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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 120.7 $ 119.0
Accounts receivable, less allowances of $8.5 and $8.6, respectively 163.6 191.6
Inventories, net 237.6 210.0
Unbilled contract revenue 97.1 86.1
Prepaid expenses 15.3 17.5
Other current assets 24.8 27.8
Total Current Assets 728.5 673.6
Property, plant, and equipment, net 396.0 397.8
Goodwill 817.6 811.4
Identifiable intangible assets, net 488.7 522.4
Investments 9.7 13.4
Other assets 12.4 15.8
TOTAL ASSETS 2,452.9 2,481.4
Current Liabilities    
Accounts payable 107.7 120.8
Customer advances and billings in excess of contract revenue 124.7 127.7
Accrued salaries, wages, and benefits 32.3 40.0
Accrued income taxes 14.5 11.8
Current portion of warranty reserve 10.7 10.2
Short-term debt and current portion of long-term debt 11.3 16.3
Operating lease liabilities, current 5.3 6.3
Other current liabilities 40.5 39.3
Current liabilities of discontinued operations 5.9 5.9
Total Current Liabilities 352.9 378.3
Long-term debt 695.4 761.0
Long-term deferred tax liabilities 56.1 52.1
Accrued pension liabilities 8.1 10.2
Operating lease liabilities, non-current 25.6 27.8
Other long-term liabilities 22.7 19.4
Non-current liabilities of discontinued operations 0.0 0.2
Total Liabilities 1,160.8 1,249.0
Equity    
Common stock, par value $0.01 per share – 150,000,000 shares authorized, 36,047,415 and 35,799,994 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 0.4 0.4
Additional paid-in capital 772.4 762.8
Treasury stock; 760,782 shares at September 30, 2020 (19.3) 0.0
Retained earnings 550.6 500.3
Accumulated other comprehensive loss (17.9) (35.9)
Total Chart Industries, Inc. Shareholders’ Equity 1,286.2 1,227.6
Noncontrolling interests 5.9 4.8
Total Equity 1,292.1 1,232.4
TOTAL LIABILITIES AND EQUITY $ 2,452.9 $ 2,481.4