Balance Sheet
| Year Ending Dec 2023 (Update) | Year Ending Dec 2022 (Update) | Year Ending Dec 2021 (Update) | Year Ending Dec 2020 (Update) | |
|---|---|---|---|---|
| Cash & Equivalents | 210.11 | 147.51 | 118.27 | 146.07 |
| Cash and Short Term Investments | 210.11 | 147.51 | 118.27 | 146.07 |
| Accounts Receivable - Trade, Gross | 819.33 | 765.41 | 709.77 | 542.38 |
| Provision for Doubtful Accounts | -21.50 | -18.30 | -11.32 | -7.09 |
| Accounts Receivable - Trade, Net | 797.83 | 747.11 | 698.46 | 535.29 |
| Total Receivables, Net | 797.83 | 747.11 | 698.46 | 535.29 |
| Total Inventory | 1.35M | 1.37M | 1.12M | 781.30 |
| Other Current Assets | 36.70 | 33.95 | 29.21 | 21.79 |
| Other Current Assets, Total | 36.70 | 33.95 | 29.21 | 21.79 |
| Total Current Assets | 2.39M | 2.30M | 1.96M | 1.48M |
| Buildings - Gross | 100.09 | 93.03 | 85.86 | 80.88 |
| Land/Improvements - Gross | 0.68 | 0.68 | 0.68 | 0.74 |
| Machinery/Equipment - Gross | 155.50 | 144.84 | 129.51 | 111.65 |
| Other Property/Plant/Equipment - Gross | 470.06 | 400.67 | 337.29 | 271.95 |
| Property/Plant/Equipment, Total - Gross | 726.32 | 639.22 | 553.34 | 465.22 |
| Accumulated Depreciation, Total | -221.35 | -196.48 | -173.79 | -157.82 |
| Property/Plant/Equipment, Total - Net | 504.98 | 442.74 | 379.55 | 307.39 |
| Goodwill, Net | 457.15 | 430.71 | 434.02 | 412.49 |
| Intangibles - Gross | 288.07 | 240.79 | 247.79 | 225.26 |
| Accumulated Intangible Amortization | -69.92 | -65.60 | -60.89 | -55.33 |
| Intangibles, Net | 218.15 | 175.19 | 186.90 | 169.93 |
| LT Investment - Affiliate Companies | 146.24 | 132.80 | 114.81 | 97.85 |
| Long Term Investments | 146.24 | 132.80 | 114.81 | 97.85 |
| Other Long Term Assets | 10.74 | 8.03 | 9.19 | 12.25 |
| Other Long Term Assets, Total | 10.74 | 8.03 | 9.19 | 12.25 |
| Total Assets | 3.73M | 3.49M | 3.09M | 2.48M |
| Accounts Payable | 369.40 | 456.13 | 364.19 | 251.55 |
| Accrued Expenses | 337.94 | 390.52 | 359.96 | 234.02 |
| Notes Payable/Short Term Debt | -- | -- | -- | -- |
| Current Portion of Long Term Debt/Capital Leases | 4.68 | 59.88 | 2.57 | 1.57 |
| Other Current Liabilities | ||||
| Other Current liabilities, Total | ||||
| Total Current Liabilities | 712.01 | 906.52 | 726.72 | 487.15 |
| Long Term Debt | 15.40 | -- | 89.00 | -- |
| Capital Lease Obligations | 12.21 | 11.39 | 9.19 | 4.81 |
| Total Long Term Debt | 27.61 | 11.39 | 98.19 | 4.81 |
| Total Debt | 32.29 | 71.27 | 100.76 | 6.38 |
| Deferred Income Tax - Long Term Liability | 87.86 | 81.36 | 68.65 | 73.10 |
| Deferred Income Tax | 87.86 | 81.36 | 68.65 | 73.10 |
| Minority Interest | 386.35 | 359.04 | 332.47 | 293.08 |
| Other Long Term Liabilities | 285.51 | 240.67 | 194.88 | 139.53 |
| Other Liabilities, Total | 285.51 | 240.67 | 194.88 | 139.53 |
| Total Liabilities | 1.50M | 1.60M | 1.42M | 997.67 |
| Convertible Preferred Stock – Non-Redeemable | -- | |||
| Preferred Stock - Non Redeemable, Net | -- | |||
| Common Stock | 22.13 | 21.81 | 21.84 | 21.70 |
| Common Stock, Total | 22.13 | 21.81 | 21.84 | 21.70 |
| Additional Paid-In Capital | 1.15M | 973.06 | 1.00M | 950.92 |
| Retained Earnings (Accumulated Deficit) | 1.18M | 1.03M | 760.80 | 636.37 |
| Treasury Stock - Common | -86.63 | -87.44 | -87.44 | -87.44 |
| Unrealized Gain (Loss) | -- | |||
| Cumulative Translation Adjustment | -42.33 | -47.71 | -34.18 | -34.69 |
| Other Comprehensive Income | -- | -- | -0.17 | |
| Other Equity, Total | -42.33 | -47.71 | -34.18 | -34.87 |
| Total Equity | 2.23M | 1.89M | 1.66M | 1.49M |
| Total Liabilities & Shareholders' Equity | 3.73M | 3.49M | 3.09M | 2.48M |
| Shares Outstanding – Common Stock Primary Issue | 38.71 | 38.11 | 37.88 | 37.70 |
| Shares Outstanding - Common Issue 2 | 5.56 | 5.51 | 5.79 | 5.69 |
| Total Common Shares Outstanding | 44.27 | 43.62 | 43.67 | 43.39 |
| Treasury Shares – Common Primary Issue | 4.78 | 4.82 | 4.82 | 4.82 |
| Treasury Shares - Common Issue 2 | 0.05 | 0.05 | 0.05 | 0.05 |
| Employees | 7.35M | 7.20M | 6.85M | 5.80M |
| Number of Common Shareholders | 445.00 | 260.00 | 389.00 | 376.00 |
| Accumulated Intangible Amortization | 69.92 | 65.60 | 60.89 | 55.33 |
| Total Current Assets less Inventory | 1.04M | 928.57 | 845.93 | 703.15 |
| Quick Ratio | 1.47 | 1.02 | 1.16 | 1.44 |
| Current Ratio | 3.36 | 2.54 | 2.70 | 3.05 |
| Net Debt | 208.53 | 282.80 | 314.96 | 153.40 |
| Tangible Book Value | 1.55M | 1.28M | 1.04M | 904.26 |
| Tangible Book Value per Share | 35.12 | 29.42 | 23.91 | 20.84 |
| Total Operating Leases | 372.50 | 319.26 | 268.95 | 209.76 |
| Operating Lease Payments Due in Year 1 | 111.59 | 97.73 | 89.32 | 77.17 |
| Operating Lease Payments Due in Year 2 | 95.95 | 76.56 | 71.99 | 62.29 |
| Operating Lease Payments Due in Year 3 | 77.90 | 59.36 | 49.25 | 44.93 |
| Operating Lease Payments Due in Year 4 | 51.70 | 44.04 | 32.00 | 25.05 |
| Operating Lease Payments Due in Year 5 | 32.61 | 25.27 | 19.66 | 9.71 |
| Operating Lease Payments Due in Year 6 | 26.84 | |||
| Operating Lease Payments Due in 2-3 Years | 173.84 | 135.93 | 121.23 | 107.22 |
| Operating Lease Payments Due in 4-5 Years | 84.31 | 69.31 | 51.66 | 34.76 |
| Standardized Operating Lease Payments Due in Year 6 and Beyond | 2.76 | 16.30 | 6.74 | -9.39 |
Source: LSEG
In millions of USD (except for per share items)
