Brown & Brown Inc
NYSE:BRO
Balance Sheet
Balance Sheet Decomposition
Brown & Brown Inc
Current Assets | 5B |
Cash & Short-Term Investments | 591m |
Receivables | 2.1B |
Other Current Assets | 2.3B |
Non-Current Assets | 9.8B |
Long-Term Investments | 21m |
PP&E | 469m |
Intangibles | 9B |
Other Non-Current Assets | 333m |
Current Liabilities | 4.9B |
Accounts Payable | 322m |
Accrued Liabilities | 352m |
Other Current Liabilities | 4.2B |
Non-Current Liabilities | 4.1B |
Long-Term Debt | 3B |
Other Non-Current Liabilities | 1.1B |
Balance Sheet
Brown & Brown Inc
Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Cash & Cash Equivalents |
470
|
443
|
516
|
573
|
439
|
542
|
817
|
887
|
650
|
700
|
|
Cash Equivalents |
470
|
443
|
516
|
573
|
439
|
542
|
817
|
887
|
650
|
700
|
|
Short-Term Investments |
11
|
14
|
15
|
25
|
13
|
12
|
18
|
13
|
12
|
11
|
|
Total Receivables |
438
|
466
|
581
|
1 024
|
910
|
1 001
|
1 143
|
1 279
|
2 355
|
2 040
|
|
Accounts Receivables |
425
|
434
|
502
|
546
|
845
|
943
|
1 099
|
1 216
|
643
|
790
|
|
Other Receivables |
13
|
32
|
79
|
478
|
65
|
58
|
44
|
63
|
1 712
|
1 250
|
|
Other Current Assets |
652
|
615
|
625
|
620
|
805
|
939
|
980
|
1 151
|
1 979
|
2 379
|
|
Total Current Assets |
1 570
|
1 537
|
1 736
|
2 242
|
2 167
|
2 495
|
2 958
|
3 330
|
4 996
|
5 130
|
|
PP&E Net |
85
|
82
|
76
|
77
|
100
|
333
|
388
|
409
|
455
|
469
|
|
PP&E Gross |
85
|
0
|
0
|
77
|
100
|
333
|
388
|
409
|
455
|
469
|
|
Accumulated Depreciation |
111
|
0
|
0
|
157
|
168
|
171
|
191
|
196
|
237
|
254
|
|
Intangible Assets |
785
|
745
|
707
|
641
|
899
|
917
|
1 050
|
1 081
|
1 595
|
1 621
|
|
Goodwill |
2 461
|
2 587
|
2 675
|
2 716
|
3 433
|
3 746
|
4 396
|
4 737
|
6 674
|
7 341
|
|
Long-Term Investments |
20
|
18
|
23
|
14
|
17
|
27
|
25
|
31
|
22
|
21
|
|
Other Long-Term Assets |
37
|
36
|
45
|
57
|
72
|
105
|
150
|
207
|
231
|
302
|
|
Other Assets |
2 461
|
2 587
|
2 675
|
2 716
|
3 433
|
3 746
|
4 396
|
4 737
|
6 674
|
7 341
|
|
Total Assets |
4 956
N/A
|
5 004
+1%
|
5 263
+5%
|
5 748
+9%
|
6 689
+16%
|
7 623
+14%
|
8 966
+18%
|
9 795
+9%
|
13 974
+43%
|
14 883
+7%
|
|
Liabilities | |||||||||||
Accounts Payable |
625
|
639
|
717
|
749
|
945
|
1 114
|
1 389
|
1 591
|
287
|
459
|
|
Accrued Liabilities |
149
|
192
|
202
|
185
|
214
|
267
|
266
|
337
|
392
|
432
|
|
Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
46
|
73
|
56
|
120
|
50
|
55
|
70
|
43
|
251
|
569
|
|
Other Current Liabilities |
449
|
425
|
471
|
933
|
574
|
610
|
629
|
697
|
3 667
|
3 498
|
|
Total Current Liabilities |
1 269
|
1 329
|
1 445
|
1 987
|
1 783
|
2 045
|
2 354
|
2 667
|
4 597
|
4 957
|
|
Long-Term Debt |
1 153
|
1 072
|
1 018
|
856
|
1 457
|
1 500
|
2 026
|
1 980
|
3 692
|
3 227
|
|
Deferred Income Tax |
341
|
361
|
358
|
256
|
316
|
328
|
344
|
387
|
584
|
616
|
|
Other Liabilities |
79
|
94
|
81
|
65
|
132
|
399
|
488
|
564
|
495
|
505
|
|
Total Liabilities |
2 843
N/A
|
2 855
+0%
|
2 903
+2%
|
3 165
+9%
|
3 688
+17%
|
4 273
+16%
|
5 212
+22%
|
5 599
+7%
|
9 367
+67%
|
9 305
-1%
|
|
Equity | |||||||||||
Common Stock |
15
|
15
|
15
|
15
|
29
|
30
|
30
|
30
|
30
|
30
|
|
Retained Earnings |
1 768
|
1 947
|
2 135
|
2 457
|
2 834
|
3 141
|
3 521
|
4 001
|
4 553
|
5 289
|
|
Additional Paid In Capital |
406
|
426
|
468
|
498
|
615
|
716
|
795
|
849
|
920
|
1 027
|
|
Treasury Stock |
75
|
239
|
258
|
386
|
478
|
536
|
591
|
674
|
748
|
748
|
|
Other Equity |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
148
|
19
|
|
Total Equity |
2 114
N/A
|
2 150
+2%
|
2 360
+10%
|
2 583
+9%
|
3 001
+16%
|
3 350
+12%
|
3 754
+12%
|
4 197
+12%
|
4 607
+10%
|
5 579
+21%
|
|
Total Liabilities & Equity |
4 956
N/A
|
5 004
+1%
|
5 263
+5%
|
5 748
+9%
|
6 689
+16%
|
7 623
+14%
|
8 966
+18%
|
9 795
+9%
|
13 974
+43%
|
14 883
+7%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
287
|
278
|
280
|
276
|
280
|
282
|
283
|
282
|
283
|
285
|