XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 483.5 $ 598.7
Accounts receivable 985.3 969.3
Unbilled accounts receivable 417.7 443.2
Inventories 1,671.5 1,642.1
Other current assets 221.0 226.5
Total current assets 3,779.0 3,879.8
Property, plant and equipment, net 1,575.5 1,601.6
Goodwill 8,625.7 8,485.2
Other intangible assets, net 3,927.2 3,869.2
Other noncurrent assets 635.8 618.7
Total other assets 13,188.7 12,973.1
Total Assets 18,543.2 18,454.5
Current Liabilities    
Accounts payable 955.0 909.4
Customer deposits 640.7 642.7
Accrued compensation 261.5 242.3
Accrued warranty 235.6 240.1
Current portion of long-term debt 353.9 447.2
Other accrued liabilities 722.2 744.6
Total current liabilities 3,168.9 3,226.3
Long-term debt 3,923.3 3,792.2
Accrued postretirement and pension benefits 110.0 113.5
Deferred income taxes 186.4 168.4
Contingent consideration 218.6 218.1
Other long term liabilities 758.9 783.3
Total Liabilities 8,366.1 8,301.8
Commitments and contingencies (Note 15)
Equity    
Common stock, $.01 par value; 500.0 shares authorized: 226.9 shares issued and 188.9 outstanding at March 31, 2021 and December 31, 2020 2.0 2.0
Additional paid-in capital 7,883.9 7,880.6
Treasury stock, at cost, 38.0 shares, at March 31, 2021 and December 31, 2020 (1,011.1) (1,010.1)
Retained earnings 3,678.3 3,588.9
Accumulated other comprehensive loss (409.0) (339.1)
Total Westinghouse Air Brake Technologies Corporation shareholders’ equity 10,144.1 10,122.3
Noncontrolling interest 33.0 30.4
Total Equity 10,177.1 10,152.7
Total Liabilities and Equity $ 18,543.2 $ 18,454.5
Common stock, shares outstanding (in shares) 188.9 188.9
Common stock, shares issued (in shares) 226.9 226.9
Treasury stock, shares (in shares) 38.0 38.0