UNMA FY 2018 Earnings Report — Unum Group 6.250% JR NT58 Revenue & Financial Results | Market Cap Arena

Unum Group 6.250% JR NT58UNMA

FY 2018 Earnings

Reported February 19, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$11.6B	—	$11.3B	—	2.8%
Op. Income	$795M	—	$1.6B	—	-49.2%
Gross Margin	100.0%	—	100.0%	—	0.0pp
Net Margin	4.5%	—	8.8%	—	-4.3pp
EPS (Diluted)	$2.38	—	$4.37	—	-45.5%
Free Cash Flow	$1.4B	—	$1.1B	—	31.5%

Revenue Flow

Item	Amount
REVENUE	$11.6B
Cost of Revenue	$0
GROSS PROFIT	$11.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$886M
Other Expenses	-$2.8B
Operating Expenses	$2.8B
Cost & Expenses	-$10.8B
OPERATING INCOME	$795M
Interest Income	$0
Interest Expense	$167M
Other Income/Expenses	-$8.2B
INCOME BEFORE TAX	$628M
Income Tax Expense	$104M
Net Income from Continuing Ops	$523M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$523M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$523M
D&A	$101M
EBIT	-$1.1B
EBITDA	$897M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$11.6B
Cost of Revenue	$0
GROSS PROFIT	$11.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$886M
Other Expenses	-$2.8B
Operating Expenses	$2.8B
Cost & Expenses	-$10.8B
OPERATING INCOME	$795M
Interest Income	$0
Interest Expense	$167M
Other Income/Expenses	-$8.2B
INCOME BEFORE TAX	$628M
Income Tax Expense	$104M
Net Income from Continuing Ops	$523M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$523M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$523M
D&A	$101M
EBIT	-$1.1B
EBITDA	$897M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$523M
Depreciation & Amortization	$101M
Stock-Based Compensation	$26M
Deferred Income Tax	$0
Other Non-Cash Items	$31M
Change in Working Capital	$1.1B
OPERATING CASH FLOW	$1.5B
Capital Expenditure	-$144M
Acquisitions (Net)	-$145M
Purchases of Investments	-$4.5B
Sales/Maturities of Investments	$4.1B
Other Investing Activities	-$268M
NET CASH FROM INVESTING	-$930M
Net Debt Issuance	$31M
Common Stock Repurchased	-$356M
Common Dividends Paid	-$216M
Other Financing Activities	-$49M
NET CASH FROM FINANCING	-$590M
FREE CASH FLOW	$1.4B
Net Change in Cash	$17M

Balance Sheet

Item	Amount
Cash & Equivalents	$94M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$4.4B
TOTAL CURRENT ASSETS	$4.4B
PP&E (Net)	$547M
Goodwill	$350M
Intangible Assets	$2.4B
Long-Term Investments	$674M
Tax Assets	$847M
Other Non-Current Assets	$48.7B
TOTAL NON-CURRENT ASSETS	$53.5B
TOTAL ASSETS	$58.0B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	-$4.5B
Long-Term Debt	$3.0B
Deferred Revenue NC	$13M
Deferred Tax Liabilities	$737M
Other Non-Current Liabilities	$50.1B
TOTAL NON-CURRENT LIABILITIES	$53.8B
TOTAL LIABILITIES	$49.3B
Common Stock	$31M
Additional Paid-In Capital	$2.3B
Retained Earnings	$9.9B
Treasury Stock	-$2.8B
Accum. Other Comp. Income	-$814M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$8.6B
Minority Interest	$0
TOTAL EQUITY	$8.6B
TOTAL LIABILITIES & EQUITY	$58.0B
Total Debt	$3.0B
Net Debt	$2.9B