GAP INC company info

CIK 39911
IRS Number 941697231
State of incorporation DE
Business address TWO FOLSOM STREET
None
SAN FRANCISCO
CA
94105
Mail address TWO FOLSOM STREET
None
SAN FRANCISCO
CA
94105

Short summary

GAP INC is a California company, with head office located at Two Folsom Street San Francisco, California 94105. The company achieved a record breaking net income in 2013 - 1.28 billion USD. In 2018 the company owned a total of 13.62 billion USD worth of assets, including 4.21 billion USD worth of current assets. The company amassed the most assets last year, totalling up to 13.62 billion USD.

GAP INC Income Statement

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Revenue, Net 15,76314,52614,19714,66414,54915,65116,14816,43515,79715,51615,855
Cost of Goods and Services Sold 10,0719,0798,473
Gross Profit 5,6925,4475,7245,8895,2746,1716,2936,2895,7205,6406,0666,322
Research and development 465150
Operating Expenses 4,3773,8993,9093,9213,8364,2294,1444,2064,1964,4494,5874,960
Operating Income (Loss) 1,3151,5481,8151,9681,4381,9422,1492,0831,5241,1911,4791,362
Interest expense 2612-87487617559757473
Investment Income, Interest and Dividend 1173776
Income Tax Expense (Benefit) 539617714778536726813751551448576319
Net income 8339671,1021,2048331,1351,2801,2629206768481,003

GAP INC Balance Sheet

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Cash and cash equivalents 2,2221,7441,7082,0562,4171,9721,6101,5441,2341,3131,5831,210941
Available-for-sale Securities, Current 0164272
Accounts Receivable, Net, Current 150205297331462275282335282359
Deferred income taxes 1931902052201791420
Property, Plant and Equipment, Gross 7,7837,9108,1598,3058,4948,4298,7678,667
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 4,4414,8325,1115,2585,3555,4595,5995,7635,8776,0255,871
Goodwill 999999181180180180109109109
Other Assets, Noncurrent 415471632696598606700672587698687607547
Total assets 8,8497,6487,2217,9458,0277,5727,4397,6957,4957,5077,4117,58513,620
Current assets 5,2813,9703,7694,6644,8704,4454,1314,3204,1183,9454,1194,1874,212
Accounts payable 8121,0521,0531,0161,0081,1011,1561,1081,1191,072994
Total current liabilities 2,2682,2781,6852,0912,0902,0542,1022,2032,1742,5552,3022,0582,831
Long-term Debt, Excluding Current Maturities 18801,2461,5661,2471,3691,3311,3181,2481,2491,249
Long-term Debt 1,2461,6061,2471,3931,3521,3421,3151,249
Common Stock, Value, Issued 55555555555555222120201919
Retained Earnings (Accumulated Deficit) 8,7559,41010,10311,05011,93412,53613,5222,8842,7182,4762,7963,1273,495
Accumulated Other Comprehensive Income (Loss), Net of Tax 8313811614620022616713014020465157

GAP INC Cash Flow

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Net income 8339671,1021,2048331,1351,2801,2629206768481,003
Depreciation and amortization 635653655648592559536564592593559578
Depreciation 643639586554530560588590556575
Amortization of Intangible Assets 26400000
Deferred Income Tax Expense (Benefit) -5110-5093-11-376975101-546165
Accounts payable 199-440-71191105-41-47146-90-78
Net Cash Provided by (Used in) Operating Activities 2,0811,4121,9281,7441,3631,9361,7052,1291,5941,7191,3801,381
Payments to Acquire Property, Plant, and Equipment 682431334557548659670714726524731705
Payments to Acquire Businesses, Net of Cash Acquired 01420
Net Cash Provided by (Used in) Investing Activities -274-398-537-429-454-844-624-596-730-529-668-1,001
Proceeds from Issuance of Long-term Debt 01,646014400
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 9352-14
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 9352-14
Payments for Repurchase of Common Stock 1,7007055471,9592,0921,0309791,1791,0150315398
Net Cash Provided by (Used in) Financing Activities -2,146-1,005-771-2,127-602-1,481-1,004-1,507-990-777-731-749
Cash and Cash Equivalents, Period Increase (Decrease) -306-9633-787324-425505-1454130