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Based on theKellogg's Annual Report what is the balance sheet and calculate the following: How much did cash increase over the last two years? ITEM

Based on theKellogg's Annual Report what is the balance sheet and calculate the following: How much did cash increase over the last two years?

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ITEM 6. SELECTED FINANCIAL DATA Kellogg Company and Subsidiaries Selected Financial Data 2019 2018 2017 2016 2015 $ 13,578 $ 13,547 $ 12,854 $ 12,965 $ 13,525 (millions, except per share data and number of employees) Operating trends Net sales Gross profit as a % of net sales Depreciation Amortization Advertising expense (a) Research and development expense (b) Operating profit Operating profit as a % of net sales Interest expense Net income attributable to Kellogg Company Average shares outstanding: Basic Diluted Per share amounts: Basic Diluted Cash flow trends Net cash provided by (used in) operating activities $ Capital expenditures Net cash provided by (used in) operating activities reduced by capital expenditures (c) 32.3% 457 34.9% 493 36.6% 469 37.3% 510 35.4% 526 27 676 144 23 752 154 12 732 148 7 736 182 8 898 193 1,401 10.3% 1,706 12.6% 1,387 10.8% 1,483 11.4% 284 960 287 1,336 256 1,254 406 699 9.4% 227 614 341 343 347 348 348 350 350 354 354 356 2.81 2.80 3.85 3.83 3.61 3.58 1.99 1.97 1.74 1.72 1,176 586 $ 1,536 578 $ 403 501 $ 1,271 507 1,268 $ 1,691 553 590 958 (98) 764 1,138 774 (948) (566) 149 (604) (392) (786) (1,127) (706) 8.1 9.4 4.6 6.8 $ 17,564 $ 17,780 $ 16,351 $ 15,111 $ 15,251 3,612 3,731 3,716 3,569 3,621 727 686 779 1,069 2,470 Long-term debt 7,195 8,207 7,836 6,698 5,275 Total Kellogg Company equity 2,747 2,601 2,178 1,891 2,128 Share price trends Stock price range Cash dividends per common share $52-69 $56-75 $59-76 $70-87 $61-74 2.26 2.20 2.12 2.04 1.98 31,000 34,000 33,000 37,000 34,000 Net cash provided by (used in) investing activities Net cash provided by (used in) used in financing activities Interest coverage ratio (d) Capital structure trends Total assets (1,905) 7.2 Property, net Short-term debt and current maturities of long-term debt Number of employees The above amounts have been restated to include the impact of Accounting Standard Updates adopted in the first quarter of 2018 with the exception of 2015, which was not restated for the Revenue Recognition ASU. Additionally, the above prior year amounts have not been restated to include the impact of the Leases ASU in the first quarter of 2019. (a) (b) (c) (d) Recent declines in advertising were the result of foreign currency translation, implementation of efficiency and effectiveness programs including zero-based budgeting, the change in media landscape migrating investment to digital. Research and development cost declines are due primarily to shifting investment to food renovation. We use this non-GAAP financial measure, which is reconciled above, to focus management and investors on the amount of cash available for debt repayment, dividend distribution, acquisition opportunities, and share repurchase. Interest coverage ratio is calculated based on net income attributable to Kellogg Company before interest expense, income taxes, depreciation and amortization, divided by interest expense. 25

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