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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 191.9 $ 188.3
Accounts receivable, less allowances of $5.5 and $5.9, respectively 799.6 758.9
Inventories, net 572.3 576.3
Unbilled contract revenue 553.6 481.7
Prepaid expenses 121.0 74.9
Other current assets 132.9 134.3
Total Current Assets 2,371.3 2,214.4
Property, plant, and equipment, net 850.3 837.6
Goodwill 2,948.8 2,906.8
Identifiable intangible assets, net 2,711.3 2,791.9
Equity method investments 106.7 109.9
Investments in equity securities 95.3 91.2
Other assets 164.2 150.6
TOTAL ASSETS 9,247.9 9,102.4
Current Liabilities    
Accounts payable 868.8 811.0
Customer advances and billings in excess of contract revenue 389.8 376.6
Accrued salaries, wages, and benefits 67.1 81.5
Accrued interest 53.3 92.5
Accrued income taxes 52.6 60.0
Current portion of warranty reserve 31.1 29.4
Current portion of long-term debt 259.9 258.5
Operating lease liabilities, current 18.9 18.5
Other current liabilities 152.2 138.2
Total Current Liabilities 1,893.7 1,866.2
Long-term debt 3,731.8 3,576.4
Long-term deferred tax liabilities 573.1 568.2
Accrued pension liabilities 6.7 6.7
Operating lease liabilities, non-current 52.1 50.7
Other long-term liabilities 96.2 95.2
Total Liabilities 6,353.6 6,163.4
Equity    
Preferred stock, par value $0.01 per share, $1,000 aggregate liquidation preference — 10,000,000 shares authorized, 402,500 shares issued and outstanding at both March 31, 2024 and December 31, 2023 0.0 0.0
Common stock, par value $0.01 per share — 150,000,000 shares authorized, 42,799,791 and 42,754,241 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 0.4 0.4
Additional paid-in capital 1,875.8 1,872.5
Treasury stock; 760,782 shares at both March 31, 2024 and December 31, 2023 (19.3) (19.3)
Retained earnings 926.5 922.1
Accumulated other comprehensive (loss) income (44.9) 10.8
Total Chart Industries, Inc. Shareholders’ Equity 2,738.5 2,786.5
Noncontrolling interests 155.8 152.5
Total Equity 2,894.3 2,939.0
TOTAL LIABILITIES AND EQUITY $ 9,247.9 $ 9,102.4