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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Oct. 01, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 458.9 $ 380.5
Accounts receivable, less allowance for credit losses of $41.2 million and $40.5 million as of October 1, 2021 and December 31, 2020, respectively 473.8 447.1
Inventories:    
Finished goods 101.7 90.3
Work in process 24.2 19.9
Raw materials 137.9 123.5
Total inventories 263.8 233.7
Prepaid expenses and other current assets 124.6 120.8
Total current assets 1,321.1 1,182.1
Property, plant and equipment, net of accumulated depreciation of $251.0 million and $240.4 million as of October 1, 2021 and December 31, 2020, respectively 100.0 96.8
Operating lease right-of-use assets 46.0 40.1
Long-term financing receivables, less allowance for credit losses of $42.3 million and $44.4 million as of October 1, 2021 and December 31, 2020, respectively 242.7 233.5
Other intangible assets, net 631.5 250.5
Goodwill 1,664.8 1,092.1
Other assets 165.5 177.9
Total assets 4,171.6 3,073.0
Current liabilities:    
Short-term borrowings 4.5 10.9
Trade accounts payable 390.5 367.4
Current operating lease liabilities 12.8 11.9
Accrued expenses and other current liabilities 464.5 448.1
Total current liabilities 872.3 838.3
Long-term operating lease liabilities 36.2 30.5
Long-term debt 2,583.1 1,795.3
Other long-term liabilities 205.4 217.2
Commitments and Contingencies
Equity:    
Preferred stock, no par value -- 15,000,000 authorized shares; and none issued and outstanding 0.0 0.0
Common stock, $0.0001 par value -- 1,985,000,000 shares authorized at October 1, 2021 and December 31, 2020; 169,046,880 and 168,497,098 shares issued and outstanding at October 1, 2021 and December 31, 2020, respectively 0.0 0.0
Additional paid-in capital 22.6 7.6
Retained earnings (Accumulated deficit) 278.6 (13.6)
Accumulated other comprehensive income 169.4 193.8
Total Vontier stockholders’ equity 470.6 187.8
Noncontrolling interests 4.0 3.9
Total stockholders’ equity 474.6 191.7
Total liabilities and equity $ 4,171.6 $ 3,073.0