Time Inc. company info

CIK 1591517
IRS Number 133486363
State of incorporation DE
Business address 225 LIBERTY STREET
Mail address 225 LIBERTY STREET

Short summary

Time Inc. is a New York company, with head office located at 225 Liberty Street New York, New York 10281. In 2017 the company owned a total of 4.12 billion USD worth of assets, including 895.00 million USD worth of current assets. 2014 was the year when the company amassed the most assets.

Time Inc. Income Statement

Name [in Millions USD]2011201220132014201520162017Trends
Revenue, Net 3,4363,3543,2813,1033,076
Cost of Goods and Services Sold 1,3571,3371,2951,2191,295
Selling, General and Administrative Expense 1,5541,5161,5711,5521,446
Operating Income (Loss) 420330180-8232
Interest expense 44517770
Other Nonoperating Income (Expense) -3-1-6-2-18
Income Tax Expense (Benefit) 15112536-21-33
Net income 26320187-881-48

Time Inc. Balance Sheet

Name [in Millions USD]2011201220132014201520162017Trends
Cash and cash equivalents 9569204338320269332
Accounts Receivable, Net, Current 383414431417409
Inventories 6242332729
Deferred income taxes 75750
Property, Plant and Equipment, Gross 1,4121,192986667
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 890834737388
Goodwill 3,1503,1633,1672,0172,0432,048
Intangible Assets, Net (Excluding Goodwill) 1,1681,0851,046869
Other Assets, Noncurrent 78821406965
Total assets 5,7575,7944,5044,0874,118
Current assets 9111,0861,006846895
Accounts payable 205220227225
Taxes Payable, Current 28212427
Total current liabilities 1,020994946934928
Long-term Debt, Excluding Current Maturities 1,3701,3651,2401,2171,216
Long-term Debt 1,3771,3721,2471,2241,223
Deferred Revenue, Noncurrent 12292887876
Deferred income taxes 296312242171185
Common Stock, Value, Issued 11111
Retained Earnings (Accumulated Deficit) -9,819-9,611-10,654-10,804-10,791
Accumulated Other Comprehensive Income (Loss), Net of Tax -78-160-250-366-362

Time Inc. Cash Flow

Name [in Millions USD]2011201220132014201520162017Trends
Net income 26320187-881-48
Depreciation 91851019254
Amortization of Intangible Assets 3642788083
Accounts receivable -79-6719-1815
Inventories 2-32-9-12-3
Payments to Acquire Productive Assets 343441212101
Payments to Acquire Businesses, Net of Cash Acquired -1318141195
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -26-2397216-282
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 352321
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 352321
Payments for Repurchase of Common Stock 0061116
Payments of Ordinary Dividends, Common Stock 00218477
Cash and Cash Equivalents, Period Increase (Decrease) -14-35473132-355