The ODP Corporation (ODP)

The ODP Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020	Dec 28, 2019
Cash & Equivalents	181	392	403	514	729	698
Cash & Short-Term Investments	181	392	403	514	729	698
Cash Growth	-52.86%	-2.73%	-21.60%	-29.49%	4.44%	6.08%
Accounts Receivable	377	372	421	368	340	621
Other Receivables	177	119	123	143	117	225
Receivables	554	491	544	511	457	1,665
Inventory	760	765	828	859	916	1,032
Prepaid Expenses	31	24	28	36	34	50
Restricted Cash	-	-	-	-	-	2
Other Current Assets	12	6	107	469	219	-
Total Current Assets	1,538	1,678	1,910	2,389	2,355	3,447
Property, Plant & Equipment	1,287	1,161	1,081	1,298	1,528	2,092
Goodwill	412	403	464	464	394	944
Other Intangible Assets	49	226	191	169	178	388
Long-Term Accounts Receivable	3	1	2	8	15	17
Long-Term Deferred Tax Assets	128	140	182	219	218	183
Other Long-Term Assets	274	277	319	318	926	240
Total Assets	3,691	3,886	4,149	4,865	5,614	7,311
Accounts Payable	773	755	821	950	857	1,026
Accrued Expenses	848	612	668	626	654	782
Current Portion of Long-Term Debt	-	-	2	3	3	822
Current Portion of Leases	10	282	295	321	355	392
Current Income Taxes Payable	4	6	17	11	10	8
Current Unearned Revenue	26	38	56	64	62	64
Other Current Liabilities	6	-	-	290	152	-
Total Current Liabilities	1,667	1,693	1,859	2,265	2,093	3,094
Long-Term Debt	236	144	148	193	297	517
Long-Term Leases	801	810	717	788	992	1,266
Long-Term Unearned Revenue	-	-	-	2	4	1
Long-Term Deferred Tax Liabilities	118	3	2	157	4	20
Other Long-Term Liabilities	-	120	120	-	302	155
Total Liabilities	2,835	2,785	2,862	3,427	3,734	5,138
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	2,763	2,752	2,742	2,692	2,675	2,652
Retained Earnings	-312	-312	-451	-617	-409	-89
Treasury Stock	-1,482	-1,226	-928	-632	-355	-325
Comprehensive Income & Other	-114	-114	-77	-6	-32	-66
Total Common Equity	856	1,101	1,287	1,438	1,880	2,173
Shareholders' Equity	856	1,101	1,287	1,438	1,880	2,173
Total Liabilities & Equity	3,691	3,886	4,149	4,865	5,614	7,311
Total Debt	1,047	1,236	1,162	1,305	1,647	2,997
Net Cash (Debt)	-866	-844	-759	-791	-918	-2,299
Net Cash Per Share	-24.06	-21.10	-15.49	-14.38	-17.32	-41.80
Filing Date Shares Outstanding	30.12	36.63	40.2	48.49	53.52	52.81
Total Common Shares Outstanding	31.2	36.96	42.21	48.46	52.69	53.52
Working Capital	-129	-15	51	124	262	353
Book Value Per Share	27.43	29.79	30.49	29.68	35.68	40.60
Tangible Book Value	395	472	632	805	1,308	841
Tangible Book Value Per Share	12.66	12.77	14.97	16.61	24.82	15.71
Land	-	18	30	45	45	45
Buildings	-	61	68	181	176	181
Machinery	-	618	610	632	637	701
Construction In Progress	-	22	17	12	22	49
Leasehold Improvements	-	572	565	587	598	658

Source: S&P Capital IQ. Standard template. Financial Sources.