XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 597.9 $ 645.5
Accounts receivable, net 471.7 472.7
Inventories 858.8 800.1
Assets held for sale 0.0 1.4
Other current assets 204.6 193.5
Total current assets 2,133.0 2,113.2
Property, plant and equipment, net 510.9 487.0
Goodwill 527.3 457.6
Intangible assets, net 298.5 270.9
Other long-term assets 294.2 283.1
Total assets 3,763.9 3,611.8
Current liabilities:    
Current portion of long-term debt 120.1 18.7
Accounts payable 196.2 178.4
Deferred revenue and customer advances 397.8 370.2
Other current liabilities 334.4 347.0
Total current liabilities 1,048.5 914.3
Long-term debt 1,109.0 1,200.5
Other long-term liabilities 395.6 365.2
Commitments and contingencies (Note 14)
Redeemable noncontrolling interests 12.0 6.1
Shareholders' equity:    
Preferred stock, $0.01 par value 5,000,000 shares authorized, none issued or outstanding 0.0 0.0
Common stock, $0.01 par value 260,000,000 shares authorized, 175,443,006 and175,389,586 shares issued and 146,761,246 and 147,023,144 shares outstanding at March 31, 2023 and December 31, 2022, respectively 1.7 1.7
Treasury stock, at cost, 28,681,760 and 28,366,442 shares at March 31, 2023 and December 31, 2022, respectively (1,107.2) (1,085.0)
Accumulated other comprehensive income, net of tax 29.6 14.8
Other shareholders' equity 2,256.2 2,182.3
Total shareholders' equity attributable to Bruker Corporation 1,180.3 1,113.8
Noncontrolling interests in consolidated subsidiaries 18.5 11.9
Total shareholders' equity 1,198.8 1,125.7
Total liabilities, redeemable noncontrolling interests and shareholders' equity $ 3,763.9 $ 3,611.8