Stock Analysis on Net
Stock Analysis on Net

Allergan PLC (NYSE:AGN)

This company has been moved to the archive! The financial data has not been updated since May 7, 2020.

Balance Sheet: Assets 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Allergan PLC, consolidated balance sheet: assets (quarterly data)

US$ in thousands

Microsoft Excel
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Cash and cash equivalents 999,500 2,503,300 1,237,500 1,651,400 788,500 880,400 1,187,900 1,674,700 994,800 1,817,200 1,612,700 886,900 1,092,900 1,724,000 7,554,700 489,500 2,260,800 1,096,000 2,063,900 1,517,900 2,114,900
Marketable securities 1,618,800 3,411,600 3,318,400 322,300 995,200 1,026,900 22,000 21,500 1,037,400 4,632,100 3,829,100 4,939,000 7,858,200 11,501,500 19,837,600 17,100 13,000 9,300 7,000 8,500 16,000
Accounts receivable, net of allowances for doubtful accounts and credit losses 2,800,600 3,192,300 3,012,300 3,086,300 2,731,200 2,868,100 2,826,900 2,760,800 2,639,200 2,899,000 2,808,600 2,795,900 2,542,000 2,531,000 2,398,500 2,490,500 2,652,800 2,401,600 2,143,200 4,420,100 3,992,800
Inventories 1,199,900 1,133,100 1,083,100 1,004,500 943,200 846,900 894,600 922,500 948,400 904,500 899,800 935,900 904,700 718,000 705,500 726,800 1,022,200 1,009,700 1,285,400 2,786,000 3,125,100
Current assets held for sale — — — — 45,700 34,000 7,300 — — — — — — — 455,900 4,244,000 3,508,400 3,540,300 3,802,100 38,000 143,500
Prepaid expenses and other current assets 855,300 886,400 942,300 2,508,300 785,500 819,100 801,500 724,200 773,500 1,123,900 962,600 875,500 1,302,900 1,383,400 771,700 787,300 634,300 558,500 748,600 1,004,800 1,024,100
Deferred tax assets — — — — — — — — — — — — — — — — — — 6,608,500 711,600 600,800
Current assets 7,474,100 11,126,700 9,593,600 8,572,800 6,289,300 6,475,400 5,740,200 6,103,700 6,393,300 11,376,700 10,112,800 10,433,200 13,700,700 17,857,900 31,723,900 8,755,200 10,091,500 8,615,400 16,658,700 10,486,900 11,017,200
Property, plant and equipment, net 1,915,400 1,926,500 1,857,000 1,821,000 1,781,100 1,787,000 1,756,600 1,761,400 1,769,500 1,785,400 1,802,200 1,750,100 1,659,300 1,611,300 1,566,300 1,557,200 1,602,400 1,573,900 1,569,900 2,859,000 2,797,900
Right of use asset, operating leases 481,000 490,400 478,200 457,900 455,400 — — — — — — — — — — — — — — — —
Investments and other assets 430,700 408,000 367,900 335,200 1,979,500 1,970,600 302,800 297,900 267,100 267,900 269,900 290,200 283,200 282,100 341,100 352,600 405,500 577,400 498,300 530,300 518,300
Non current assets held for sale 31,700 31,700 32,500 32,500 897,200 882,200 169,700 180,400 71,800 81,600 11,100 11,100 27,000 27,000 207,200 10,798,000 10,636,800 10,541,300 10,573,700 — —
Deferred tax assets 597,900 576,900 487,400 689,100 1,032,600 1,063,700 989,400 899,900 893,600 319,100 327,000 288,300 255,400 233,300 120,700 179,500 77,700 49,500 67,200 113,600 99,800
Product rights and other intangibles 36,266,200 37,890,600 39,526,800 41,231,500 42,264,600 43,695,400 48,127,400 49,928,300 52,566,500 54,648,300 56,698,900 62,369,700 62,994,200 62,618,600 63,022,700 64,460,800 66,535,800 67,931,700 67,133,400 72,825,000 74,201,100
Goodwill 41,229,200 42,248,300 42,065,500 42,340,700 43,336,600 45,913,300 49,456,400 49,687,200 50,059,500 49,862,900 49,770,900 49,592,200 47,917,100 46,356,100 46,625,800 46,515,800 46,724,000 46,551,500 46,315,100 51,596,300 50,826,400
Non current assets 80,952,100 83,572,400 84,815,300 86,907,900 91,747,000 95,312,200 100,802,300 102,755,100 105,628,000 106,965,200 108,880,000 114,301,600 113,136,200 111,128,400 111,883,800 123,863,900 125,982,200 127,225,300 126,157,600 127,924,200 128,443,500
Total assets 88,426,200 94,699,100 94,408,900 95,480,700 98,036,300 101,787,600 106,542,500 108,858,800 112,021,300 118,341,900 118,992,800 124,734,800 126,836,900 128,986,300 143,607,700 132,619,100 136,073,700 135,840,700 142,816,300 138,411,100 139,460,700

Based on: 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

Cash and cash equivalents
The cash and cash equivalents balance exhibits significant volatility across the periods. It peaked notably at the end of September 2016 at approximately 7.55 billion US dollars, followed by a sharp decline in subsequent quarters. After fluctuating, it reached a low of around 788.5 million US dollars in March 2019 before experiencing an increase to about 2.5 billion US dollars by December 2019, then falling back to just under 1 billion by March 2020.
Marketable securities
This item demonstrates a substantial spike in the second quarter of 2016, with a peak of nearly 19.8 billion US dollars, after which it declines sharply and fluctuates around lower levels. By the end of the observed period, the value remains lower than earlier peak levels but shows some variability quarter to quarter.
Accounts receivable, net
Accounts receivable presents a degree of fluctuation but remains within a relatively stable range from around 2.4 billion to 3.2 billion US dollars. A slight upward trend can be observed towards the end of the period, reaching approximately 3.19 billion in the fourth quarter of 2019 before a decrease to 2.8 billion in the first quarter of 2020.
Inventories
Inventory values decrease significantly from early 2015 to late 2016, dropping from over 3.1 billion to around 700 million US dollars. Following this, inventories show a steady increase, reaching nearly 1.2 billion US dollars by March 2020, indicating a recovery or build-up of stock.
Current assets held for sale
This category shows some large values in 2015 and 2016, with peaks exceeding 4 billion US dollars, followed by missing data in many quarters thereafter. Toward the end of the period, smaller amounts below 50 million US dollars are reported, indicating a reduction or completion of asset disposals.
Prepaid expenses and other current assets
Prepaid expenses and other current assets show fluctuations around the 700 million to 1.3 billion US dollars range, with a notable peak in June 2019 at over 2.5 billion US dollars, followed by a return to lower values. This pattern suggests irregular timing or recognition of such expenses within certain quarters.
Deferred tax assets (current)
Current deferred tax assets display values in early 2015 but are largely absent in subsequent quarters, indicating possible reclassification or realization.
Current assets
Current assets overall peak at 31.7 billion US dollars in September 2016, driven largely by the marked increase in marketable securities and current assets held for sale. Post this peak, there is a decline followed by stabilization around 6 to 11 billion US dollars towards the end of the period.
Property, plant and equipment, net
There is a slight upward trend in the net value of property, plant, and equipment, increasing from approximately 2.8 billion US dollars at the start to nearly 1.9 billion US dollars, showing modest growth and investment over time. The data reflects stability without significant fluctuation.
Right of use asset, operating leases
This asset category appears only in the last periods from March 2019 onward, starting around 455 million US dollars and growing gradually to 490 million, reflecting the adoption and capitalization of lease liabilities under new accounting standards.
Investments and other assets
The values remain mostly steady around 250 to 300 million US dollars for most periods until a substantial increase to about 1.97 billion US dollars in late 2018, then dropping and fluctuating again around 300 to 400 million by early 2020. This suggests intermittent large asset recognition or reclassification events.
Non current assets held for sale
These assets show very high values, over 10 billion US dollars, around 2015 and early 2016 but drastically decline afterward to tens or hundreds of millions, indicating major disposals. From mid-2017 to early 2020 the values remain low and stable, consistent with completion of sales or reclassification.
Deferred tax assets (non-current)
Non-current deferred tax assets fluctuate, peaking at over 1 million US dollars in early 2018 and then declining significantly by the end of the period, indicating varying tax attribute valuations or changes in deferred tax calculations.
Product rights and other intangibles
This category shows a clear decreasing trend over the entire period, falling from about 74.2 billion US dollars in early 2015 to approximately 36.3 billion US dollars by March 2020. This sustained decline may be due to amortization, impairment, or asset sales.
Goodwill
Goodwill remains relatively stable with minor fluctuations, starting around 50.8 billion US dollars in early 2015 and gradually declining to about 41.2 billion by March 2020. This downward trend likely reflects annual impairment assessments or disposals.
Non current assets
Non-current assets decrease steadily from around 128.4 billion US dollars in early 2015 to about 80.9 billion US dollars by the end of the observed period, indicating asset disposals, amortizations, or impairments across various categories.
Total assets
Total assets fluctuate, reaching a peak of approximately 143.6 billion US dollars in September 2016, largely influenced by spikes in current assets held for sale and marketable securities. Following this peak, total assets decline steadily to about 88.4 billion US dollars by March 2020, reflecting overall reduction in asset base.

Assets: Selected Items

Current Assets: Selected Items