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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 488.3 $ 645.5
Accounts receivable, net 492.0 472.7
Inventories 968.3 800.1
Assets held for sale 0.0 1.4
Other current assets 215.6 193.5
Total current assets 2,164.2 2,113.2
Property, plant and equipment, net 599.7 487.0
Goodwill 582.6 457.6
Intangible assets, net 330.5 270.9
Operating lease assets 91.7 51.2
Deferred tax assets 297.2 76.8
Other long-term assets 184.0 155.1
Total assets 4,249.9 3,611.8
Current liabilities:    
Current portion of long-term debt 121.2 18.7
Accounts payable 202.7 178.4
Deferred revenue and customer advances 400.0 370.2
Other current liabilities 478.2 347.0
Total current Liabilities 1,202.1 914.3
Long-term debt 1,160.3 1,200.5
Long-term deferred revenue and customer advances 91.5 101.6
Deferred tax liabilities 67.7 62.3
Operating lease liabilities 74.8 34.8
Accrued pension 76.6 45.7
Other long-term liabilities 163.6 120.8
Total Liabilities 2,836.6 2,480.0
Commitments and contingencies (Note 18)
Redeemable noncontrolling interests 18.7 6.1
Shareholders' equity:    
Preferred stock, $0.01 par value 5,000,000 shares authorized, none issued or outstanding at December 31, 2023 and 2022 0.0 0.0
Common stock, $0.01 par value 260,000,000 shares authorized, 175,943,705 and 175,389,586 shares issued and 145,164,826 and 147,023,144 outstanding at December 31, 2023 and 2022, respectively 1.7 1.7
Treasury stock at cost, 30,778,879 and 28,366,442 shares at December 31, 2023 and 2022, respectively (1,237.2) (1,085.0)
Additional paid-in capital 282.9 256.3
Retained earnings 2,323.8 1,926.0
Accumulated other comprehensive income, net of tax 6.0 14.8
Total shareholders' equity attributable to Bruker Corporation 1,377.2 1,113.8
Noncontrolling interests in consolidated subsidiaries 17.4 11.9
Total shareholders' equity 1,394.6 1,125.7
Total liabilities, redeemable noncontrolling interest and shareholders' equity $ 4,249.9 $ 3,611.8