Emerson Electric Co. (EMR)

Statement of Financial Position, Assets
Quarterly Data

Difficulty: Beginner

The statement of financial position provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s 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.

Emerson Electric Co., Consolidated Statement of Financial Position, Assets (quarterly data)

USD $ in millions

		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		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014		Dec 31, 2013		Sep 30, 2013		Jun 30, 2013		Mar 31, 2013		Dec 31, 2012
	Cash and equivalents
	Receivables, less allowances
	Inventories
	Other current assets
	Current assets
	Property, plant and equipment, net
	Goodwill
	Other intangible assets
	Other
	Other assets
	Noncurrent assets
	Total assets

Assets, Selected Items

Item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Emerson Electric Co.’s current assets increased from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.
Property, plant and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Emerson Electric Co.’s property, plant and equipment, net declined from Q4 2018 to Q1 2019 but then increased from Q1 2019 to Q2 2019 exceeding Q4 2018 level.
Noncurrent assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Emerson Electric Co.’s total assets increased from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.

Current Assets, Selected Items

Item	Description	The company
Cash and equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	Emerson Electric Co.’s cash and equivalents increased from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.
Receivables, less allowances	Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.	Emerson Electric Co.’s receivables, less allowances declined from Q4 2018 to Q1 2019 but then slightly increased from Q1 2019 to Q2 2019.
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Emerson Electric Co.’s inventories increased from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.

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Emerson Electric Co. (EMR)

Statement of Financial Position, AssetsQuarterly Data

Assets, Selected Items

Current Assets, Selected Items

Statement of Financial Position, Assets
Quarterly Data