XML 87 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 89.3 $ 119.0
Accounts receivable, less allowances of $8.2 and $8.8, respectively 195.1 202.6
Inventories, net 235.4 219.4
Unbilled contract revenue 88.5 86.1
Prepaid expenses 15.9 17.8
Other current assets 26.9 28.7
Total Current Assets 651.1 673.6
Property, plant, and equipment, net 399.3 404.6
Goodwill 841.2 844.9
Identifiable intangible assets, net 512.4 529.1
Investments 8.1 13.4
Other assets 10.9 15.8
TOTAL ASSETS 2,423.0 2,481.4
Current Liabilities    
Accounts payable 120.3 125.0
Customer advances and billings in excess of contract revenue 124.3 127.8
Accrued salaries, wages, and benefits 28.8 41.5
Accrued income taxes 13.0 11.8
Current portion of warranty reserve 10.7 10.4
Short-term debt and current portion of long-term debt 12.9 16.3
Operating lease liabilities, current 5.4 6.3
Other current liabilities 42.7 39.2
Total Current Liabilities 358.1 378.3
Long-term debt 741.5 761.0
Long-term deferred tax liabilities 52.6 52.1
Accrued pension liabilities 10.0 10.2
Operating lease liabilities, non-current 26.6 27.8
Other long-term liabilities 19.3 19.6
Total Liabilities 1,208.1 1,249.0
Equity    
Common stock, par value $0.01 per share – 150,000,000 shares authorized, 35,950,085 and 35,799,994 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 0.4 0.4
Additional paid-in capital 766.0 762.8
Treasury stock; 760,782 shares at March 31, 2020 (19.3) 0.0
Retained earnings 508.8 500.3
Accumulated other comprehensive loss (45.8) (35.9)
Total Chart Industries, Inc. Shareholders’ Equity 1,210.1 1,227.6
Noncontrolling interests 4.8 4.8
Total Equity 1,214.9 1,232.4
TOTAL LIABILITIES AND EQUITY $ 2,423.0 $ 2,481.4