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10-Q Filing

EMERSON ELECTRIC CO CIK: 32604 Q1 2016
Filing Information
Form Type 10-Q
Accession Number 0000032604-16-000062
Period End Date 20151231
Filing Date 20160203
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance emr-20151231.xml
Filing Contents
Balance Sheet 69 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $122.00M USD Point-in-time
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $128.00M USD Point-in-time
Common stock, par value per share CommonStockParOrStatedValuePerShare $0.50 USD Point-in-time
Common stock, par value per share CommonStockParOrStatedValuePerShare $0.50 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.20B shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.20B shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 953.35M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 953.35M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 654.61M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 643.10M shares Point-in-time
Treasury stock, shares TreasuryStockShares 310.25M shares Point-in-time
Treasury stock, shares TreasuryStockShares 298.75M shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.12B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.11B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.15B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.05B USD Point-in-time
Receivables, less allowances of $122 and $128, respectively AccountsReceivableNetCurrent $4.32B USD Point-in-time
Receivables, less allowances of $122 and $128, respectively AccountsReceivableNetCurrent $3.84B USD Point-in-time
Inventories InventoryNet $1.85B USD Point-in-time
Inventories InventoryNet $1.90B USD Point-in-time
Other current assets OtherAssetsCurrent $829.00M USD Point-in-time
Other current assets OtherAssetsCurrent $840.00M USD Point-in-time
Total current assets AssetsCurrent $9.69B USD Point-in-time
Total current assets AssetsCurrent $10.05B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.58B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.52B USD Point-in-time
Goodwill Goodwill $6.60B USD Point-in-time
Goodwill Goodwill $6.65B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $1.47B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $1.53B USD Point-in-time
Other OtherAssetsNoncurrent $275.00M USD Point-in-time
Other OtherAssetsNoncurrent $270.00M USD Point-in-time
Total other assets AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment $8.34B USD Point-in-time
Total other assets AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment $8.45B USD Point-in-time
Total assets Assets $22.09B USD Point-in-time
Total assets Assets $21.55B USD Point-in-time
Short-term borrowings and current maturities of long-term debt DebtCurrent $3.41B USD Point-in-time
Short-term borrowings and current maturities of long-term debt DebtCurrent $2.55B USD Point-in-time
Accounts payable AccountsPayableCurrent $2.36B USD Point-in-time
Accounts payable AccountsPayableCurrent $2.08B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $2.62B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $2.80B USD Point-in-time
Income taxes TaxesPayableCurrent $102.00M USD Point-in-time
Income taxes TaxesPayableCurrent $86.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.80B USD Point-in-time
Total current liabilities LiabilitiesCurrent $8.20B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $4.04B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $4.29B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $1.81B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $1.87B USD Point-in-time
Common stock, $0.50 par value; authorized, 1,200,000,000 shares; issued, 953,354,012 shares; outstanding, 643,099,581 shares and 654,608,521 shares, respectively CommonStockValue $477.00M USD Point-in-time
Common stock, $0.50 par value; authorized, 1,200,000,000 shares; issued, 953,354,012 shares; outstanding, 643,099,581 shares and 654,608,521 shares, respectively CommonStockValue $477.00M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $178.00M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $170.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $21.35B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $21.31B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-875.00M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.74B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.62B USD Point-in-time
Cost of common stock in treasury, 310,254,431 shares and 298,745,491 shares, respectively TreasuryStockValue $12.26B USD Point-in-time
Cost of common stock in treasury, 310,254,431 shares and 298,745,491 shares, respectively TreasuryStockValue $12.81B USD Point-in-time
Common stockholders equity StockholdersEquity $8.08B USD Point-in-time
Common stockholders equity StockholdersEquity $7.46B USD Point-in-time
Noncontrolling interests in subsidiaries MinorityInterest $47.00M USD Point-in-time
Noncontrolling interests in subsidiaries MinorityInterest $41.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.13B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.50B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $21.55B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $22.09B USD Point-in-time
Income Statement 28 line items
Line Item Tag Value Unit Period
Interest income InvestmentIncomeInterest $8.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $7.00M USD 1 Quarter
Net sales SalesRevenueNet $5.59B USD 1 Quarter
Net sales SalesRevenueNet $4.71B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $3.31B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $2.82B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.41B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.23B USD 1 Quarter
Other deductions, net OtherDeductionsNet $64.00M USD 1 Quarter
Other deductions, net OtherDeductionsNet $114.00M USD 1 Quarter
Interest expense (net of interest income of $8 and $7, respectively) InterestIncomeExpenseNonoperatingNet $-46.00M USD 1 Quarter
Interest expense (net of interest income of $8 and $7, respectively) InterestIncomeExpenseNonoperatingNet $-46.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $503.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $765.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $236.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $151.00M USD 1 Quarter
Net earnings ProfitLoss $352.00M USD 1 Quarter
Net earnings ProfitLoss $529.00M USD 1 Quarter
Less: Noncontrolling interests in earnings of subsidiaries NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Less: Noncontrolling interests in earnings of subsidiaries NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Net earnings common stockholders NetIncomeLoss $525.00M USD 1 Quarter
Net earnings common stockholders NetIncomeLoss $349.00M USD 1 Quarter
Basic earnings per share common stockholders EarningsPerShareBasic $0.54 USD 1 Quarter
Basic earnings per share common stockholders EarningsPerShareBasic $0.76 USD 1 Quarter
Diluted earnings per share common stockholders EarningsPerShareDiluted $0.53 USD 1 Quarter
Diluted earnings per share common stockholders EarningsPerShareDiluted $0.75 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.47 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.47 USD 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $352.00M USD 1 Quarter
Net earnings ProfitLoss $529.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $202.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $207.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $192.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $145.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $27.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $78.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $487.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $571.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $207.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $145.00M USD 1 Quarter
Purchases of businesses, net of cash and equivalents acquired PaymentsToAcquireBusinessesNetOfCashAcquired $6.00M USD 1 Quarter
Purchases of businesses, net of cash and equivalents acquired PaymentsToAcquireBusinessesNetOfCashAcquired $143.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $12.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $26.00M USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-163.00M USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-376.00M USD 1 Quarter
Net increase (decrease) in short-term borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $34.00M USD 1 Quarter
Net increase (decrease) in short-term borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $-227.00M USD 1 Quarter
Proceeds from short-term borrowings greater than three months ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths $1.96B USD 1 Quarter
Proceeds from short-term borrowings greater than three months ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths $827.00M USD 1 Quarter
Payments of short-term borrowings greater than three months RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths - USD 1 Quarter
Payments of short-term borrowings greater than three months RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths $731.00M USD 1 Quarter
Payments of long-term debt RepaymentsOfLongTermDebt $251.00M USD 1 Quarter
Payments of long-term debt RepaymentsOfLongTermDebt $251.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $326.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $310.00M USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $509.00M USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $507.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-59.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-4.00M USD 1 Quarter
Net cash used by financing activities NetCashProvidedByUsedInFinancingActivities $-146.00M USD 1 Quarter
Net cash used by financing activities NetCashProvidedByUsedInFinancingActivities $-211.00M USD 1 Quarter
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-76.00M USD 1 Quarter
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-58.00M USD 1 Quarter
Increase (decrease) in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-27.00M USD 1 Quarter
Increase (decrease) in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $55.00M USD 1 Quarter
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.12B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.11B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.15B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.05B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.12B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.11B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.15B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.05B USD Point-in-time
Receivables IncreaseDecreaseInReceivables $-433.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-434.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $195.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $78.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $17.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $-4.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-270.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-277.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-248.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-261.00M USD 1 Quarter
Income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $14.00M USD 1 Quarter
Income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $124.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $192.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $145.00M USD 1 Quarter
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $352.00M USD 1 Quarter
Net earnings ProfitLoss $529.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-305.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-153.00M USD 1 Quarter
Pension and postretirement OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansAdjustmentIncludingDivestituresNetofTax $-28.00M USD 1 Quarter
Pension and postretirement OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansAdjustmentIncludingDivestituresNetofTax $-26.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $6.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-24.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-121.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-301.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $231.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $228.00M USD 1 Quarter
Less: Noncontrolling interests in comprehensive income of subsidiaries ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Less: Noncontrolling interests in comprehensive income of subsidiaries ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Comprehensive income common stockholders ComprehensiveIncomeNetOfTax $225.00M USD 1 Quarter
Comprehensive income common stockholders ComprehensiveIncomeNetOfTax $228.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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