$SJM
J M SMUCKER Co Stock $sjm

$sjm Overview Financials Valuation SEC Filings Company Website

2018 Q4 Form 10-Q Financial Statement

#000009141918000011 Filed on November 28, 2018

Income Statement

Concept	2018 Q4	2017 Q4
Revenue	$2.022B	$1.924B
YoY Change	5.09%	0.51%
Cost Of Revenue	$1.250B	$1.169B
YoY Change	6.98%	-0.2%
Gross Profit	$771.3M	$755.0M
YoY Change	2.16%	1.63%
Gross Profit Margin	38.15%	39.25%
Selling, General & Admin	$382.4M	$359.5M
YoY Change	6.37%	-0.99%
% of Gross Profit	49.58%	47.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$111.2M	$102.2M
YoY Change	8.81%	-2.48%
% of Gross Profit	14.42%	13.54%
Operating Expenses	$382.4M	$359.5M
YoY Change	6.37%	-0.99%
Operating Profit	$330.5M	$332.1M
YoY Change	-0.48%	9.5%
Interest Expense	-$53.60M	-$41.60M
YoY Change	28.85%	1.46%
% of Operating Profit	-16.22%	-12.53%
Other Income/Expense, Net	-$7.500M	$1.300M
YoY Change	-676.92%	-59.38%
Pretax Income	$269.4M	$291.8M
YoY Change	-7.68%	9.91%
Income Tax	$80.90M	$97.20M
% Of Pretax Income	30.03%	33.31%
Net Earnings	$188.5M	$194.6M
YoY Change	-3.13%	9.76%
Net Earnings / Revenue	9.32%	10.12%
Basic Earnings Per Share	$1.66	$1.71
Diluted Earnings Per Share	$1.66	$1.71
COMMON SHARES
Basic Shares Outstanding	113.2M shares	113.0M shares
Diluted Shares Outstanding	113.2M shares	113.0M shares

Balance Sheet

Concept	2018 Q4	2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$171.0M	$180.0M
YoY Change	-5.0%	47.54%
Cash & Equivalents	$171.2M	$180.3M
Short-Term Investments
Other Short-Term Assets	$87.90M	$112.2M
YoY Change	-21.66%	-18.22%
Inventory	$966.2M	$1.012B
Prepaid Expenses
Receivables	$561.9M	$481.6M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.787B	$1.786B
YoY Change	0.08%	-1.07%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.819B	$1.616B
YoY Change	12.56%	1.83%
Goodwill	$6.475B	$6.087B
YoY Change	6.38%	0.11%
Intangibles	$6.926B	$6.051B
YoY Change	14.45%	-5.26%
Long-Term Investments
YoY Change
Other Assets	$13.57B	$12.30B
YoY Change	10.31%	-2.89%
Total Long-Term Assets	$15.39B	$13.92B
YoY Change	10.57%	-2.36%
TOTAL ASSETS
Total Short-Term Assets	$1.787B	$1.786B
Total Long-Term Assets	$15.39B	$13.92B
Total Assets	$17.17B	$15.70B
YoY Change	9.38%	-2.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$552.4M	$507.4M
YoY Change	8.87%	16.43%
Accrued Expenses	$119.0M	$138.0M
YoY Change	-13.77%	-23.33%
Deferred Revenue
YoY Change
Short-Term Debt	$390.0M	$463.9M
YoY Change	-15.93%	14.26%
Long-Term Debt Due		$499.6M
YoY Change
Total Short-Term Liabilities	$1.435B	$1.855B
YoY Change	-22.65%	41.97%
LONG-TERM LIABILITIES
Long-Term Debt	$5.885B	$4.294B
YoY Change	37.05%	-13.17%
Other Long-Term Liabilities	$299.3M	$344.9M
YoY Change	-13.22%	-9.57%
Total Long-Term Liabilities	$7.710B	$6.811B
YoY Change	13.19%	-10.05%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.435B	$1.855B
Total Long-Term Liabilities	$7.710B	$6.811B
Total Liabilities	$9.144B	$8.666B
YoY Change	5.52%	-2.39%
SHAREHOLDERS EQUITY
Retained Earnings	$2.368B	$1.384B
YoY Change	71.09%	-3.46%
Common Stock	$5.750B	$5.738B
YoY Change	0.21%	-2.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares	32.70M shares	32.90M shares
Shareholders Equity	$8.030B	$7.036B
YoY Change
Total Liabilities & Shareholders Equity	$17.17B	$15.70B
YoY Change	9.38%	-2.22%

Cashflow Statement

Concept	2018 Q4	2017 Q4
OPERATING ACTIVITIES
Net Income	$188.5M	$194.6M
YoY Change	-3.13%	9.76%
Depreciation, Depletion And Amortization	$111.2M	$102.2M
YoY Change	8.81%	-2.48%
Cash From Operating Activities	$202.9M	$130.3M
YoY Change	55.72%	-4.47%
INVESTING ACTIVITIES
Capital Expenditures	-$77.80M	-$60.40M
YoY Change	28.81%	78.7%
Acquisitions
YoY Change
Other Investing Activities	$390.4M	-$7.800M
YoY Change	-5105.13%
Cash From Investing Activities	$312.6M	-$68.20M
YoY Change	-558.36%	101.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-534.3M	-61.10M
YoY Change	774.47%	-30.49%
NET CHANGE
Cash From Operating Activities	202.9M	130.3M
Cash From Investing Activities	312.6M	-68.20M
Cash From Financing Activities	-534.3M	-61.10M
Net Change In Cash	-18.80M	1.000M
YoY Change	-1980.0%	-93.2%
FREE CASH FLOW
Cash From Operating Activities	$202.9M	$130.3M
Capital Expenditures	-$77.80M	-$60.40M
Free Cash Flow	$280.7M	$190.7M
YoY Change	47.19%	12.04%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	sjm	Cost Of Products Sold Special Project Costs CostOfProductsSoldSpecialProjectCosts	1600000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--04-30
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
	dei	Document Period End Date DocumentPeriodEndDate	2018-10-31
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	6400000	USD
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.350
	dei	Entity Central Index Key EntityCentralIndexKey	0000091419
CY2018Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	113758133	shares
	dei	Entity Registrant Name EntityRegistrantName	J M SMUCKER Co
CY2017Q4	sjm	Cost Of Products Sold Special Project Costs CostOfProductsSoldSpecialProjectCosts	900000	USD
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Document Type DocumentType	10-Q
CY2018Q4	sjm	Cost Of Products Sold Special Project Costs CostOfProductsSoldSpecialProjectCosts	0	USD
	sjm	Cost Of Products Sold Special Project Costs CostOfProductsSoldSpecialProjectCosts	0	USD
CY2018	sjm	Cumulative Net Mark To Market Valuation Of Certain Derivative Positions Recognized In Unallocated Derivative Gains Losses CumulativeNetMarkToMarketValuationOfCertainDerivativePositionsRecognizedInUnallocatedDerivativeGainsLosses	1700000	USD
	sjm	Cumulative Net Mark To Market Valuation Of Certain Derivative Positions Recognized In Unallocated Derivative Gains Losses CumulativeNetMarkToMarketValuationOfCertainDerivativePositionsRecognizedInUnallocatedDerivativeGainsLosses	-20400000	USD
CY2018	sjm	Income Tax Expense Benefit Related To Discrete Impacts In Tax Law IncomeTaxExpenseBenefitRelatedToDiscreteImpactsInTaxLaw	765800000	USD
	sjm	Increase Decrease In Income Taxes Excluding Deferred Income Taxes IncreaseDecreaseInIncomeTaxesExcludingDeferredIncomeTaxes	-46800000	USD
	sjm	Increase Decrease In Income Taxes Excluding Deferred Income Taxes IncreaseDecreaseInIncomeTaxesExcludingDeferredIncomeTaxes	18500000	USD
	sjm	Money Market Funds Maturity Period MoneyMarketFundsMaturityPeriod	three months or less
CY2017Q4	sjm	Net Gain Loss On Derivative Positions Reclassified From Derivative Gains Losses To Segment Operating Profit NetGainLossOnDerivativePositionsReclassifiedFromDerivativeGainsLossesToSegmentOperatingProfit	-19300000	USD
	sjm	Net Gain Loss On Derivative Positions Reclassified From Derivative Gains Losses To Segment Operating Profit NetGainLossOnDerivativePositionsReclassifiedFromDerivativeGainsLossesToSegmentOperatingProfit	-25000000	USD
CY2018Q4	sjm	Net Gain Loss On Derivative Positions Reclassified From Derivative Gains Losses To Segment Operating Profit NetGainLossOnDerivativePositionsReclassifiedFromDerivativeGainsLossesToSegmentOperatingProfit	-2300000	USD
	sjm	Net Gain Loss On Derivative Positions Reclassified From Derivative Gains Losses To Segment Operating Profit NetGainLossOnDerivativePositionsReclassifiedFromDerivativeGainsLossesToSegmentOperatingProfit	-6500000	USD
CY2017Q4	sjm	Net Mark To Market Valuation Of Certain Derivative Positions Recognized In Unallocated Derivative Gains Losses NetMarkToMarketValuationOfCertainDerivativePositionsRecognizedInUnallocatedDerivativeGainsLosses	9700000	USD
	sjm	Net Mark To Market Valuation Of Certain Derivative Positions Recognized In Unallocated Derivative Gains Losses NetMarkToMarketValuationOfCertainDerivativePositionsRecognizedInUnallocatedDerivativeGainsLosses	22300000	USD
CY2018Q4	sjm	Net Mark To Market Valuation Of Certain Derivative Positions Recognized In Unallocated Derivative Gains Losses NetMarkToMarketValuationOfCertainDerivativePositionsRecognizedInUnallocatedDerivativeGainsLosses	-100000	USD
	sjm	Net Mark To Market Valuation Of Certain Derivative Positions Recognized In Unallocated Derivative Gains Losses NetMarkToMarketValuationOfCertainDerivativePositionsRecognizedInUnallocatedDerivativeGainsLosses	-22100000	USD
CY2018Q4	sjm	Number Of Banks NumberOfBanks	11	Bank
	sjm	Number Of Industries In Which Company Operates NumberOfIndustriesInWhichCompanyOperates	1	Industry
CY2018Q4	sjm	Other Investment Municipal Bond Matured In Fifth Year And Beyond OtherInvestmentMunicipalBondMaturedInFifthYearAndBeyond	31500000	USD
CY2018Q4	sjm	Other Investment Municipal Bond Matured In Fourth Year OtherInvestmentMunicipalBondMaturedInFourthYear	1000000	USD
CY2018Q4	sjm	Other Investment Municipal Bond Matured In One Year OtherInvestmentMunicipalBondMaturedInOneYear	1400000	USD
CY2018Q4	sjm	Other Investment Municipal Bond Matured In Second Year OtherInvestmentMunicipalBondMaturedInSecondYear	900000	USD
CY2018Q4	sjm	Other Investment Municipal Bond Matured In Third Year OtherInvestmentMunicipalBondMaturedInThirdYear	1000000	USD
CY2017Q4	sjm	Other Special Project Costs OtherSpecialProjectCosts	9700000	USD
	sjm	Other Special Project Costs OtherSpecialProjectCosts	36800000	USD
CY2018Q4	sjm	Other Special Project Costs OtherSpecialProjectCosts	25400000	USD
	sjm	Other Special Project Costs OtherSpecialProjectCosts	33100000	USD
	sjm	Percentofproductsalesattributabletoprimaryreportablesegment Percentofproductsalesattributabletoprimaryreportablesegment	0.75
CY2017Q4	sjm	Segment Reporting Information Segment Profit SegmentReportingInformationSegmentProfit	460100000	USD
	sjm	Segment Reporting Information Segment Profit SegmentReportingInformationSegmentProfit	831400000	USD
CY2018Q4	sjm	Segment Reporting Information Segment Profit SegmentReportingInformationSegmentProfit	489200000	USD
	sjm	Segment Reporting Information Segment Profit SegmentReportingInformationSegmentProfit	878100000	USD
	sjm	Time Period Over Which It Is Reasonably Possible That Company Could Increase Or Decrease Its Unrecognized Tax Benefits TimePeriodOverWhichItIsReasonablyPossibleThatCompanyCouldIncreaseOrDecreaseItsUnrecognizedTaxBenefits	P12M
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CY2018Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	385600000	USD
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	561900000	USD
CY2018Q2	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	101600000	USD
CY2018Q4	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	119200000	USD
CY2018Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1527200000	USD
CY2018Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1524300000	USD
CY2017Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-143400000	USD
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CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-116400000	USD
CY2018Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	5739700000	USD
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CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	166800000	USD
CY2018Q2	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	812600000	USD
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CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	180300000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	192600000	USD
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CY2018Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.85
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CY2018Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
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CY2018Q2	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	28900000	USD
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CY2017Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	187600000	USD
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CY2018Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	190900000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	321800000	USD
CY2018Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	212100000	USD
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CY2017Q4	us-gaap	Cost Of Goods Sold CostOfGoodsSold	1168600000	USD
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CY2018Q2	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	4700000000	USD
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CY2018Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	1377200000	USD
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	us-gaap	Depreciation Depreciation	102900000	USD
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	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	0	USD
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CY2018Q2	us-gaap	Goodwill Goodwill	5942200000	USD
CY2018Q4	us-gaap	Goodwill Goodwill	6474700000	USD
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	us-gaap	Gross Profit GrossProfit	1417100000	USD
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	us-gaap	Gross Profit GrossProfit	1449500000	USD
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CY2018Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	80900000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	121000000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	54700000	USD
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	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	60400000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-19400000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-17600000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-5300000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	25700000	USD
CY2018Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	5916500000	USD
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	6925500000	USD
CY2017Q4	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-41600000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-83600000	USD
CY2018Q4	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-53600000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-107200000	USD
CY2017Q4	us-gaap	Interest Paid InterestPaid	78900000	USD
	us-gaap	Interest Paid InterestPaid	83500000	USD
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	3800000	USD
CY2018Q4	us-gaap	Interest Paid InterestPaid	84100000	USD
	us-gaap	Interest Paid InterestPaid	107400000	USD
CY2018Q2	us-gaap	Inventory Finished Goods And Work In Process InventoryFinishedGoodsAndWorkInProcess	542100000	USD
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CY2018Q4	us-gaap	Margin Deposit Assets MarginDepositAssets	18600000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-321200000	USD
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	us-gaap	Net Income Loss NetIncomeLoss	321400000	USD
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	us-gaap	Net Income Loss NetIncomeLoss	321500000	USD
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	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	319700000	USD
CY2018Q4	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	187500000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	319800000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	4	Segment
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	us-gaap	Operating Income Loss OperatingIncomeLoss	567300000	USD
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	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	4100000	USD
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	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	600000	USD
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	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-5700000	USD
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	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-3200000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	800000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	2400000	USD
CY2018Q4	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	6100000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent	8200000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-13100000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	21900000	USD
CY2018Q4	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-5600000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-11700000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	28200000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Before Tax OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax	-400000	USD
CY2017Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-7000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	29700000	USD
CY2018Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	2400000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	300000	USD
CY2018Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	276100000	USD
CY2018Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	372900000	USD
CY2018Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	311100000	USD
CY2018Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	299300000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-2300000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-3000000	USD
CY2017Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1300000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2900000	USD
CY2018Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-7500000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-7700000	USD
CY2017Q4	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-2100000	USD
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-1600000	USD
CY2018Q4	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	26700000	USD
	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	26900000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-23700000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	8900000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	6700000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	5000000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	173400000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	184900000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	1903000000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	130000000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	179100000	USD
	us-gaap	Pension Contributions PensionContributions	800000	USD
	us-gaap	Pension Contributions PensionContributions	0	USD
	us-gaap	Proceeds From Divestiture Of Businesses ProceedsFromDivestitureOfBusinesses	0	USD
	us-gaap	Proceeds From Divestiture Of Businesses ProceedsFromDivestitureOfBusinesses	372100000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1500000000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-1100000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	100000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	10000000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	246000000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	3256300000	USD
CY2018Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	3343000000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1729100000	USD
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1818700000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax	-5600000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax	-4500000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	150000000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	300000000	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2239200000	USD
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2367600000	USD
CY2017Q4	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	1923600000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	3672500000	USD
CY2018Q4	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	2021500000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	3924000000	USD
CY2017Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	359500000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	708300000	USD
CY2018Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	382400000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	765700000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	12700000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	10500000	USD
CY2018Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	144000000	USD
CY2018Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	390000000	USD
CY2018Q4	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit	9700000	USD
CY2018Q4	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	3600000	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	7891100000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	8030000000	USD
CY2018Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	32900000	shares
CY2018Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	32700000	shares
CY2017Q4	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	1100000	USD
CY2018Q4	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	1000000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	1700000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	1700000	USD
CY2017Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2018Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2017Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	113000000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	113000000	shares
CY2018Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	113200000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	113100000	shares
CY2017Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	113000000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	113000000	shares
CY2018Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	113200000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	113100000	shares
	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contingencies</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We, like other food manufacturers, are from time to time subject to various administrative, regulatory, and other legal proceedings arising in the ordinary course of business. We are currently a defendant in a variety of such legal proceedings, including certain lawsuits related to companies that we have acquired, some of which we anticipate settling in the near future. While we cannot predict with certainty the ultimate results of these proceedings or potential settlements associated with these matters, we have accrued losses for certain contingent liabilities that we have determined are probable and reasonably estimable at October 31, 2018. Based on the information known to date, with the exception of the matter discussed below, we do not believe the final outcome of these proceedings will have a material adverse effect on our financial position, results of operations, or cash flows.</font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 9, 2011, an organization named Council for Education and Research on Toxics (“Plaintiff”) filed a lawsuit in the Superior Court of the State of California, County of Los Angeles, against us and additional defendants who manufacture, package, distribute, or sell packaged coffee. The lawsuit is Council for Education and Research on Toxics v. Brad Barry LLC, et al., and was a tag along to a 2010 lawsuit against companies selling “ready-to-drink” coffee based on the same claims. Both cases have since been consolidated and now include nearly eighty defendants, which constitute the great majority of the coffee industry in California. The Plaintiff alleges that we and the other defendants failed to provide warnings for our coffee products of exposure to the chemical acrylamide as required under California Health and Safety Code Section 25249.5, the California Safe Drinking Water and Toxic Enforcement Act of 1986, commonly referred to as “Proposition 65.” The Plaintiff seeks equitable relief, including providing warnings to consumers of coffee products, as well as civil penalties in the amount of the statutory maximum of $2,500.00 per day per violation of Proposition 65. The Plaintiff asserts that every consumed cup of coffee, absent a compliant warning, is equivalent to a violation under Proposition 65. </font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As part of a joint defense group organized to defend against the lawsuit, we dispute the claims of the Plaintiff. Acrylamide is not added to coffee but is inherently present in all coffee in small amounts (measured in parts per billion) as a byproduct of the coffee bean roasting process. We have asserted multiple affirmative defenses. Trial of the first phase of the case commenced on September 8, 2014, and was limited to three affirmative defenses shared by all defendants. On September 1, 2015, the trial court issued a final ruling adverse to the defendants on all Phase 1 defenses. Trial of the second phase of the case commenced in the fall of calendar year 2017. On March 28, 2018, the trial court issued a proposed ruling adverse to the defendants on the Phase 2 defense, our last remaining defense to liability. The trial court finalized and affirmed its Phase 2 ruling on May 7, 2018, and therefore, the trial on the third phase regarding remedies issues was scheduled to commence on October 15, 2018. The trial did not proceed on the scheduled date as further described below.</font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On June 15, 2018, the state agency responsible for administering the Proposition 65 program, the California Office of Environmental Health Hazard Assessment (“OEHHA”), issued a proposed regulation clarifying that cancer warnings are not required for coffee under Proposition 65. The defendants requested that the California Court of Appeals stay the trial on remedies until a final determination has been made on OEHHA’s proposed regulation. The California Court of Appeals granted such stay on October 12, 2018, and requested an update of the proposed regulation on January 15, 2019. If the proposed regulation becomes final, the lawsuit will likely be dismissed. At this stage of the proceedings, prior to a trial on remedies issues, we are unable to predict or reasonably estimate the potential loss or effect on our operations. Accordingly, no loss contingency has been recorded for this matter as of October 31, 2018, as the likelihood of loss is not considered probable or estimable. The trial court has discretion to impose zero penalties against us or to impose significant statutory penalties if the case proceeds. Significant labeling or warning requirements that could potentially be imposed by the trial court may increase our costs and adversely affect sales of our coffee products, as well as involve substantial expense and operational disruption, which could have a material adverse impact on our financial position, results of operations, or cash flows. Furthermore, a future appellate court decision could reverse the trial court rulings. The outcome and the financial impact of settlement, the trial, or the appellate court rulings of the case, if any, cannot be predicted at this time.</font></div></div>

Files In Submission

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$SJM
J M SMUCKER Co Stock $sjm

2018 Q4 Form 10-Q Financial Statement

#000009141918000011 Filed on November 28, 2018

Income Statement

Balance Sheet

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Facts In Submission

Files In Submission

$SJM J M SMUCKER Co Stock $sjm

2018 Q4 Form 10-Q Financial Statement

#000009141918000011 Filed on November 28, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SJM
J M SMUCKER Co Stock $sjm