Skip to Content

Balance Sheet

Balance Sheet

  Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update)
Cash & Equivalents 257.28 199.56 358.85 326.70
Short Term Investments -- 179.13
Cash and Short Term Investments 257.28 199.56 358.85 505.83
Accounts Receivable - Trade, Gross 388.27 390.65 409.71 411.22
Provision for Doubtful Accounts -14.78 -16.00 -12.83 -15.94
Accounts Receivable - Trade, Net 373.49 374.65 396.89 395.28
Total Receivables, Net 373.49 374.65 396.89 395.28
Inventories - Finished Goods 209.03 213.29 204.06 200.40
Inventories - Work In Progress 60.34 63.74 53.95 50.70
Inventories - Raw Materials 111.89 116.72 103.82 97.58
Total Inventory 381.26 393.75 361.83 348.67
Prepaid Expenses 19.58
Deferred Income Tax - Current Asset
Other Current Assets 80.74 107.62 120.24 123.84
Other Current Assets, Total 80.74 107.62 120.24 123.84
Total Current Assets 1.11M 1.08M 1.24M 1.37M
Buildings - Gross 433.82 427.17 414.70 421.72
Land/Improvements - Gross 70.34 71.68 61.78 66.65
Machinery/Equipment - Gross 902.58 856.27 781.14 776.44
Other Property/Plant/Equipment - Gross 43.57 51.53
Property/Plant/Equipment, Total - Gross 1.45M 1.41M 1.26M 1.26M
Accumulated Depreciation, Total -884.65 -825.77 -778.82 -787.78
Property/Plant/Equipment, Total - Net 565.66 580.88 478.80 477.03
Goodwill, Net 335.59 337.11 281.29 234.58
Intangibles - Gross 319.75 324.57 274.90 243.71
Accumulated Intangible Amortization -185.30 -146.77 -126.96 -116.25
Intangibles, Net 134.45 177.80 147.95 127.45
LT Investment - Affiliate Companies
LT Investments - Other
Long Term Investments
Pension Benefits - Overfunded
Deferred Income Tax - Long Term Asset 16.96 14.28 20.40 15.94
Other Long Term Assets 149.45 185.58 183.59 177.94
Other Long Term Assets, Total 166.40 199.85 203.99 193.87
Total Assets 2.31M 2.37M 2.35M 2.41M
Accounts Payable 256.53 273.00 268.60 269.76
Accrued Expenses 109.94 96.61 94.20 91.90
Notes Payable/Short Term Debt 2.62 34.86 -- 2.02
Current Portion of Long Term Debt/Capital Leases 0.11 0.11 0.11 0.11
Dividends Payable 30.42 29.69 29.87 25.61
Customer Advances 17.02 19.68
Income Taxes Payable
Other Current Liabilities 149.83 128.87 128.38 119.66
Other Current liabilities, Total 180.25 158.56 175.27 164.95
Total Current Liabilities 549.45 563.14 538.18 528.74
Long Term Debt 715.46 712.30 702.55 704.14
Total Long Term Debt 715.46 712.30 702.55 704.14
Total Debt 718.19 747.27 702.66 706.27
Deferred Income Tax - Long Term Liability 46.74 64.29 45.99 40.72
Deferred Income Tax 46.74 64.29 45.99 40.72
Minority Interest 0.98 0.91 0.65 0.82
Pension Benefits - Underfunded
Other Long Term Liabilities 212.56 212.41 175.52 200.50
Other Liabilities, Total 212.56 212.41 175.52 200.50
Total Liabilities 1.53M 1.55M 1.46M 1.47M
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 409.96 389.45 360.31 334.31
Retained Earnings (Accumulated Deficit) 2.82M 2.74M 2.56M 2.39M
Treasury Stock - Common -2,149.71 -2,041.76 -1,753.93 -1,553.56
Cumulative Translation Adjustment -202.91 -206.93 -213.38 -162.78
Minimum Pension Liability Adjustment -101.77 -70.55 -82.05 -85.28
Other Comprehensive Income 2.49 1.63 1.69 0.88
Other Equity, Total -302.19 -275.85 -293.74 -247.19
Total Equity 789.27 818.17 886.94 931.64
Total Liabilities & Shareholders' Equity 2.31M 2.37M 2.35M 2.41M
Shares Outstanding – Common Stock Primary Issue 59.64 60.59 63.55 65.66
Total Common Shares Outstanding 59.64 60.59 63.55 65.66
Treasury Shares – Common Primary Issue 38.94 37.99 35.04 32.92
Employees 10.70M 11.00M 11.00M 11.00M
Number of Common Shareholders 2.19M 1.96M 1.75M 1.65M
Accumulated Intangible Amortization 185.30 146.77 126.96 116.25
Deferred Revenue - Current 17.02 19.68
Total Current Assets less Inventory 731.09 681.83 875.97 1.02M
Quick Ratio 1.33 1.21 1.63 1.94
Current Ratio 2.02 1.91 2.30 2.60
Net Debt 461.89 548.61 344.46 201.26
Tangible Book Value 319.23 303.27 457.70 569.60
Tangible Book Value per Share 5.35 5.01 7.20 8.67
Total Long Term Debt, Supplemental 710.83 710.92 711.05 713.18
Long Term Debt Maturing within 1 Year 0.11 0.10 0.11 2.13
Long Term Debt Maturing in Year 2 5.36 0.10 0.11 0.11
Long Term Debt Maturing in Year 3 5.36 0.10 0.11 0.11
Long Term Debt Maturing in Year 4 100.00 5.30 0.11 0.11
Long Term Debt Maturing in Year 5 100.00 5.30 10.61 0.11
Long Term Debt Maturing in 2-3 Years 10.72 0.21 0.22 0.22
Long Term Debt Maturing in 4-5 Years 200.00 10.61 10.71 0.22
Long Term Debt Maturing in Year 6 & Beyond 500.00 700.00 700.00 710.61
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 45.49 52.65 62.68 57.31
Operating Lease Payments Due in Year 1 12.70 15.24 16.92 19.21
Operating Lease Payments Due in Year 2 9.65 11.51 19.64 13.36
Operating Lease Payments Due in Year 3 7.66 8.77 7.72 8.97
Operating Lease Payments Due in Year 4 6.13 7.22 4.74 5.25
Operating Lease Payments Due in Year 5 3.34 5.79 3.63 4.89
Operating Lease Payments Due in 2-3 Years 17.31 20.28 27.36 22.33
Operating Lease Payments Due in 4-5 Years 9.47 13.01 8.37 10.14
Standardized Operating Lease Payments Due in Year 6 and Beyond 6.01 4.13 10.03 5.63
Pension Obligation - Domestic 557.95 492.51 438.95 507.08
Pension Obligation - Foreign 190.14 176.86 168.81 193.52
Plan Assets - Domestic 618.02 589.55 512.08 568.39
Plan Assets - Foreign 117.06 105.67 100.19 113.34
Funded Status - Domestic 60.08 97.04 73.13 61.31
Funded Status - Foreign -73.08 -71.19 -68.62 -80.18
Accumulated Obligation - Domestic 691.83
Total Funded Status -13.01 25.86 4.51 -18.87
Discount Rate - Domestic 2.20 3.40 4.40 3.70
Discount Rate - Foreign 1.30 1.70
Compensation Rate - Domestic 2.50 2.50 2.50 2.50
Compensation Rate - Foreign 2.70 2.60
Prepaid Benefits - Domestic 71.40 111.88 87.79 81.49
Prepaid Benefits - Foreign -- --
Accrued Liabilities - Domestic -11.32 -14.84 -14.65 -20.17
Accrued Liabilities - Foreign -73.08 -71.19
Other Assets, Net - Domestic 108.87 67.05 85.62 90.68
Other Assets, Net - Foreign 29.05 29.03
Net Assets Recognized on Balance Sheet 124.92 121.94 158.76 151.99
Equity % - Domestic 0.75 0.80
Debt Securities % - Domestic 75.98 79.84 75.97
Private Investments % - Domestic 4.51 6.91 6.58
Other Investments % - Domestic 19.51 32.06 36.59
Total Plan Obligations 748.09 669.37 607.76 700.60
Total Plan Assets 735.08 695.22 612.27 681.73

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

Copyright Refinitiv

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.