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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 340.1 $ 488.3
Accounts receivable, net 475.4 492.0
Inventories 1,060.5 968.3
Other current assets 264.4 215.6
Total current assets 2,140.4 2,164.2
Property, plant and equipment, net 586.1 599.7
Goodwill 751.9 582.6
Intangible assets, net 449.2 330.5
Operating lease assets 105.1 91.7
Deferred tax assets 280.1 297.2
Other long-term assets 193.6 184.0
Total assets 4,506.4 4,249.9
Current liabilities:    
Current portion of long-term debt 21.2 121.2
Accounts payable 199.1 202.7
Deferred revenue and customer advances 485.2 400.0
Other current liabilities 477.0 478.2
Total current liabilities 1,182.5 1,202.1
Long-term debt 1,357.3 1,160.3
Long-term deferred revenue and customer advances 105.6 91.5
Deferred tax liabilities 81.8 67.7
Operating lease liabilities 85.7 74.8
Accrued pension 76.0 76.6
Other long-term liabilities 166.7 163.6
Total liabilities 3,055.6 2,836.6
Commitments and contingencies (Note 16)
Redeemable noncontrolling interests 17.9 18.7
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, 176,113,521 and 175,943,705 shares issued and 145,334,642 and 145,164,826 shares outstanding at March 31, 2024 and December 31, 2023, respectively. 1.7 1.7
Treasury stock, at cost, 30,778,879 shares at March 31, 2024, and December 31, 2023, respectively (1,237.2) (1,237.2)
Additional paid-in capital 291.1 282.9
Retained earnings 2,367.4 2,323.8
Accumulated other comprehensive (loss) income, net of tax (7.7) 6.0
Total shareholders' equity attributable to Bruker Corporation 1,415.3 1,377.2
Noncontrolling interests in consolidated subsidiaries 17.6 17.4
Total shareholders' equity 1,432.9 1,394.6
Total liabilities, redeemable noncontrolling interests and shareholders' equity $ 4,506.4 $ 4,249.9