◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...

10-Q Filing

GENUINE PARTS CO CIK: 40987 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0000040987-23-000015
Period End Date 20230331
Filing Date 20230420
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance gpc-20230331_htm.xml
Balance Sheet 82 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $56.24M USD Point-in-time
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $53.87M USD Point-in-time
Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.48B USD Point-in-time
Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.44B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $610.78M USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $651.18M USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $714.70M USD Point-in-time
Preferred stock, par value (usd per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $653.46M USD Point-in-time
Preferred stock, par value (usd per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Trade accounts receivable, less allowance for doubtful accounts (2023 $56,236; 2022 $53,872) AccountsNotesAndLoansReceivableNetCurrent $2.42B USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Trade accounts receivable, less allowance for doubtful accounts (2023 $56,236; 2022 $53,872) AccountsNotesAndLoansReceivableNetCurrent $2.19B USD Point-in-time
Merchandise inventories, net InventoryNet $4.58B USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Merchandise inventories, net InventoryNet $4.44B USD Point-in-time
Common stock, par value (usd per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $1.53B USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $1.53B USD Point-in-time
Common stock, par value (usd per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 450.00M shares Point-in-time
Total current assets AssetsCurrent $9.18B USD Point-in-time
Total current assets AssetsCurrent $8.82B USD Point-in-time
Goodwill Goodwill $2.59B USD Point-in-time
Goodwill Goodwill $2.60B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 140.55M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 140.94M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 140.55M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 140.94M shares Point-in-time
Other intangible assets, less accumulated amortization FiniteLivedIntangibleAssetsNet $1.79B USD Point-in-time
Other intangible assets, less accumulated amortization FiniteLivedIntangibleAssetsNet $1.81B USD Point-in-time
Property, plant and equipment, less accumulated depreciation (2023 $1,476,073; 2022 $1,435,677) PropertyPlantAndEquipmentNet $1.33B USD Point-in-time
Property, plant and equipment, less accumulated depreciation (2023 $1,476,073; 2022 $1,435,677) PropertyPlantAndEquipmentNet $1.37B USD Point-in-time
Operating lease assets OperatingLeaseRightOfUseAsset $1.12B USD Point-in-time
Operating lease assets OperatingLeaseRightOfUseAsset $1.10B USD Point-in-time
Other assets OtherAssetsNoncurrent $838.66M USD Point-in-time
Other assets OtherAssetsNoncurrent $847.33M USD Point-in-time
Total assets Assets $16.91B USD Point-in-time
Total assets Assets $16.50B USD Point-in-time
Trade accounts payable AccountsPayableTradeCurrent $5.68B USD Point-in-time
Trade accounts payable AccountsPayableTradeCurrent $5.46B USD Point-in-time
Current portion of debt LongTermDebtCurrent $252.03M USD Point-in-time
Current portion of debt LongTermDebtCurrent $290.33M USD Point-in-time
Dividends payable DividendsPayableCurrent $126.19M USD Point-in-time
Dividends payable DividendsPayableCurrent $133.74M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.82B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.85B USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.69B USD Point-in-time
Total current liabilities LiabilitiesCurrent $7.92B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.08B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.09B USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $836.02M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $844.17M USD Point-in-time
Pension and other postretirement benefit liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $198.55M USD Point-in-time
Pension and other postretirement benefit liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $197.88M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $391.53M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $391.16M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $502.97M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $521.80M USD Point-in-time
Preferred stock, par value $1 per share; authorized 10,000,000 shares; none issued PreferredStockValue - USD Point-in-time
Preferred stock, par value $1 per share; authorized 10,000,000 shares; none issued PreferredStockValue - USD Point-in-time
Common stock, par value $1 per share; authorized 450,000,000 shares; issued and outstanding 2023 140,545,475 shares; 2022 140,941,649 shares CommonStockValue $140.94M USD Point-in-time
Common stock, par value $1 per share; authorized 450,000,000 shares; issued and outstanding 2023 140,545,475 shares; 2022 140,941,649 shares CommonStockValue $140.54M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $140.32M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $147.69M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.01B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.03B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $4.54B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $4.64B USD Point-in-time
Total parent equity StockholdersEquity $3.93B USD Point-in-time
Total parent equity StockholdersEquity $3.79B USD Point-in-time
Noncontrolling interests in subsidiaries MinorityInterest $13.43M USD Point-in-time
Noncontrolling interests in subsidiaries MinorityInterest $14.08M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.61B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.50B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.80B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.94B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $16.50B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $16.91B USD Point-in-time
Income Statement 32 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $5.77B USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $5.29B USD 1 Quarter
Cost of goods sold CostOfGoodsAndServicesSold $3.47B USD 1 Quarter
Cost of goods sold CostOfGoodsAndServicesSold $3.75B USD 1 Quarter
Gross profit GrossProfit $1.83B USD 1 Quarter
Gross profit GrossProfit $2.01B USD 1 Quarter
Selling, administrative and other expenses SellingGeneralAndAdministrativeExpense $1.40B USD 1 Quarter
Selling, administrative and other expenses SellingGeneralAndAdministrativeExpense $1.51B USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $87.22M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $87.37M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $5.64M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $4.49M USD 1 Quarter
Total operating expenses OperatingExpenses $1.60B USD 1 Quarter
Total operating expenses OperatingExpenses $1.50B USD 1 Quarter
Interest expense, net InterestExpense $16.86M USD 1 Quarter
Interest expense, net InterestExpense $19.85M USD 1 Quarter
Other OtherNonoperatingIncomeExpense $15.46M USD 1 Quarter
Other OtherNonoperatingIncomeExpense $11.97M USD 1 Quarter
Total non-operating expense (income) NonoperatingIncomeExpense $-4.90M USD 1 Quarter
Total non-operating expense (income) NonoperatingIncomeExpense $-4.39M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $404.41M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $325.72M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $100.45M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $79.88M USD 1 Quarter
Net income NetIncomeLoss $303.96M USD 1 Quarter
Net income NetIncomeLoss $245.84M USD 1 Quarter
Dividends declared per common share (usd per share) CommonStockDividendsPerShareDeclared $0.95 USD 1 Quarter
Dividends declared per common share (usd per share) CommonStockDividendsPerShareDeclared $0.90 USD 1 Quarter
Basic earnings per share (usd per share) EarningsPerShareBasic $1.73 USD 1 Quarter
Basic earnings per share (usd per share) EarningsPerShareBasic $2.16 USD 1 Quarter
Diluted earnings per share (usd per share) EarningsPerShareDiluted $1.72 USD 1 Quarter
Diluted earnings per share (usd per share) EarningsPerShareDiluted $2.14 USD 1 Quarter
Cash Flow Statement 48 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $303.96M USD 1 Quarter
Net income NetIncomeLoss $245.84M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $87.22M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $87.37M USD 1 Quarter
Share-based compensation ShareBasedCompensation $7.17M USD 1 Quarter
Share-based compensation ShareBasedCompensation $8.65M USD 1 Quarter
Excess tax benefits from share-based compensation EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions $714.00K USD 1 Quarter
Excess tax benefits from share-based compensation EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions $584.00K USD 1 Quarter
Changes in operating assets and liabilities IncreaseDecreaseInOperatingCapital $-59.14M USD 1 Quarter
Changes in operating assets and liabilities IncreaseDecreaseInOperatingCapital $201.73M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $197.51M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $398.81M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $78.05M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $88.10M USD 1 Quarter
Proceeds from sale of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.97M USD 1 Quarter
Proceeds from sale of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $5.89M USD 1 Quarter
Proceeds from sale of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments - USD 1 Quarter
Proceeds from sale of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $80.48M USD 1 Quarter
Acquisitions and other investing activities PaymentsToAcquireBusinessesAndInterestInAffiliates $39.59M USD 1 Quarter
Acquisitions and other investing activities PaymentsToAcquireBusinessesAndInterestInAffiliates $1.35B USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-45.24M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.42B USD 1 Quarter
Proceeds from debt ProceedsFromLongTermLinesOfCredit $2.89B USD 1 Quarter
Proceeds from debt ProceedsFromLongTermLinesOfCredit $693.40M USD 1 Quarter
Payments on debt RepaymentsOfDebt $652.14M USD 1 Quarter
Payments on debt RepaymentsOfDebt $1.78B USD 1 Quarter
Shares issued from employee incentive plans PaymentsForSharesIssuedFromEmployeeIncentivePlans $1.06M USD 1 Quarter
Shares issued from employee incentive plans PaymentsForSharesIssuedFromEmployeeIncentivePlans $1.26M USD 1 Quarter
Dividends paid PaymentsOfDividends $115.88M USD 1 Quarter
Dividends paid PaymentsOfDividends $126.19M USD 1 Quarter
Purchases of stock PaymentsForRepurchaseOfCommonStock $67.50M USD 1 Quarter
Purchases of stock PaymentsForRepurchaseOfCommonStock $72.92M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-4.12M USD 1 Quarter
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-1.59M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-157.81M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $913.96M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.25M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.26M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-2.28M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-103.92M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $610.78M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $651.18M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $714.70M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $653.46M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $610.78M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $651.18M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $714.70M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $653.46M USD Point-in-time
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Cash dividends declared per share (usd per share) CommonStockDividendsPerShareDeclared $0.95 USD 1 Quarter
Cash dividends declared per share (usd per share) CommonStockDividendsPerShareDeclared $0.90 USD 1 Quarter
Share-based awards exercised, tax EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions $714.00K USD 1 Quarter
Share-based awards exercised, tax EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions $584.00K USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.61B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.50B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.80B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.94B USD Point-in-time
Net income NetIncomeLoss $303.96M USD 1 Quarter
Net income NetIncomeLoss $245.84M USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $25.74M USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $52.86M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $126.89M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $133.74M USD 1 Quarter
Shares issued from employee incentive plans StockIssuedDuringPeriodValueShareBasedCompensation $-1.06M USD 1 Quarter
Shares issued from employee incentive plans StockIssuedDuringPeriodValueShareBasedCompensation $-1.26M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.17M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.65M USD 1 Quarter
Purchase of stock StockRepurchasedDuringPeriodValue $72.92M USD 1 Quarter
Purchase of stock StockRepurchasedDuringPeriodValue $67.50M USD 1 Quarter
Noncontrolling interest activities NoncontrollingInterestActivities $-652.00K USD 1 Quarter
Noncontrolling interest activities NoncontrollingInterestActivities $-412.00K USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.61B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.50B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.80B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.94B USD Point-in-time
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $303.96M USD 1 Quarter
Foreign currency translation adjustment, tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-8.41M USD 1 Quarter
Net income NetIncomeLoss $245.84M USD 1 Quarter
Foreign currency translation adjustment, tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-5.25M USD 1 Quarter
Net investment hedge, tax GainLossonDerivativeUsedinNetInvestmentHedgeTax - USD 1 Quarter
Net investment hedge, tax GainLossonDerivativeUsedinNetInvestmentHedgeTax $-1.38M USD 1 Quarter
Foreign currency translation adjustments, net of income taxes in 2023 $5,255; 2022 $8,411 OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $23.83M USD 1 Quarter
Foreign currency translation adjustments, net of income taxes in 2023 $5,255; 2022 $8,411 OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $42.13M USD 1 Quarter
Pension and postretirement benefit adjustments, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $703.00K USD 1 Quarter
Cash flow hedge adjustments, net of income taxes in 2023 $0; 2022 $1,384 OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax - USD 1 Quarter
Cash flow hedge adjustments, net of income taxes in 2023 $0; 2022 $1,384 OtherComprehensiveIncomeLossCashFlowHedgeandNetInvestmentHedgeGainLossafterReclassificationandTax $3.74M USD 1 Quarter
Pension and postretirement benefit adjustments, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-2.58M USD 1 Quarter
Pension and postretirement benefit adjustments, net of income taxes in 2023 $703; 2022 $2,580 OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-6.99M USD 1 Quarter
Pension and postretirement benefit adjustments, net of income taxes in 2023 $703; 2022 $2,580 OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.91M USD 1 Quarter
Other comprehensive income, net of income taxes OtherComprehensiveIncomeLossNetOfTax $25.74M USD 1 Quarter
Other comprehensive income, net of income taxes OtherComprehensiveIncomeLossNetOfTax $52.86M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $298.70M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $329.70M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading news...
TRENDING
Loading...