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10-Q Filing

EMERSON ELECTRIC CO CIK: 32604 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0000032604-21-000004
Period End Date 20201231
Filing Date 20210203
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance emr-20201231_htm.xml
Balance Sheet 69 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $138.00M USD Point-in-time
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $140.00M 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 $1.64B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.20B shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $2.20B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.31B USD Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.49B USD 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
Receivables, less allowances of $140 and $138, respectively AccountsReceivableNetCurrent $2.65B USD Point-in-time
Receivables, less allowances of $140 and $138, respectively AccountsReceivableNetCurrent $2.80B USD Point-in-time
Inventories InventoryNet $2.01B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 598.00M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 599.80M shares Point-in-time
Inventories InventoryNet $1.93B USD Point-in-time
Other current assets OtherAssetsCurrent $761.00M USD Point-in-time
Treasury stock, shares TreasuryStockShares 353.60M shares Point-in-time
Other current assets OtherAssetsCurrent $819.00M USD Point-in-time
Treasury stock, shares TreasuryStockShares 355.40M shares Point-in-time
Total current assets AssetsCurrent $8.81B USD Point-in-time
Total current assets AssetsCurrent $7.68B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.69B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.69B USD Point-in-time
Goodwill Goodwill $7.83B USD Point-in-time
Goodwill Goodwill $6.73B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $3.20B USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $2.47B USD Point-in-time
Other OtherAssetsNoncurrent $1.19B USD Point-in-time
Other OtherAssetsNoncurrent $1.28B USD Point-in-time
Total other assets AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment $10.39B USD Point-in-time
Total other assets AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment $12.30B USD Point-in-time
Total assets Assets $22.88B USD Point-in-time
Total assets Assets $23.68B USD Point-in-time
Short-term borrowings and current maturities of long-term debt DebtCurrent $1.16B USD Point-in-time
Short-term borrowings and current maturities of long-term debt DebtCurrent $1.72B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.69B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.72B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $2.91B USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $2.96B USD Point-in-time
Total current liabilities LiabilitiesCurrent $6.38B USD Point-in-time
Total current liabilities LiabilitiesCurrent $5.79B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $5.89B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $6.33B USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $2.32B USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $2.47B USD Point-in-time
Common stock, $0.50 par value; authorized, 1,200.0 shares; issued, 953.4 shares; outstanding, 599.8 shares and 598.0 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, 599.8 shares and 598.0 shares, respectively CommonStockValue $477.00M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $499.00M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $470.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $24.95B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $25.10B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.58B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.33B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.58B USD Point-in-time
Cost of common stock in treasury, 353.6 shares and 355.4 shares, respectively TreasuryStockValue $15.85B USD Point-in-time
Cost of common stock in treasury, 353.6 shares and 355.4 shares, respectively TreasuryStockValue $15.92B USD Point-in-time
Common stockholders equity StockholdersEquity $8.89B USD Point-in-time
Common stockholders equity StockholdersEquity $8.42B USD Point-in-time
Common stockholders equity StockholdersEquity $8.40B USD Point-in-time
Noncontrolling interests in subsidiaries MinorityInterest $42.00M USD Point-in-time
Noncontrolling interests in subsidiaries MinorityInterest $44.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.94B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.45B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.46B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.68B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $22.88B USD Point-in-time
Income Statement 26 line items
Line Item Tag Value Unit Period
Interest income InvestmentIncomeInterest $2.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $6.00M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $4.15B USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $4.16B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $2.44B USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $2.39B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.12B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $998.00M USD 1 Quarter
Other deductions, net OtherDeductionsNet $122.00M USD 1 Quarter
Other deductions, net OtherDeductionsNet $178.00M USD 1 Quarter
Interest expense (net of interest income of $2 and $6, respectively) InterestIncomeExpenseNonoperatingNet $-40.00M USD 1 Quarter
Interest expense (net of interest income of $2 and $6, respectively) InterestIncomeExpenseNonoperatingNet $-35.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $423.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $563.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $94.00M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $111.00M USD 1 Quarter
Net earnings ProfitLoss $452.00M USD 1 Quarter
Net earnings ProfitLoss $329.00M USD 1 Quarter
Less: Noncontrolling interests in earnings of subsidiaries NetIncomeLossAttributableToNoncontrollingInterest $7.00M USD 1 Quarter
Less: Noncontrolling interests in earnings of subsidiaries NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Net earnings common stockholders NetIncomeLoss $445.00M USD 1 Quarter
Net earnings common stockholders NetIncomeLoss $326.00M 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 Flow Statement 59 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $452.00M USD 1 Quarter
Net earnings ProfitLoss $329.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $211.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $244.00M USD 1 Quarter
Stock compensation ShareBasedCompensation $64.00M USD 1 Quarter
Stock compensation ShareBasedCompensation $56.00M USD 1 Quarter
Pension expense PensionExpenseReversalOfExpenseNoncash $8.00M USD 1 Quarter
Pension expense PensionExpenseReversalOfExpenseNoncash $17.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $-180.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $71.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-9.00M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-31.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $808.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $424.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $114.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $122.00M 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 $1.61B USD 1 Quarter
Purchases of businesses, net of cash and equivalents acquired PaymentsToAcquireBusinessesNetOfCashAcquired $126.00M USD Annual
Other, net PaymentsForProceedsFromOtherInvestingActivities $17.00M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-13.00M USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-131.00M USD 1 Quarter
Cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.72B USD 1 Quarter
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $754.00M USD 1 Quarter
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $340.00M USD 1 Quarter
Payments of long-term debt RepaymentsOfLongTermDebt $502.00M USD 1 Quarter
Payments of long-term debt RepaymentsOfLongTermDebt $301.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $305.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $303.00M USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $13.00M USD 1 Quarter
Purchases of common stock PaymentsForRepurchaseOfCommonStock $129.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $20.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $42.00M USD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-162.00M USD 1 Quarter
Cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-235.00M USD 1 Quarter
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $10.00M USD 1 Quarter
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $29.00M USD 1 Quarter
Increase (Decrease) in cash and equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.12B USD 1 Quarter
Increase (Decrease) in cash and equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $141.00M USD 1 Quarter
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.64B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $2.20B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.31B USD Point-in-time
Beginning cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.49B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.64B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $2.20B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $3.31B USD Point-in-time
Ending cash and equivalents CashAndCashEquivalentsAtCarryingValue $1.49B USD Point-in-time
Receivables IncreaseDecreaseInReceivables $281.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $232.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-167.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-37.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $32.00M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $18.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-225.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-37.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-105.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-101.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $-180.00M USD 1 Quarter
Changes in operating working capital IncreaseDecreaseInOperatingCapital $71.00M USD 1 Quarter
Stockholders Equity 19 line items
Line Item Tag Value Unit Period
Dividends paid (per share: $0.505 and $0.50, respectively) CommonStockDividendsPerShareCashPaid $0.51 USD 1 Quarter
Dividends paid (per share: $0.505 and $0.50, respectively) CommonStockDividendsPerShareCashPaid $0.50 USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.94B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.45B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.46B USD Point-in-time
Net earnings common stockholders NetIncomeLoss $445.00M USD 1 Quarter
Net earnings common stockholders NetIncomeLoss $326.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $99.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $189.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $31.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $19.00M USD 1 Quarter
Common stockholders' equity StockholdersEquity $8.89B USD Point-in-time
Common stockholders' equity StockholdersEquity $8.42B USD Point-in-time
Common stockholders' equity StockholdersEquity $8.40B USD Point-in-time
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $247.00M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $146.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.94B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.45B 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 $452.00M USD 1 Quarter
Net earnings ProfitLoss $329.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $99.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $189.00M USD 1 Quarter
Pension and postretirement OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansAdjustmentIncludingDivestituresNetofTax $-27.00M USD 1 Quarter
Pension and postretirement OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansAdjustmentIncludingDivestituresNetofTax $-28.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $31.00M USD 1 Quarter
Cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $19.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $247.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $146.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $699.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $475.00M 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 $7.00M USD 1 Quarter
Comprehensive income common stockholders ComprehensiveIncomeNetOfTax $692.00M 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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