UNMA FY 2019 Earnings Report — Unum Group 6.250% JR NT58 Revenue & Financial Results | Market Cap Arena

Unum Group 6.250% JR NT58UNMA

FY 2019 Earnings

Reported February 18, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$12.0B	—	$11.6B	—	3.5%
Op. Income	$11.1B	—	$795M	—	1292.4%
Gross Margin	100.0%	—	100.0%	—	0.0pp
Net Margin	9.2%	—	4.5%	—	4.7pp
EPS (Diluted)	$5.24	—	$2.38	—	120.2%
Free Cash Flow	$1.5B	—	$1.4B	—	4.5%

Revenue Flow

Item	Amount
REVENUE	$12.0B
Cost of Revenue	$0
GROSS PROFIT	$12.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$928M
Operating Expenses	$928M
Cost & Expenses	$928M
OPERATING INCOME	$11.1B
Interest Income	$177M
Interest Expense	$177M
Other Income/Expenses	-$9.7B
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$282M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$0
EBIT	$0
EBITDA	$0
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$12.0B
Cost of Revenue	$0
GROSS PROFIT	$12.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$928M
Operating Expenses	$928M
Cost & Expenses	$928M
OPERATING INCOME	$11.1B
Interest Income	$177M
Interest Expense	$177M
Other Income/Expenses	-$9.7B
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$282M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$0
EBIT	$0
EBITDA	$0
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$110M
Stock-Based Compensation	$27M
Deferred Income Tax	$0
Other Non-Cash Items	$88M
Change in Working Capital	$281M
OPERATING CASH FLOW	$1.6B
Capital Expenditure	-$151M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$1.2B
NET CASH FROM INVESTING	-$1.4B
Net Debt Issuance	$349M
Common Stock Repurchased	-$400M
Common Dividends Paid	-$229M
Other Financing Activities	$58M
NET CASH FROM FINANCING	-$223M
FREE CASH FLOW	$1.5B
Net Change in Cash	-$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$84M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$4.5B
TOTAL CURRENT ASSETS	$4.5B
PP&E (Net)	$643M
Goodwill	$352M
Intangible Assets	$2.4B
Long-Term Investments	$721M
Tax Assets	$1.3B
Other Non-Current Assets	$53.6B
TOTAL NON-CURRENT ASSETS	$59.1B
TOTAL ASSETS	$63.6B
Account Payables	$0
Short-Term Debt	$426M
Deferred Revenue	$0
Other Current Liabilities	-$27M
TOTAL CURRENT LIABILITIES	-$4.1B
Long-Term Debt	$2.9B
Deferred Revenue NC	$9M
Deferred Tax Liabilities	$1.4B
Other Non-Current Liabilities	$53.2B
TOTAL NON-CURRENT LIABILITIES	$57.7B
TOTAL LIABILITIES	$53.6B
Common Stock	$31M
Additional Paid-In Capital	$2.3B
Retained Earnings	$10.7B
Treasury Stock	-$3.2B
Accum. Other Comp. Income	$37M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$10.0B
Minority Interest	$0
TOTAL EQUITY	$10.0B
TOTAL LIABILITIES & EQUITY	$63.6B
Total Debt	$3.4B
Net Debt	$3.4B