HERSHEY CO
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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FY2023 · Filed Feb 20, 2024
HSY$173.95+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
(in thousands, except share data)
| December 31, | 2023 | 2022 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $401,902 | $463,889 |
| Accounts receivable—trade, net | 823,617 | 711,203 |
| Inventories | 1,340,996 | 1,173,119 |
| Prepaid expenses and other | 345,588 | 272,195 |
| Total current assets | 2,912,103 | 2,620,406 |
| Property, plant and equipment, net | 3,309,678 | 2,769,702 |
| Goodwill | 2,696,050 | 2,606,956 |
| Other intangibles | 1,879,229 | 1,966,269 |
| Other non-current assets | 1,061,427 | 944,989 |
| Deferred income taxes | 44,454 | 40,498 |
| Total assets | $11,902,941 | $10,948,820 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,086,183 | $970,558 |
| Accrued liabilities | 867,815 | 832,518 |
| Accrued income taxes | 29,457 | 6,710 |
| Short-term debt | 719,839 | 693,790 |
| Current portion of long-term debt | 305,058 | 753,578 |
| Total current liabilities | 3,008,352 | 3,257,154 |
| Long-term debt | 3,789,132 | 3,343,977 |
| Other long-term liabilities | 660,673 | 719,742 |
| Deferred income taxes | 345,698 | 328,403 |
| Total liabilities | 7,803,855 | 7,649,276 |
| Stockholders’ equity: | ||
| The Hershey Company stockholders’ equity | ||
| Preferred stock, shares issued: none in 2023 and 2022 | — | — |
| Common stock, shares issued: 166,939,511 in 2023 and 163,439,248 in 2022 | 166,939 | 163,439 |
| Class B common stock, shares issued: 54,613,514 in 2023 and 58,113,777 in 2022 | 54,614 | 58,114 |
| Additional paid-in capital | 1,345,580 | 1,296,572 |
| Retained earnings | 4,562,263 | 3,589,781 |
| Treasury—common stock shares, at cost: 17,160,099 in 2023 and 16,588,308 in 2022 | (1,800,232) | (1,556,029) |
| Accumulated other comprehensive loss | (230,078) | (252,333) |
| Total stockholders’ equity | 4,099,086 | 3,299,544 |
| Total liabilities and stockholders’ equity | $11,902,941 | $10,948,820 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.