XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 310.2 $ 188.3
Accounts receivable, less allowances of $5.2 and $5.9, respectively 805.6 758.9
Inventories, net 539.4 576.3
Unbilled contract revenue 680.2 481.7
Prepaid expenses 98.8 74.9
Other current assets 114.1 134.3
Total Current Assets 2,548.3 2,214.4
Property, plant, and equipment, net 888.8 837.6
Goodwill 2,987.7 2,906.8
Identifiable intangible assets, net 2,660.4 2,791.9
Equity method investments 103.9 109.9
Investments in equity securities 116.2 91.2
Other assets 193.1 150.6
TOTAL ASSETS 9,498.4 9,102.4
Current Liabilities    
Accounts payable 1,010.1 811.0
Customer advances and billings in excess of contract revenue 366.0 376.6
Accrued salaries, wages, and benefits 66.0 81.5
Accrued interest 74.4 92.5
Accrued income taxes 54.4 60.0
Current portion of warranty reserve 17.5 29.4
Current portion of long-term debt 260.7 258.5
Operating lease liabilities, current 20.4 18.5
Other current liabilities 132.9 138.2
Total Current Liabilities 2,002.4 1,866.2
Long-term debt 3,623.9 3,576.4
Deferred tax liabilities 571.8 568.2
Accrued pension liabilities 7.1 6.7
Operating lease liabilities, non-current 61.7 50.7
Other long-term liabilities 96.1 95.2
Total Liabilities 6,363.0 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 September 30, 2024 and December 31, 2023 0.0 0.0
Common stock, par value $0.01 per share — 150,000,000 shares authorized, 42,809,385 and 42,754,241 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 0.4 0.4
Additional paid-in capital 1,883.6 1,872.5
Treasury stock; 760,782 shares at both September 30, 2024 and December 31, 2023 (19.3) (19.3)
Retained earnings 1,040.6 922.1
Accumulated other comprehensive income 65.9 10.8
Total Chart Industries, Inc. Shareholders’ Equity 2,971.2 2,786.5
Noncontrolling interests 164.2 152.5
Total Equity 3,135.4 2,939.0
TOTAL LIABILITIES AND EQUITY $ 9,498.4 $ 9,102.4