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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 166.9 $ 663.6
Restricted cash 2.5 1,941.7
Accounts receivable, less allowances of $4.7 and $4.5, respectively 747.1 278.4
Inventories, net 601.8 357.9
Unbilled contract revenue 392.6 133.7
Prepaid expenses 104.0 37.5
Insurance receivable 0.0 234.4
Other current assets 148.4 43.7
Total Current Assets 2,163.3 3,690.9
Property, plant, and equipment, net 727.2 430.0
Goodwill 2,933.2 992.0
Identifiable intangible assets, net 3,105.8 535.3
Equity method investments 104.7 93.0
Investments in equity securities 94.6 96.5
Other assets 120.0 64.2
TOTAL ASSETS 9,248.8 5,901.9
Current Liabilities    
Accounts payable 670.1 211.1
Customer advances and billings in excess of contract revenue 453.5 170.6
Accrued salaries, wages, and benefits 90.4 31.5
Accrued income taxes 35.1 3.5
Current portion of warranty reserve 32.3 4.1
Current portion of long-term debt 273.4 256.9
Operating lease liabilities, current 14.3 5.4
Accrued legal settlement 0.0 305.6
Other current liabilities 163.5 92.9
Total Current Liabilities 1,732.6 1,081.6
Long-term debt 4,051.6 2,039.8
Long-term deferred tax liabilities 656.9 46.1
Accrued pension liabilities 7.1 0.9
Operating lease liabilities, non-current 52.0 15.6
Other long-term liabilities 41.7 33.6
Total Liabilities 6,541.9 3,217.6
Equity    
Preferred stock, par value $0.01 per share, $1,000 aggregate liquidation preference — 10,000,000 shares authorized, 402,500 and 402,500 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 0.0 0.0
Common stock, par value $0.01 per share – 150,000,000 shares authorized, 42,725,897 and 42,563,032 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 0.4 0.4
Additional paid-in capital 1,863.4 1,850.2
Treasury stock; 760,782 shares at both March 31, 2023 and December 31, 2022 (19.3) (19.3)
Retained earnings 880.1 902.2
Accumulated other comprehensive loss (53.9) (58.0)
Total Chart Industries, Inc. Shareholders’ Equity 2,670.7 2,675.5
Noncontrolling interests 36.2 8.8
Total Equity 2,706.9 2,684.3
TOTAL LIABILITIES AND EQUITY $ 9,248.8 $ 5,901.9