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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 247.4 $ 188.3
Accounts receivable, less allowances of $5.1 and $5.9, respectively 748.5 758.9
Inventories, net 554.6 576.3
Unbilled contract revenue 661.4 481.7
Prepaid expenses 101.4 74.9
Other current assets 131.4 134.3
Total Current Assets 2,444.7 2,214.4
Property, plant, and equipment, net 872.9 837.6
Goodwill 2,929.6 2,906.8
Identifiable intangible assets, net 2,645.4 2,791.9
Equity method investments 104.6 109.9
Investments in equity securities 102.0 91.2
Other assets 178.3 150.6
TOTAL ASSETS 9,277.5 9,102.4
Current Liabilities    
Accounts payable 906.3 811.0
Customer advances and billings in excess of contract revenue 378.1 376.6
Accrued salaries, wages, and benefits 65.5 81.5
Accrued interest 91.4 92.5
Accrued income taxes 39.2 60.0
Current portion of warranty reserve 26.7 29.4
Current portion of long-term debt 259.8 258.5
Operating lease liabilities, current 18.6 18.5
Other current liabilities 140.6 138.2
Total Current Liabilities 1,926.2 1,866.2
Long-term debt 3,729.0 3,576.4
Long-term deferred tax liabilities 569.5 568.2
Accrued pension liabilities 6.7 6.7
Operating lease liabilities, non-current 50.1 50.7
Other long-term liabilities 86.9 95.2
Total Liabilities 6,368.4 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 June 30, 2024 and December 31, 2023 0.0 0.0
Common stock, par value $0.01 per share — 150,000,000 shares authorized, 42,804,031 and 42,754,241 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 0.4 0.4
Additional paid-in capital 1,879.7 1,872.5
Treasury stock; 760,782 shares at both June 30, 2024 and December 31, 2023 (19.3) (19.3)
Retained earnings 978.3 922.1
Accumulated other comprehensive (loss) income (90.0) 10.8
Total Chart Industries, Inc. Shareholders’ Equity 2,749.1 2,786.5
Noncontrolling interests 160.0 152.5
Total Equity 2,909.1 2,939.0
TOTAL LIABILITIES AND EQUITY $ 9,277.5 $ 9,102.4