Sherwin-Williams Co
NYSE:SHW
Balance Sheet
Balance Sheet Decomposition
Sherwin-Williams Co
Sherwin-Williams Co
Balance Sheet
Sherwin-Williams Co
| Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents |
164
|
303
|
46
|
36
|
469
|
27
|
26
|
69
|
59
|
33
|
863
|
745
|
41
|
206
|
890
|
204
|
156
|
162
|
227
|
166
|
199
|
277
|
210
|
207
|
|
| Cash Equivalents |
164
|
303
|
46
|
36
|
469
|
27
|
26
|
69
|
59
|
33
|
863
|
745
|
41
|
206
|
890
|
204
|
156
|
162
|
227
|
166
|
199
|
277
|
210
|
207
|
|
| Short-Term Investments |
0
|
0
|
0
|
0
|
21
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Receivables |
494
|
544
|
724
|
809
|
865
|
871
|
770
|
696
|
917
|
990
|
1 033
|
1 098
|
1 131
|
1 114
|
1 231
|
2 105
|
2 075
|
2 139
|
2 130
|
2 413
|
2 607
|
2 514
|
2 444
|
2 865
|
|
| Accounts Receivables |
494
|
544
|
724
|
809
|
865
|
871
|
770
|
696
|
917
|
990
|
1 033
|
1 098
|
1 131
|
1 114
|
1 231
|
2 105
|
2 075
|
2 139
|
2 130
|
2 413
|
2 607
|
2 514
|
2 444
|
2 865
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Inventory |
625
|
638
|
773
|
809
|
825
|
887
|
864
|
738
|
918
|
927
|
920
|
971
|
1 034
|
1 019
|
1 068
|
1 742
|
1 815
|
1 890
|
1 804
|
1 927
|
2 627
|
2 330
|
2 288
|
2 318
|
|
| Other Current Assets |
223
|
230
|
239
|
241
|
270
|
284
|
249
|
266
|
321
|
312
|
334
|
345
|
362
|
319
|
438
|
356
|
298
|
441
|
431
|
548
|
475
|
392
|
459
|
618
|
|
| Total Current Assets |
1 506
|
1 715
|
1 782
|
1 894
|
2 450
|
2 070
|
1 909
|
1 770
|
2 214
|
2 262
|
3 149
|
3 159
|
2 567
|
2 657
|
3 627
|
4 407
|
4 344
|
4 632
|
4 591
|
5 054
|
5 908
|
5 513
|
5 401
|
6 007
|
|
| PP&E Net |
665
|
650
|
720
|
745
|
829
|
899
|
860
|
819
|
952
|
957
|
966
|
1 021
|
1 021
|
1 042
|
1 096
|
1 877
|
1 777
|
3 521
|
3 596
|
3 688
|
4 074
|
4 724
|
5 675
|
6 317
|
|
| PP&E Gross |
665
|
650
|
720
|
745
|
829
|
899
|
860
|
819
|
952
|
957
|
966
|
1 021
|
1 021
|
1 042
|
1 096
|
1 877
|
1 777
|
3 521
|
3 596
|
3 688
|
4 074
|
4 724
|
5 675
|
6 317
|
|
| Accumulated Depreciation |
913
|
962
|
1 031
|
1 135
|
1 221
|
1 327
|
1 396
|
1 402
|
1 474
|
1 516
|
1 622
|
1 720
|
1 814
|
1 882
|
2 005
|
2 090
|
2 263
|
2 547
|
2 714
|
2 797
|
2 982
|
3 040
|
3 190
|
3 249
|
|
| Intangible Assets |
186
|
187
|
308
|
291
|
286
|
351
|
300
|
279
|
321
|
306
|
348
|
313
|
289
|
255
|
255
|
6 002
|
5 202
|
4 735
|
4 471
|
4 002
|
4 002
|
3 881
|
3 533
|
3 966
|
|
| Goodwill |
552
|
564
|
900
|
887
|
916
|
997
|
1 007
|
1 015
|
1 102
|
1 108
|
1 156
|
1 179
|
1 158
|
1 143
|
1 127
|
6 814
|
6 957
|
7 005
|
7 049
|
7 135
|
7 583
|
7 626
|
7 580
|
8 037
|
|
| Note Receivable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
214
|
178
|
171
|
131
|
118
|
152
|
231
|
228
|
|
| Other Long-Term Assets |
523
|
566
|
564
|
551
|
514
|
539
|
340
|
441
|
580
|
597
|
616
|
710
|
671
|
681
|
647
|
799
|
641
|
426
|
524
|
658
|
910
|
1 059
|
1 213
|
1 347
|
|
| Other Assets |
552
|
564
|
900
|
887
|
916
|
997
|
1 007
|
1 015
|
1 102
|
1 108
|
1 156
|
1 179
|
1 158
|
1 143
|
1 127
|
6 814
|
6 957
|
7 005
|
7 049
|
7 135
|
7 583
|
7 626
|
7 580
|
8 037
|
|
| Total Assets |
3 432
N/A
|
3 683
+7%
|
4 274
+16%
|
4 369
+2%
|
4 995
+14%
|
4 855
-3%
|
4 416
-9%
|
4 324
-2%
|
5 169
+20%
|
5 229
+1%
|
6 235
+19%
|
6 383
+2%
|
5 706
-11%
|
5 779
+1%
|
6 753
+17%
|
19 900
+195%
|
19 134
-4%
|
20 496
+7%
|
20 402
0%
|
20 667
+1%
|
22 594
+9%
|
22 954
+2%
|
23 633
+3%
|
25 902
+10%
|
|
| Liabilities | |||||||||||||||||||||||||
| Accounts Payable |
522
|
588
|
651
|
720
|
779
|
741
|
738
|
675
|
910
|
965
|
923
|
998
|
1 042
|
1 158
|
1 035
|
1 792
|
1 799
|
1 876
|
2 118
|
2 403
|
2 437
|
2 315
|
2 253
|
2 354
|
|
| Accrued Liabilities |
445
|
467
|
524
|
619
|
652
|
658
|
610
|
607
|
695
|
723
|
829
|
851
|
869
|
861
|
977
|
1 481
|
1 509
|
1 683
|
2 002
|
1 872
|
2 055
|
2 276
|
2 280
|
2 400
|
|
| Short-Term Debt |
0
|
0
|
239
|
124
|
370
|
657
|
516
|
23
|
389
|
346
|
69
|
97
|
679
|
39
|
41
|
634
|
328
|
205
|
0
|
764
|
978
|
374
|
662
|
1 201
|
|
| Current Portion of Long-Term Debt |
15
|
11
|
11
|
10
|
213
|
15
|
14
|
12
|
8
|
8
|
4
|
503
|
3
|
3
|
700
|
1
|
307
|
430
|
25
|
261
|
1
|
1 099
|
1 053
|
351
|
|
| Other Current Liabilities |
101
|
89
|
96
|
81
|
61
|
71
|
59
|
76
|
63
|
121
|
52
|
80
|
87
|
81
|
77
|
80
|
354
|
329
|
450
|
420
|
490
|
563
|
561
|
615
|
|
| Total Current Liabilities |
1 083
|
1 154
|
1 520
|
1 554
|
2 075
|
2 141
|
1 937
|
1 394
|
2 064
|
2 163
|
1 876
|
2 529
|
2 681
|
2 142
|
2 829
|
3 987
|
4 298
|
4 522
|
4 594
|
5 720
|
5 961
|
6 627
|
6 809
|
6 920
|
|
| Long-Term Debt |
507
|
503
|
488
|
487
|
292
|
293
|
304
|
783
|
648
|
639
|
1 632
|
1 122
|
1 123
|
1 907
|
1 211
|
9 886
|
8 708
|
8 051
|
8 267
|
8 591
|
9 591
|
8 378
|
8 362
|
9 515
|
|
| Deferred Income Tax |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1 420
|
1 131
|
970
|
846
|
768
|
682
|
683
|
608
|
765
|
|
| Minority Interest |
0
|
0
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Liabilities |
500
|
567
|
615
|
597
|
636
|
635
|
570
|
657
|
848
|
910
|
934
|
957
|
906
|
862
|
834
|
959
|
1 267
|
2 830
|
3 083
|
3 151
|
3 259
|
3 551
|
3 803
|
4 102
|
|
| Total Liabilities |
2 090
N/A
|
2 224
+6%
|
2 627
+18%
|
2 639
+0%
|
3 003
+14%
|
3 070
+2%
|
2 810
-8%
|
2 833
+1%
|
3 560
+26%
|
3 712
+4%
|
4 443
+20%
|
4 608
+4%
|
4 710
+2%
|
4 911
+4%
|
4 874
-1%
|
16 252
+233%
|
15 404
-5%
|
16 373
+6%
|
16 791
+3%
|
18 230
+9%
|
19 492
+7%
|
19 239
-1%
|
19 581
+2%
|
21 303
+9%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
252
|
497
|
388
|
254
|
656
|
551
|
444
|
446
|
448
|
267
|
213
|
153
|
115
|
116
|
117
|
118
|
118
|
119
|
90
|
91
|
91
|
92
|
93
|
83
|
|
| Retained Earnings |
2 157
|
2 399
|
2 695
|
3 045
|
3 486
|
3 935
|
4 245
|
4 518
|
4 824
|
756
|
1 226
|
1 774
|
2 425
|
3 229
|
4 049
|
5 458
|
6 247
|
7 367
|
844
|
2 122
|
3 523
|
5 288
|
7 246
|
1 029
|
|
| Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
45
|
47
|
40
|
36
|
32
|
28
|
25
|
26
|
|
| Treasury Stock |
1 030
|
1 271
|
1 529
|
1 890
|
2 202
|
3 074
|
3 472
|
4 008
|
4 391
|
277
|
850
|
1 639
|
3 150
|
4 220
|
4 236
|
4 266
|
4 901
|
5 837
|
97
|
2 870
|
3 776
|
5 234
|
6 989
|
84
|
|
| Other Equity |
38
|
166
|
93
|
322
|
53
|
374
|
389
|
535
|
728
|
770
|
1 202
|
1 487
|
1 608
|
1 743
|
1 948
|
2 336
|
2 222
|
2 426
|
2 733
|
3 059
|
3 231
|
3 541
|
3 676
|
3 545
|
|
| Total Equity |
1 342
N/A
|
1 459
+9%
|
1 647
+13%
|
1 731
+5%
|
1 992
+15%
|
1 786
-10%
|
1 606
-10%
|
1 491
-7%
|
1 609
+8%
|
1 517
-6%
|
1 792
+18%
|
1 775
-1%
|
996
-44%
|
868
-13%
|
1 878
+116%
|
3 648
+94%
|
3 731
+2%
|
4 123
+11%
|
3 611
-12%
|
2 437
-33%
|
3 102
+27%
|
3 716
+20%
|
4 051
+9%
|
4 598
+14%
|
|
| Total Liabilities & Equity |
3 432
N/A
|
3 683
+7%
|
4 274
+16%
|
4 369
+2%
|
4 995
+14%
|
4 855
-3%
|
4 416
-9%
|
4 324
-2%
|
5 169
+20%
|
5 229
+1%
|
6 235
+19%
|
6 383
+2%
|
5 706
-11%
|
5 779
+1%
|
6 753
+17%
|
19 900
+195%
|
19 134
-4%
|
20 496
+7%
|
20 402
0%
|
20 667
+1%
|
22 594
+9%
|
22 954
+2%
|
23 633
+3%
|
25 902
+10%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
447
|
430
|
422
|
405
|
401
|
368
|
351
|
328
|
321
|
312
|
310
|
300
|
284
|
277
|
279
|
282
|
279
|
276
|
269
|
261
|
259
|
255
|
251
|
248
|
|
| Preferred Shares Outstanding |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|