65.10
Intangibles - Gross	319.75	324.57	274.90	243.71	210.33	193.14		205.25		129.28
Accumulated Intangible Amortization	-185.30	-146.77	-126.96	-116.25	-97.36	-88.34		-58.24		-34.81
Intangibles, Net	134.45	177.80	147.95	127.45	130.09	120.72		147.01		94.47
LT Investment - Affiliate Companies						27.24		26.62		24.62
LT Investments - Other						32.09		32.76		30.18
Long Term Investments						59.33		59.38		54.79
Pension Benefits - Overfunded						38.20		36.12
Deferred Income Tax - Long Term Asset	16.96	14.28	20.40	15.94	8.42	8.68		3.56		57.57
Other Long Term Assets	149.45	185.58	183.59	177.94	156.92	22.41	404.27	116.31	470.81	15.12
Other Long Term Assets, Total	166.40	199.85	203.99	193.87	165.34	69.30	404.27	155.98	470.81	72.69
Total Assets	2.31M	2.37M	2.35M	2.41M	1.94M	1.78M	1.94M	2.15M	2.09M	1.98M
Accounts Payable	256.53	273.00	268.60	269.76	176.76	152.62	209.75	212.80	209.65	176.31
Accrued Expenses	109.94	96.61	94.20	91.90	72.78	133.13		108.44		96.26
Notes Payable/Short Term Debt	2.62	34.86	--	2.02	1.76	2.82	68.17	14.58	18.22	19.92
Current Portion of Long Term Debt/Capital Leases	0.11	0.11	0.11	0.11	0.13	1.46		0.72	0.46	81.50
Dividends Payable	30.42	29.69	29.87	25.61	22.99	22.62		18.62		14.19
Customer Advances			17.02	19.68	21.24	16.11		24.32		15.47
Income Taxes Payable						16.60		46.11		21.96
Other Current Liabilities	149.83	128.87	128.38	119.66	92.46	24.76	214.48	31.34	211.94	45.43
Other Current liabilities, Total	180.25	158.56	175.27	164.95	136.68	80.09	214.48	120.38	211.94	97.05
Total Current Liabilities	549.45	563.14	538.18	528.74	388.11	370.12	492.40	456.92	440.27	471.04
Long Term Debt	715.46	712.30	702.55	704.14	703.70	350.35	2.49	3.79	1.60	1.96
Total Long Term Debt	715.46	712.30	702.55	704.14	703.70	350.35	2.49	3.79	1.60	1.96
Total Debt	718.19	747.27	702.66	706.27	705.59	354.63	70.65	19.09	20.28	103.38
Deferred Income Tax - Long Term Liability	46.74	64.29	45.99	40.72	41.62	46.66		48.10		17.61
Deferred Income Tax	46.74	64.29	45.99	40.72	41.62	46.66		48.10		17.61
Minority Interest	0.98	0.91	0.65	0.82	0.73	0.86	3.23	4.09	15.95	16.30
Pension Benefits - Underfunded					24.70	15.24	32.80	27.00	216.19	232.18
Other Long Term Liabilities	212.56	212.41	175.52	200.50	73.11	69.35	125.75	85.37	73.49	60.75
Other Liabilities, Total	212.56	212.41	175.52	200.50	97.80	84.59	158.55	112.37	289.68	292.93
Total Liabilities	1.53M	1.55M	1.46M	1.47M	1.23M	852.58	656.67	625.27	747.49	799.83
Common Stock	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86
Common Stock, Total	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86
Additional Paid-In Capital	409.96	389.45	360.31	334.31	309.42	272.91	258.82	240.52	205.12	179.10
Retained Earnings (Accumulated Deficit)	2.82M	2.74M	2.56M	2.39M	2.24M	2.13M	2.09M	1.91M	1.68M	1.48M
Treasury Stock - Common	-2,149.71	-2,041.76	-1,753.93	-1,553.56	-1,514.83	-1,180.75	-783.68	-480.30	-319.88	-248.53
Cumulative Translation Adjustment	-202.91	-206.93	-213.38	-162.78	-233.69	-197.04	-90.72	8.38		6.58
Minimum Pension Liability Adjustment	-101.77	-70.55	-82.05	-85.28	-95.94	-99.78	-197.89	-160.69		-255.37
Other Comprehensive Income	2.49	1.63	1.69	0.88	0.59	0.55	-0.01	0.37	-235.40	0.91
Other Equity, Total	-302.19	-275.85	-293.74	-247.19	-329.04	-296.27	-288.62	-151.94	-235.40	-247.88
Total Equity	789.27	818.17	886.94	931.64	711.48	931.59	1.28M	1.53M	1.34M	1.18M
Total Liabilities & Shareholders' Equity	2.31M	2.37M	2.35M	2.41M	1.94M	1.78M	1.94M	2.15M	2.09M	1.98M
Shares Outstanding – Common Stock Primary Issue	59.64	60.59	63.55	65.66	65.67	70.69	77.00	81.01	82.94	83.76
Total Common Shares Outstanding	59.64	60.59	63.55	65.66	65.67	70.69	77.00	81.01	82.94	83.76
Treasury Shares – Common Primary Issue	38.94	37.99	35.04	32.92	32.91	27.89	21.58	17.57	15.64	14.82
Employees	10.70M	11.00M	11.00M	11.00M	9.00M	10.00M	10.00M	10.00M	10.00M	9.93M
Number of Common Shareholders	2.19M	1.96M	1.75M	1.65M	1.71M	1.74M	1.77M		1.70M	1.75M
Accumulated Intangible Amortization	185.30	146.77	126.96	116.25	97.36	88.34		58.24		34.81
Deferred Revenue - Current			17.02	19.68	21.24	16.11		24.32		15.47
Total Current Assets less Inventory	731.09	681.83	875.97	1.02M	788.31	660.07	755.15	780.81	767.93	846.03
Quick Ratio	1.33	1.21	1.63	1.94	2.03	1.78	1.53	1.71	1.74	1.80
Current Ratio	2.02	1.91	2.30	2.60	2.69	2.53	2.23	2.47	2.57	2.59
Net Debt	461.89	548.61	344.46	201.26	327.14	51.30	-204.49	-276.65	-250.24	-241.43
Tangible Book Value	319.23	303.27	457.70	569.60	349.47	623.36	1.28M	1.20M	1.34M	1.02M
Tangible Book Value per Share	5.35	5.01	7.20	8.67	5.32	8.82	16.66	14.87	16.18	12.15
Total Long Term Debt, Supplemental	710.83	710.92	711.05	713.18	713.01	355.48		17.54	20.28	82.20
Long Term Debt Maturing within 1 Year	0.11	0.10	0.11	2.13	1.89	4.28		15.30	18.68	80.50
Long Term Debt Maturing in Year 2	5.36	0.10	0.11	0.11	0.10	0.57		0.54	0.41	0.36
Long Term Debt Maturing in Year 3	5.36	0.10	0.11	0.11	0.10	0.11		0.45	0.31	0.36
Long Term Debt Maturing in Year 4	100.00	5.30	0.11	0.11	0.10	0.10		0.29	0.13	0.14
Long Term Debt Maturing in Year 5	100.00	5.30	10.61	0.11	0.10	0.10		0.20	0.13	0.14
Long Term Debt Maturing in 2-3 Years	10.72	0.21	0.22	0.22	0.21	0.67		0.98	0.72	0.72
Long Term Debt Maturing in 4-5 Years	200.00	10.61	10.71	0.22	0.20	0.21		0.49	0.27	0.27
Long Term Debt Maturing in Year 6 & Beyond	500.00	700.00	700.00	710.61	710.71	350.32		0.77	0.61	0.71
Total Capital Leases										0.90
Capital Lease Payments Due in Year 1										0.64
Capital Lease Payments Due in Year 2										0.07
Capital Lease Payments Due in Year 3										0.07
Capital Lease Payments Due in Year 4										0.04
Capital Lease Payments Due in Year 5										0.04
Capital Lease Payments Due in 2-3 Years										0.14
Capital Lease Payments Due in 4-5 Years										0.08
Capital Lease Payments Due in Year 6 & Beyond										0.05
Total Operating Leases	45.49	52.65	62.68	57.31	43.69	41.68	44.40	48.17	46.22	36.22
Operating Lease Payments Due in Year 1	12.70	15.24	16.92	19.21	12.27	12.16	12.37	13.26	12.62	10.62
Operating Lease Payments Due in Year 2	9.65	11.51	19.64	13.36	9.82	8.74	10.67	18.63	9.39	7.72
Operating Lease Payments Due in Year 3	7.66	8.77	7.72	8.97	7.67	6.62	7.90	9.71	6.87	5.44
Operating Lease Payments Due in Year 4	6.13	7.22	4.74	5.25	5.22	5.03	5.43		5.70	3.84
Operating Lease Payments Due in Year 5	3.34	5.79	3.63	4.89	3.82	3.56	4.13		4.56	3.33
Operating Lease Payments Due in 2-3 Years	17.31	20.28	27.36	22.33	17.49	15.36	18.57	28.34	16.26	13.16
Operating Lease Payments Due in 4-5 Years	9.47	13.01	8.37	10.14	9.04	8.58	9.55		10.26	7.17
Standardized Operating Lease Payments Due in Year 6 and Beyond	6.01	4.13	10.03	5.63	4.89	5.58	3.91	6.57	7.08	5.26
Pension Obligation - Domestic	557.95	492.51	438.95	507.08	564.73	558.17	1.05M	941.44	1.03M	991.98
Pension Obligation - Foreign	190.14	176.86	168.81	193.52
Plan Assets - Domestic	618.02	589.55	512.08	568.39	599.09	576.10	1.01M	940.00	813.90	749.46
Plan Assets - Foreign	117.06	105.67	100.19	113.34
Funded Status - Domestic	60.08	97.04	73.13	61.31	34.36	17.93	-34.53	-1.45	-219.83	-242.52
Funded Status - Foreign	-73.08	-71.19	-68.62	-80.18
Accumulated Obligation - Domestic				691.83	560.23	523.73	1.00M	891.40	976.03	949.49
Total Funded Status	-13.01	25.86	4.51	-18.87	34.36	17.93	-34.53	-1.45	-219.83	-242.52
Discount Rate - Domestic	2.20	3.40	4.40	3.70	4.10	4.50	4.10	4.70	3.80	4.20
Discount Rate - Foreign	1.30	1.70
Compensation Rate - Domestic	2.50	2.50	2.50	2.50	2.60	2.70	2.80	4.20	4.00	4.00
Compensation Rate - Foreign	2.70	2.60
Prepaid Benefits - Domestic	71.40	111.88	87.79	81.49	64.40	38.20	1.24			--
Prepaid Benefits - Foreign	--	--
Accrued Liabilities - Domestic	-11.32	-14.84	-14.65	-20.17	-30.04	-20.27	-35.77	-37.56	-219.83	-242.52
Accrued Liabilities - Foreign	-73.08	-71.19
Other Assets, Net - Domestic	108.87	67.05	85.62	90.68	146.60	154.76	314.41	256.26	417.97	407.53
Other Assets, Net - Foreign	29.05	29.03
Net Assets Recognized on Balance Sheet	124.92	121.94	158.76	151.99	180.96	172.69	279.88	218.70	198.14	165.00
Equity % - Domestic			0.75	0.80	0.68	0.62			13.24	12.60
Debt Securities % - Domestic		75.98	79.84	75.97	25.72	22.93	0.48	0.50	0.64	81.57
Private Investments % - Domestic		4.51	6.91	6.58	6.57	7.01	3.76	3.46	3.33	2.37
Other Investments % - Domestic		19.51	32.06	36.59	67.03	69.44	95.76	96.04	82.80	3.46
Total Plan Obligations	748.09	669.37	607.76	700.60	564.73	558.17	1.05M	941.44	1.03M	991.98
Total Plan Assets	735.08	695.22	612.27	681.73	599.09	576.10	1.01M	940.00	813.90	749.46

For a more complete picture of our financial results, please review our SEC Filings

In millions of USD (except for per share items)

You are viewing data sourced from a third-party web site. Lincoln Electric Holdings, Inc. does not maintain or provide information directly to this site. Lincoln Electric does not make any representations or warranties with respect to the information contained herein and assumes no responsibility for supplementing, updating, correcting such information.

Price
Change

LECO:NASDAQ

Balance Sheet

Balance Sheet