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10-Q Filing

EMERSON ELECTRIC CO CIK: 32604 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0000032604-19-000007
Period End Date 20181231
Filing Date 20190206
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance emr-20181231.xml
Filing Contents
Balance Sheet 71 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $105.00M USD Point-in-time
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $113.00M 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 953.40M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 953.40M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 615.80M shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.06B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.09B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.10B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 629.20M shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Receivables, less allowances of $105 and $113, respectively AccountsReceivableNetCurrent $2.73B USD Point-in-time
Treasury stock, shares TreasuryStockShares 324.20M shares Point-in-time
Treasury stock, shares TreasuryStockShares 337.50M shares Point-in-time
Receivables, less allowances of $105 and $113, respectively AccountsReceivableNetCurrent $3.02B USD Point-in-time
Inventories InventoryNet $1.98B USD Point-in-time
Inventories InventoryNet $1.81B USD Point-in-time
Other current assets OtherAssetsCurrent $690.00M USD Point-in-time
Other current assets OtherAssetsCurrent $697.00M USD Point-in-time
Total current assets AssetsCurrent $6.62B USD Point-in-time
Total current assets AssetsCurrent $6.66B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.56B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.55B USD Point-in-time
Goodwill Goodwill $6.47B USD Point-in-time
Goodwill Goodwill $6.46B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $2.75B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $2.71B USD Point-in-time
Other OtherAssetsNoncurrent $1.00B USD Point-in-time
Other OtherAssetsNoncurrent $1.04B USD Point-in-time
Total other assets AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment $10.21B USD Point-in-time
Total other assets AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment $10.22B USD Point-in-time
Total assets Assets $20.43B USD Point-in-time
Total assets Assets $20.39B USD Point-in-time
Short-term borrowings and current maturities of long-term debt DebtCurrent $1.62B USD Point-in-time
Short-term borrowings and current maturities of long-term debt DebtCurrent $3.32B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.79B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.94B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $2.29B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $2.53B USD Point-in-time
Income taxes TaxesPayableCurrent $138.00M USD Point-in-time
Income taxes TaxesPayableCurrent $64.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.54B USD Point-in-time
Total current liabilities LiabilitiesCurrent $6.16B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.14B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $2.64B USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $2.10B USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $1.97B USD Point-in-time
Common stock, $0.50 par value; authorized, 1,200.0 shares; issued, 953.4 shares; outstanding, 615.8 shares and 629.2 shares, respectively CommonStockValue $477.00M USD Point-in-time
Common stock, $0.50 par value; authorized, 1,200.0 shares; issued, 953.4 shares; outstanding, 615.8 shares and 629.2 shares, respectively CommonStockValue $477.00M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $348.00M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $375.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $23.07B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $23.25B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-992.00M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.01B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.05B USD Point-in-time
Cost of common stock in treasury, 337.5 shares and 324.2 shares, respectively TreasuryStockValue $13.94B USD Point-in-time
Cost of common stock in treasury, 337.5 shares and 324.2 shares, respectively TreasuryStockValue $14.82B USD Point-in-time
Common stockholders equity StockholdersEquity $8.24B USD Point-in-time
Common stockholders equity StockholdersEquity $8.35B USD Point-in-time
Common stockholders equity StockholdersEquity $8.95B USD Point-in-time
Noncontrolling interests in subsidiaries MinorityInterest $43.00M USD Point-in-time
Noncontrolling interests in subsidiaries MinorityInterest $40.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.28B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.99B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $20.43B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $20.39B USD Point-in-time
Income Statement 28 line items
Line Item Tag Value Unit Period
Interest income InvestmentIncomeInterest $5.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $11.00M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $3.82B USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $4.15B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $2.20B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $2.39B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.08B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $995.00M USD 1 Quarter
Other deductions, net OtherDeductionsNet $78.00M USD 1 Quarter
Other deductions, net OtherDeductionsNet $50.00M USD 1 Quarter
Interest expense (net of interest income of $5 and $11, respectively) InterestIncomeExpenseNonoperatingNet $-43.00M USD 1 Quarter
Interest expense (net of interest income of $5 and $11, respectively) InterestIncomeExpenseNonoperatingNet $-38.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $503.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $591.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $109.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $124.00M USD 1 Quarter
Net earnings ProfitLoss $467.00M USD 1 Quarter
Net earnings ProfitLoss $394.00M USD 1 Quarter
Less: Noncontrolling interests in earnings of subsidiaries NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Less: Noncontrolling interests in earnings of subsidiaries NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Net earnings common stockholders NetIncomeLoss $392.00M USD 1 Quarter
Net earnings common stockholders NetIncomeLoss $465.00M USD 1 Quarter
Basic earnings per share common stockholders EarningsPerShareBasic $0.61 USD 1 Quarter
Basic earnings per share common stockholders EarningsPerShareBasic $0.74 USD 1 Quarter
Diluted earnings per share common stockholders EarningsPerShareDiluted $0.61 USD 1 Quarter
Diluted earnings per share common stockholders EarningsPerShareDiluted $0.74 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.48 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.49 USD 1 Quarter
Cash Flow Statement 58 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $467.00M USD 1 Quarter
Net earnings ProfitLoss $394.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $187.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $202.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $310.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $160.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-36.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $26.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $447.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $323.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $96.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $155.00M USD 1 Quarter
Purchases of businesses, net of cash and equivalents acquired PaymentsToAcquireBusinessesNetOfCashAcquired $73.00M USD 1 Quarter
Purchases of businesses, net of cash and equivalents acquired PaymentsToAcquireBusinessesNetOfCashAcquired $513.00M USD 1 Quarter
Divestitures of businesses ProceedsFromDivestitureOfBusinesses $235.00M USD 1 Quarter
Divestitures of businesses ProceedsFromDivestitureOfBusinesses - USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $18.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $31.00M USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-259.00M USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-392.00M USD 1 Quarter
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $1.60B USD 1 Quarter
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $1.06B USD 1 Quarter
Payments of long-term debt RepaymentsOfLongTermDebt $251.00M USD 1 Quarter
Payments of long-term debt RepaymentsOfLongTermDebt $403.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $305.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $311.00M USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $786.00M USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $500.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-30.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-9.00M USD 1 Quarter
Cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $98.00M USD 1 Quarter
Cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-31.00M USD 1 Quarter
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-7.00M USD 1 Quarter
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $10.00M USD 1 Quarter
Increase in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $34.00M USD 1 Quarter
Increase in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $155.00M USD 1 Quarter
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.06B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.09B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.10B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.06B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.09B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.10B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Receivables IncreaseDecreaseInReceivables $-292.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-188.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $149.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $170.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $9.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $-14.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-247.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-129.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-166.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-246.00M USD 1 Quarter
Income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $70.00M USD 1 Quarter
Income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $82.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $310.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $160.00M USD 1 Quarter
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $467.00M USD 1 Quarter
Net earnings ProfitLoss $394.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $7.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-35.00M USD 1 Quarter
Pension and postretirement OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansAdjustmentIncludingDivestituresNetofTax $-13.00M USD 1 Quarter
Pension and postretirement OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansAdjustmentIncludingDivestituresNetofTax $-23.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-3.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-15.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-37.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $27.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $421.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $430.00M USD 1 Quarter
Less: Noncontrolling interests in comprehensive income of subsidiaries ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Less: Noncontrolling interests in comprehensive income of subsidiaries ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Comprehensive income common stockholders ComprehensiveIncomeNetOfTax $428.00M USD 1 Quarter
Comprehensive income common stockholders ComprehensiveIncomeNetOfTax $419.00M USD 1 Quarter

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

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