2018 Annual Report

ANNUAL REPORT 1
FISCAL HISTORY 2
GENUINE PARTS COMPANY 3
LETTER TO OUR SHAREHOLDERS 4
DIVIDENDS & SHARE REPURCHASES 5
IN MEMORIAM 5
AUTOMOTIVE PARTS GROUP 6
INDUSTRIAL PARTS GROUP 6
BUSINESS PRODUCTS GROUP 6
FORM 10-K 7
PART I 9
ITEM 1. BUSINESS 9
ITEM 1A. RISK FACTORS 15
ITEM 1B. UNRESOLVED STAFF COMMENTS. 22
ITEM 2. PROPERTIES 22
ITEM 3. LEGAL PROCEEDINGS 23
ITEM 4. MINE SAFETY DISCLOSURES 23
PART II 24
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES 24
ITEM 6. SELECTED FINANCIAL DATA 26
ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 26
OVERVIEW 26
RESULTS OF OPERATIONS 27
FINANCIAL CONDITION 32
LIQUIDITY AND CAPITAL RESOURCES 33
CRITICAL ACCOUNTING POLICIES 36
RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS 38
QUARTERLY RESULTS OF OPERATIONS 39
ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 39
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 40
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 40
ITEM 9A. CONTROLS AND PROCEDURES 40
ITEM 9B. OTHER INFORMATION 45
PART III 46
ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE 46
ITEM 11. EXECUTIVE COMPENSATION 47
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 47
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 48
ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES 48
PART IV 49
ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES 49
ITEM 16. FORM 10-K SUMMARY 52
SIGNATURES 53
FINANCIAL STATEMENTS 55
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS 55
Report of Independent Registered Public Accounting Firm 56
Consolidated Balance Sheets 57
Consolidated Statements of Income and Comprehensive Income 58
Consolidated Statements of Equity 59
Consolidated Statements of Cash Flows 60
Notes to Consolidated Financial Statements 61

RkJQdWJsaXNoZXIy NTIzNDI0