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CIT GROUP INC: 10-K filed 2017-03-16

What CIT GROUP INC reported in its annual report filed 2017-03-16 (fiscal FY 2016): 34 published measures, 298 facts as tagged in accession 0000891092-17-002112.

This filing

Form
10-K (annual report)
Filed
2017-03-16
Fiscal period
fiscal FY 2016
Accession
0000891092-17-002112 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All CIT GROUP INC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2016-12-3164,170,200,000USD
At 2016-09-3065,981,100,000USD
At 2016-06-3066,706,200,000USD
At 2016-03-3167,088,600,000USD
At 2015-12-3167,391,900,000USD
At 2015-09-3068,013,800,000USD
At 2015-06-3046,553,600,000USD
At 2015-03-3146,302,200,000USD
At 2014-12-3147,755,500,000USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2016-12-3154,167,100,000USD
At 2016-09-3054,776,200,000USD
At 2016-06-3055,612,900,000USD
At 2016-03-3155,996,500,000USD
At 2015-12-3156,446,700,000USD
At 2015-09-3057,239,800,000USD
At 2015-06-3037,759,300,000USD
At 2015-03-3137,555,000,000USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2016-12-3110,002,700,000USD
At 2016-09-3011,204,400,000USD
At 2016-06-3011,092,800,000USD
At 2016-03-3111,091,600,000USD
At 2015-12-3110,944,700,000USD
At 2015-09-3010,773,500,000USD
At 2015-06-308,793,800,000USD
At 2015-03-318,746,700,000USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2016-12-316,375,200,000USD
At 2016-09-306,580,300,000USD
At 2016-06-307,299,700,000USD
At 2016-03-317,318,500,000USD
At 2015-12-317,470,600,000USD
At 2015-09-307,423,400,000USD
At 2015-06-304,668,600,000USD
At 2015-03-315,486,600,000USD
At 2014-12-316,155,500,000USD
At 2013-12-315,081,100,000USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2016-10-01 to 2016-12-31-1,142,500,000USD92
2016-01-01 to 2016-12-31-848,000,000USD366
2016-07-01 to 2016-09-30131,500,000USD92
2016-01-01 to 2016-09-30294,500,000USD274
2016-04-01 to 2016-06-3017,000,000USD91
2016-01-01 to 2016-06-30163,000,000USD182
2016-01-01 to 2016-03-31146,000,000USD91
2015-10-01 to 2015-12-31140,000,000USD92
2015-01-01 to 2015-12-311,034,100,000USD365
2015-07-01 to 2015-09-30677,600,000USD92
2015-01-01 to 2015-09-30894,100,000USD273
2015-04-01 to 2015-06-30113,800,000USD91
2015-01-01 to 2015-06-30216,500,000USD181
2015-01-01 to 2015-03-31102,700,000USD90
2014-01-01 to 2014-12-311,119,100,000USD365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2016-01-01 to 2016-12-312,366,900,000USD366
2016-01-01 to 2016-09-301,418,600,000USD274
2016-01-01 to 2016-06-30979,700,000USD182
2016-01-01 to 2016-03-31399,600,000USD91
2015-01-01 to 2015-12-311,167,600,000USD365
2015-01-01 to 2015-09-30916,100,000USD273
2015-01-01 to 2015-06-30479,100,000USD181
2015-01-01 to 2015-03-31191,400,000USD90
2014-01-01 to 2014-12-311,378,400,000USD365

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2016-01-01 to 2016-12-313,093,700,000USD366
2015-01-01 to 2015-12-312,612,900,000USD365
2014-01-01 to 2014-12-312,369,100,000USD365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2016-01-01 to 2016-12-31-2,928,800,000USD366
2016-01-01 to 2016-09-30-1,868,600,000USD274
2016-01-01 to 2016-06-30-886,100,000USD182
2016-01-01 to 2016-03-31-380,900,000USD91
2015-01-01 to 2015-12-31-873,900,000USD365
2015-01-01 to 2015-09-30-563,400,000USD273
2015-01-01 to 2015-06-30-942,000,000USD181
2015-01-01 to 2015-03-31-1,139,800,000USD90
2014-01-01 to 2014-12-31941,300,000USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2016-01-01 to 2016-12-31-498,900,000USD366
2016-01-01 to 2016-09-30-431,600,000USD274
2016-01-01 to 2016-06-30-257,800,000USD182
2016-01-01 to 2016-03-31-168,500,000USD91
2015-01-01 to 2015-12-311,085,200,000USD365
2015-01-01 to 2015-09-30968,600,000USD273
2015-01-01 to 2015-06-30-992,500,000USD181
2015-01-01 to 2015-03-31330,100,000USD90
2014-01-01 to 2014-12-31-1,162,500,000USD365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2016-12-311,553,000,000USD
At 2016-09-302,726,300,000USD
At 2016-06-302,625,500,000USD
At 2016-03-312,639,500,000USD
At 2015-12-312,524,000,000USD
At 2015-09-302,414,600,000USD
At 2015-06-301,767,700,000USD
At 2015-03-311,680,400,000USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2016-01-01 to 2016-12-31201,850,000shares366
2016-07-01 to 2016-09-30202,036,000shares92
2016-01-01 to 2016-09-30201,775,000shares274
2016-04-01 to 2016-06-30201,893,000shares91
2016-01-01 to 2016-06-30201,647,000shares182
2016-01-01 to 2016-03-31201,394,000shares91
2015-10-01 to 2015-12-31200,987,000shares92
2015-01-01 to 2015-12-31185,500,000shares365
2015-07-01 to 2015-09-30190,557,000shares92
2015-01-01 to 2015-09-30180,300,000shares273
2015-04-01 to 2015-06-30173,785,000shares91
2015-01-01 to 2015-06-30175,019,000shares181
2015-01-01 to 2015-03-31176,260,000shares90
2014-01-01 to 2014-12-31188,491,000shares365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2016-01-01 to 2016-12-31201,850,000shares366
2016-07-01 to 2016-09-30202,755,000shares92
2016-01-01 to 2016-09-30202,388,000shares274
2016-04-01 to 2016-06-30202,275,000shares91
2016-01-01 to 2016-06-30202,208,000shares182
2016-01-01 to 2016-03-31202,136,000shares91
2015-10-01 to 2015-12-31201,376,000shares92
2015-01-01 to 2015-12-31186,388,000shares365
2015-07-01 to 2015-09-30191,803,000shares92
2015-01-01 to 2015-09-30181,350,000shares273
2015-04-01 to 2015-06-30174,876,000shares91
2015-01-01 to 2015-06-30175,971,000shares181
2015-01-01 to 2015-03-31177,072,000shares90
2014-01-01 to 2014-12-31189,463,000shares365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2016-01-01 to 2016-12-31-4.2USD/shares366
2016-07-01 to 2016-09-300.65USD/shares92
2016-01-01 to 2016-09-301.46USD/shares274
2016-04-01 to 2016-06-300.08USD/shares91
2016-01-01 to 2016-06-300.81USD/shares182
2016-01-01 to 2016-03-310.72USD/shares91
2015-10-01 to 2015-12-310.7USD/shares92
2015-01-01 to 2015-12-315.57USD/shares365
2015-07-01 to 2015-09-303.56USD/shares92
2015-01-01 to 2015-09-304.96USD/shares273
2015-04-01 to 2015-06-300.65USD/shares91
2015-01-01 to 2015-06-301.24USD/shares181
2015-01-01 to 2015-03-310.58USD/shares90
2014-01-01 to 2014-12-315.94USD/shares365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2016-10-01 to 2016-12-31-5.65USD/shares92
2016-01-01 to 2016-12-31-4.2USD/shares366
2016-07-01 to 2016-09-300.65USD/shares92
2016-01-01 to 2016-09-301.46USD/shares274
2016-04-01 to 2016-06-300.08USD/shares91
2016-01-01 to 2016-06-300.81USD/shares182
2016-01-01 to 2016-03-310.72USD/shares91
2015-10-01 to 2015-12-310.7USD/shares92
2015-01-01 to 2015-12-315.55USD/shares365
2015-07-01 to 2015-09-303.53USD/shares92
2015-01-01 to 2015-09-304.93USD/shares273
2015-04-01 to 2015-06-300.65USD/shares91
2015-01-01 to 2015-06-301.23USD/shares181
2015-01-01 to 2015-03-310.58USD/shares90
2014-01-01 to 2014-12-315.91USD/shares365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2016-10-01 to 2016-12-31-6,600,000USD92
2016-01-01 to 2016-12-31203,500,000USD366
2016-07-01 to 2016-09-3054,500,000USD92
2016-01-01 to 2016-09-30210,100,000USD274
2016-04-01 to 2016-06-30111,200,000USD91
2016-01-01 to 2016-06-30155,600,000USD182
2016-01-01 to 2016-03-3144,400,000USD91
2015-10-01 to 2015-12-31-15,800,000USD92
2015-01-01 to 2015-12-31-538,000,000USD365
2015-07-01 to 2015-09-30-581,900,000USD92
2015-01-01 to 2015-09-30-522,200,000USD273
2015-04-01 to 2015-06-3036,900,000USD91
2015-01-01 to 2015-06-3059,700,000USD181
2015-01-01 to 2015-03-3122,800,000USD90
2014-01-01 to 2014-12-31-432,400,000USD365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2016-12-31191,100,000USD
At 2015-12-31196,300,000USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2016-10-01 to 2016-12-31178,300,000USD92
2016-01-01 to 2016-12-31753,200,000USD366
2016-07-01 to 2016-09-30188,300,000USD92
2016-01-01 to 2016-09-30574,900,000USD274
2016-04-01 to 2016-06-30191,600,000USD91
2016-01-01 to 2016-06-30386,600,000USD182
2016-01-01 to 2016-03-31195,000,000USD91
2015-10-01 to 2015-12-31197,600,000USD92
2015-01-01 to 2015-12-31731,400,000USD365
2015-07-01 to 2015-09-30193,300,000USD92
2015-01-01 to 2015-09-30533,800,000USD273
2015-04-01 to 2015-06-30168,800,000USD91
2015-01-01 to 2015-06-30340,500,000USD181
2015-01-01 to 2015-03-31171,700,000USD90
2014-01-01 to 2014-12-31715,100,000USD365

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2016-12-31685,400,000USD
At 2016-09-301,043,700,000USD
At 2016-06-301,044,100,000USD
At 2016-03-311,060,000,000USD
At 2015-12-311,063,200,000USD
At 2015-09-30999,000,000USD
At 2015-06-30426,900,000USD
At 2015-03-31424,600,000USD
At 2014-12-31432,300,000USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2016-12-31140,700,000USD
At 2015-12-31166,100,000USD
At 2014-12-3116,400,000USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2015-01-01 to 2015-12-31531,800,000USD365
2015-01-01 to 2015-09-30531,800,000USD273
2015-01-01 to 2015-06-30392,700,000USD181
2015-01-01 to 2015-03-31331,700,000USD90
2014-01-01 to 2014-12-31775,500,000USD365

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2016-10-01 to 2016-12-31341,300,000USD92
2016-01-01 to 2016-12-311,283,500,000USD366
2016-07-01 to 2016-09-30302,800,000USD92
2016-01-01 to 2016-09-30942,200,000USD274
2016-04-01 to 2016-06-30309,300,000USD91
2016-01-01 to 2016-06-30639,400,000USD182
2016-01-01 to 2016-03-31330,100,000USD91
2015-10-01 to 2015-12-31351,800,000USD92
2015-01-01 to 2015-12-311,121,100,000USD365
2015-07-01 to 2015-09-30327,500,000USD92
2015-01-01 to 2015-09-30769,300,000USD273
2015-04-01 to 2015-06-30219,200,000USD91
2015-01-01 to 2015-06-30441,800,000USD181
2015-01-01 to 2015-03-31222,600,000USD90
2014-01-01 to 2014-12-31900,100,000USD365

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2016-01-01 to 2016-12-311,221,700,000USD366
2015-01-01 to 2015-12-311,049,500,000USD365
2014-01-01 to 2014-12-31867,300,000USD365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2016-12-31202,087,672shares
At 2015-12-31201,021,508shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2016-12-318,765,800,000USD
At 2016-09-308,758,200,000USD
At 2016-06-308,749,800,000USD
At 2016-03-318,739,400,000USD
At 2015-12-318,718,100,000USD
At 2015-09-308,683,400,000USD
At 2015-06-308,615,600,000USD
At 2015-03-318,598,000,000USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2016-12-31-140,100,000USD
At 2016-09-30-104,200,000USD
At 2016-06-30-107,600,000USD
At 2016-03-31-117,400,000USD
At 2015-12-31-142,100,000USD
At 2015-09-30-170,600,000USD
At 2015-06-30-158,700,000USD
At 2015-03-31-163,100,000USD
At 2014-12-31-133,900,000USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2016-12-3110,003,100,000USD
At 2016-09-3011,204,900,000USD
At 2016-06-3011,093,300,000USD
At 2016-03-3111,092,100,000USD
At 2015-12-3110,945,200,000USD
At 2015-09-3010,774,000,000USD
At 2015-06-308,794,300,000USD
At 2015-03-318,747,200,000USD
At 2014-12-319,052,600,000USD
At 2013-12-318,850,000,000USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2016-12-3114,935,500,000USD
At 2016-09-3014,684,000,000USD
At 2016-06-3015,583,600,000USD
At 2016-03-3115,981,600,000USD
At 2015-12-3116,350,300,000USD
At 2015-09-3017,043,800,000USD
At 2015-06-3014,098,200,000USD
At 2015-03-3114,243,600,000USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2016-12-31140,700,000USD
At 2016-09-30147,600,000USD
At 2016-06-30154,200,000USD
At 2016-03-31160,900,000USD
At 2015-12-31166,100,000USD
At 2015-09-30194,800,000USD
At 2015-06-3014,100,000USD
At 2015-03-3114,800,000USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2016-01-01 to 2016-12-3120,900,000USD366
2016-07-01 to 2016-09-30148,700,000USD92
2016-01-01 to 2016-09-30453,300,000USD274
2016-04-01 to 2016-06-30199,200,000USD91
2016-01-01 to 2016-06-30304,600,000USD182
2016-01-01 to 2016-03-31105,400,000USD91
2015-10-01 to 2015-12-3149,200,000USD92
2015-01-01 to 2015-12-31186,000,000USD365
2015-07-01 to 2015-09-3023,700,000USD92
2015-01-01 to 2015-09-30136,800,000USD273
2015-04-01 to 2015-06-3068,800,000USD91
2015-01-01 to 2015-06-30113,100,000USD181
2015-01-01 to 2015-03-3144,300,000USD90
2014-01-01 to 2014-12-31244,500,000USD365

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2016-01-01 to 2016-12-31-848,000,000USD366
2015-01-01 to 2015-12-311,034,000,000USD365
2014-01-01 to 2014-12-311,120,300,000USD365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2016-01-01 to 2016-12-31-846,000,000USD366
2015-01-01 to 2015-12-311,025,900,000USD365
2014-01-01 to 2014-12-311,058,800,000USD365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2016-01-01 to 2016-12-3125,600,000USD366
2015-01-01 to 2015-12-3113,300,000USD365
2014-01-01 to 2014-12-311,400,000USD365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2016-01-01 to 2016-12-31983,500,000USD366
2016-01-01 to 2016-09-30136,400,000USD274
2016-01-01 to 2016-06-3087,900,000USD182
2016-01-01 to 2016-03-3166,700,000USD91
2015-01-01 to 2015-12-31-572,900,000USD365
2015-01-01 to 2015-09-30-564,400,000USD273
2015-01-01 to 2015-06-3051,500,000USD181
2015-01-01 to 2015-03-3120,600,000USD90
2014-01-01 to 2014-12-31-433,500,000USD365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2016-01-01 to 2016-12-3161,200,000USD366
2016-01-01 to 2016-09-3049,900,000USD274
2016-01-01 to 2016-06-30-6,400,000USD182
2016-01-01 to 2016-03-31-200,000USD91
2015-01-01 to 2015-12-31-9,500,000USD365
2015-01-01 to 2015-09-30-26,400,000USD273
2015-01-01 to 2015-06-30-17,700,000USD181
2015-01-01 to 2015-03-31-14,000,000USD90
2014-01-01 to 2014-12-31-21,600,000USD365

Inspect the source

Entity
CIT GROUP INC / CIK 0001171825
Captured
SEC response SHA-256
cb16a4f77a441ed68a775915c8b0bfbb0930e9c215aa22fb538201368b73650c

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001171825.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))