SEC Filings

10-Q
AECOM filed this Form 10-Q on 02/06/2019
Entire Document
 

Table of Contents

 

PART I.  FINANCIAL INFORMATION

 

Item 1.  Financial Statements

 

AECOM

Consolidated Balance Sheets

(in thousands, except share data)

 

 

 

December 31,
2018

 

September 30,
2018

 

ASSETS

 

 

 

 

 

CURRENT ASSETS:

 

 

 

 

 

Cash and cash equivalents

 

$

640,572

 

$

642,168

 

Cash in consolidated joint ventures

 

197,730

 

244,565

 

Total cash and cash equivalents

 

838,302

 

886,733

 

Accounts receivable—net

 

3,282,128

 

3,307,851

 

Contract assets

 

2,263,494

 

2,160,970

 

Prepaid expenses and other current assets

 

681,449

 

585,152

 

Current assets held for sale

 

58,700

 

59,800

 

Income taxes receivable

 

125,661

 

126,816

 

TOTAL CURRENT ASSETS

 

7,249,734

 

7,127,322

 

PROPERTY AND EQUIPMENT—NET

 

601,005

 

614,062

 

DEFERRED TAX ASSETS—NET

 

167,886

 

159,396

 

INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES

 

341,009

 

310,661

 

GOODWILL

 

5,893,534

 

5,921,116

 

INTANGIBLE ASSETS—NET

 

296,711

 

319,892

 

OTHER NON-CURRENT ASSETS

 

217,771

 

228,682

 

TOTAL ASSETS

 

$

14,767,650

 

$

14,681,131

 

 

 

 

 

 

 

LIABILITIES AND STOCKHOLDERS’ EQUITY

 

 

 

 

 

CURRENT LIABILITIES:

 

 

 

 

 

Short-term debt

 

$

46,134

 

$

8,353

 

Accounts payable

 

2,624,561

 

2,726,047

 

Accrued expenses and other current liabilities

 

2,180,806

 

2,267,046

 

Income taxes payable

 

48,129

 

39,802

 

Contract liabilities

 

1,008,202

 

931,431

 

Current liabilities held for sale

 

18,400

 

22,300

 

Current portion of long-term debt

 

114,665

 

134,698

 

TOTAL CURRENT LIABILITIES

 

6,040,897

 

6,129,677

 

OTHER LONG-TERM LIABILITIES

 

318,941

 

329,457

 

DEFERRED TAX LIABILITY—NET

 

4,433

 

47,273

 

PENSION BENEFIT OBLIGATIONS

 

393,459

 

412,604

 

LONG-TERM DEBT

 

3,759,491

 

3,483,746

 

TOTAL LIABILITIES

 

10,517,221

 

10,402,757

 

 

 

 

 

 

 

COMMITMENTS AND CONTINGENCIES (Note 14)

 

 

 

 

 

 

 

 

 

 

 

AECOM STOCKHOLDERS’ EQUITY:

 

 

 

 

 

Common stock—authorized, 300,000,000 shares of $0.01 par value as of December 31 and September 30, 2018; issued and outstanding 156,967,362 and 156,983,356 shares as of December 31 and September 30, 2018, respectively

 

1,570

 

1,570

 

Additional paid-in capital

 

3,845,145

 

3,846,392

 

Accumulated other comprehensive loss

 

(726,145

)

(703,330

)

Retained earnings

 

957,230

 

948,148

 

TOTAL AECOM STOCKHOLDERS’ EQUITY

 

4,077,800

 

4,092,780

 

Noncontrolling interests

 

172,629

 

185,594

 

TOTAL STOCKHOLDERS’ EQUITY

 

4,250,429

 

4,278,374

 

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

 

$

14,767,650

 

$

14,681,131

 

 

See accompanying Notes to Consolidated Financial Statements.

 

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