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10-Q Filing

EMERSON ELECTRIC CO CIK: 32604 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0000032604-20-000007
Period End Date 20191231
Filing Date 20200205
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance emr-12312019x10q_htm.xml
Balance Sheet 69 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $115.00M USD Point-in-time
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $112.00M 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
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.64B 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
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.49B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.09B USD 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
Receivables, less allowances of $115 and $112, respectively AccountsReceivableNetCurrent $2.73B USD Point-in-time
Receivables, less allowances of $115 and $112, respectively AccountsReceivableNetCurrent $2.98B USD Point-in-time
Inventories InventoryNet $2.06B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 611.00M shares Point-in-time
Inventories InventoryNet $1.88B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 611.60M shares Point-in-time
Treasury stock, shares TreasuryStockShares 342.40M shares Point-in-time
Other current assets OtherAssetsCurrent $771.00M USD Point-in-time
Other current assets OtherAssetsCurrent $780.00M USD Point-in-time
Treasury stock, shares TreasuryStockShares 341.80M shares Point-in-time
Total current assets AssetsCurrent $7.20B USD Point-in-time
Total current assets AssetsCurrent $7.14B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.63B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.64B USD Point-in-time
Goodwill Goodwill $6.54B USD Point-in-time
Goodwill Goodwill $6.58B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $2.57B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $2.62B USD Point-in-time
Other OtherAssetsNoncurrent $1.13B USD Point-in-time
Other OtherAssetsNoncurrent $565.00M USD Point-in-time
Total other assets AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment $10.27B USD Point-in-time
Total other assets AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment $9.72B USD Point-in-time
Total assets Assets $20.50B USD Point-in-time
Total assets Assets $21.10B USD Point-in-time
Short-term borrowings and current maturities of long-term debt DebtCurrent $1.44B USD Point-in-time
Short-term borrowings and current maturities of long-term debt DebtCurrent $1.98B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.65B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.87B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $2.66B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $2.71B USD Point-in-time
Total current liabilities LiabilitiesCurrent $6.34B USD Point-in-time
Total current liabilities LiabilitiesCurrent $5.98B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $4.28B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $4.02B USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $2.28B 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, 611.6 shares and 611.0 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, 611.6 shares and 611.0 shares, respectively CommonStockValue $477.00M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $447.00M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $393.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $24.22B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $24.20B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.58B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.72B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.05B USD Point-in-time
Cost of common stock in treasury, 341.8 shares and 342.4 shares, respectively TreasuryStockValue $15.11B USD Point-in-time
Cost of common stock in treasury, 341.8 shares and 342.4 shares, respectively TreasuryStockValue $15.15B USD Point-in-time
Common stockholders equity StockholdersEquity $8.23B USD Point-in-time
Common stockholders equity StockholdersEquity $8.24B USD Point-in-time
Common stockholders equity StockholdersEquity $8.42B USD Point-in-time
Noncontrolling interests in subsidiaries MinorityInterest $40.00M USD Point-in-time
Noncontrolling interests in subsidiaries MinorityInterest $38.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.27B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.28B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.46B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $21.10B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $20.50B 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 $6.00M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $4.15B USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $4.15B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $2.39B 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 $1.12B USD 1 Quarter
Other deductions, net OtherDeductionsNet $50.00M USD 1 Quarter
Other deductions, net OtherDeductionsNet $178.00M USD 1 Quarter
Interest expense (net of interest income of $6 and $5 respectively) InterestIncomeExpenseNonoperatingNet $-43.00M USD 1 Quarter
Interest expense (net of interest income of $6 and $5 respectively) InterestIncomeExpenseNonoperatingNet $-35.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $591.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $423.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $94.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $124.00M USD 1 Quarter
Net earnings ProfitLoss $467.00M USD 1 Quarter
Net earnings ProfitLoss $329.00M USD 1 Quarter
Less: Noncontrolling interests in earnings of subsidiaries NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Less: Noncontrolling interests in earnings of subsidiaries NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Net earnings common stockholders NetIncomeLoss $326.00M USD 1 Quarter
Net earnings common stockholders NetIncomeLoss $465.00M USD 1 Quarter
Basic earnings per share common stockholders EarningsPerShareBasic $0.74 USD 1 Quarter
Basic earnings per share common stockholders EarningsPerShareBasic $0.53 USD 1 Quarter
Diluted earnings per share common stockholders EarningsPerShareDiluted $0.53 USD 1 Quarter
Diluted earnings per share common stockholders EarningsPerShareDiluted $0.74 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.49 USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.50 USD 1 Quarter
Cash Flow Statement 59 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $467.00M USD 1 Quarter
Net earnings ProfitLoss $329.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $211.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $202.00M USD 1 Quarter
Stock compensation ShareBasedCompensation $56.00M USD 1 Quarter
Stock compensation ShareBasedCompensation $-7.00M USD 1 Quarter
Pension expense DefinedBenefitPlanNetPeriodicBenefitCost - USD 1 Quarter
Pension expense DefinedBenefitPlanNetPeriodicBenefitCost $17.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $310.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $180.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-9.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-29.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $424.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $323.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $114.00M 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 - USD 1 Quarter
Purchases of businesses, net of cash and equivalents acquired PaymentsToAcquireBusinessesNetOfCashAcquired $469.00M USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $31.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $17.00M USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-259.00M USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-131.00M USD 1 Quarter
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $1.60B USD 1 Quarter
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $754.00M USD 1 Quarter
Payments of long-term debt RepaymentsOfLongTermDebt $403.00M USD 1 Quarter
Payments of long-term debt RepaymentsOfLongTermDebt $502.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $305.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $305.00M USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $786.00M USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $129.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-9.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $20.00M USD 1 Quarter
Cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $98.00M USD 1 Quarter
Cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-162.00M USD 1 Quarter
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $10.00M USD 1 Quarter
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-7.00M USD 1 Quarter
Increase in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $141.00M USD 1 Quarter
Increase in cash and equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $155.00M USD 1 Quarter
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.64B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.49B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.09B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.25B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.64B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.49B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.09B USD Point-in-time
Receivables IncreaseDecreaseInReceivables $-281.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-292.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $170.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $167.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $9.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $-32.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-247.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-225.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-101.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-176.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $310.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $180.00M USD 1 Quarter
Stockholders Equity 17 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.27B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.28B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.46B USD Point-in-time
Net earnings common stockholders NetIncomeLoss $326.00M USD 1 Quarter
Net earnings common stockholders NetIncomeLoss $465.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $99.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-35.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $19.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-15.00M USD 1 Quarter
Common stockholders' equity StockholdersEquity $8.23B USD Point-in-time
Common stockholders' equity StockholdersEquity $8.24B USD Point-in-time
Common stockholders' equity StockholdersEquity $8.42B USD Point-in-time
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $146.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-37.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.27B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.28B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.46B USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $467.00M USD 1 Quarter
Net earnings ProfitLoss $329.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $99.00M 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 $-28.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $19.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-15.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $146.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-37.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $430.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $475.00M 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 $3.00M USD 1 Quarter
Comprehensive income common stockholders ComprehensiveIncomeNetOfTax $428.00M USD 1 Quarter
Comprehensive income common stockholders ComprehensiveIncomeNetOfTax $472.00M USD 1 Quarter

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

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