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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 188.3 $ 663.6
Restricted cash 12.8 1,941.7
Accounts receivable, less allowances of $5.9 and $4.5, respectively 758.9 278.4
Inventories, net 576.3 357.9
Unbilled contract revenue 481.7 133.7
Prepaid expenses 74.9 37.5
Insurance receivable 0.0 234.4
Other current assets 121.5 43.7
Total Current Assets 2,214.4 3,690.9
Property, plant and equipment, net 837.6 430.0
Goodwill 2,906.8 992.0
Identifiable intangible assets, net 2,791.9 535.3
Equity method investments 109.9 93.0
Investments in equity securities 91.2 96.5
Other assets 150.6 64.2
TOTAL ASSETS 9,102.4 5,901.9
Current Liabilities    
Accounts payable 811.0 211.1
Customer advances and billings in excess of contract revenue 376.6 170.6
Accrued salaries, wages and benefits 81.5 31.5
Accrued interest 92.5 10.2
Accrued income taxes 60.0 3.5
Current portion of warranty reserve 29.4 4.1
Current portion of long-term debt 258.5 256.9
Operating lease liabilities, current 18.5 5.4
Accrued legal settlement 0.0 305.6
Other current liabilities 138.2 82.7
Total Current Liabilities 1,866.2 1,081.6
Long-term debt 3,576.4 2,039.8
Long-term deferred tax liabilities 568.2 46.1
Accrued pension liabilities 6.7 0.9
Operating lease liabilities, non-current 50.7 15.6
Other long-term liabilities 95.2 33.6
Total Liabilities 6,163.4 3,217.6
Equity    
Preferred stock, par value $0.01 per share, $1,000 aggregate liquidation preference — 10,000,000 shares authorized, 402,500 shares issued and outstanding at December 31, 2023 and 2022, respectively 0.0 0.0
Common stock, par value $0.01 per share — 150,000,000 shares authorized, 42,754,241 and 42,563,032 shares issued and outstanding at December 31, 2023 and 2022, respectively 0.4 0.4
Additional paid-in capital 1,872.5 1,850.2
Treasury stock; 760,782 shares at both December 31, 2023 and 2022 (19.3) (19.3)
Retained earnings 922.1 902.2
Accumulated other comprehensive income (loss) 10.8 (58.0)
Total Chart Industries, Inc. Shareholders' Equity 2,786.5 2,675.5
Noncontrolling interests 152.5 8.8
Total Equity 2,939.0 2,684.3
Total Liabilities and Equity $ 9,102.4 $ 5,901.9