Crane NXT, Co.
For the period ended Jun 30, 2025. Filed Aug 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 6, 2025
CXT$59.65+3.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
| (in millions) | June 30,2025 | December 31,2024 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $152.5 | $165.8 |
| Accounts receivable, net of allowance for credit losses of $9.2 as of June 30, 2025 and $7.7 as of December 31, 2024 | 308.8 | 265.9 |
| U.S. and foreign taxes on income | 16.2 | 8.6 |
| Inventories, net: | ||
| Finished goods | 43.7 | 19.2 |
| Finished parts and subassemblies | 22.5 | 24.3 |
| Work in process | 31.1 | 14.3 |
| Raw materials | 93.0 | 87.0 |
| Inventories, net | 190.3 | 144.8 |
| Other current assets | 75.4 | 57.4 |
| Total current assets | 743.2 | 642.5 |
| Property, plant and equipment: | ||
| Cost | 676.3 | 599.8 |
| Less: accumulated depreciation | 366.8 | 327.5 |
| Property, plant and equipment, net | 309.5 | 272.3 |
| Long-term deferred tax assets | 1.1 | 2.2 |
| Intangible assets, net | 592.3 | 419.3 |
| Goodwill | 1,167.8 | 956.6 |
| Other assets | 103.8 | 93.6 |
| Total assets | $2,917.7 | $2,386.5 |
CONDENSED CONSOLIDATED BALANCE SHEETS
| (in millions, except per share and share data) | June 30,2025 | December 31,2024 |
|---|---|---|
| Liabilities and equity | ||
| Current liabilities: | ||
| Short-term borrowings | $267.4 | $210.0 |
| Accounts payable | 104.1 | 116.6 |
| Accrued liabilities | 233.4 | 211.2 |
| U.S. and foreign taxes on income | 14.2 | 24.6 |
| Total current liabilities | 619.1 | 562.4 |
| Long-term debt | 861.8 | 540.6 |
| Accrued pension and postretirement benefits | 21.5 | 19.4 |
| Long-term deferred tax liability | 153.6 | 119.0 |
| Other liabilities | 85.0 | 80.2 |
| Total liabilities | 1,741.0 | 1,321.6 |
| Commitments and contingencies (Note 12) | ||
| Equity: | ||
| Preferred shares, par value $0.01; 5,000,000 shares authorized | — | — |
| Common shares, par value $1.00; 200,000,000 shares authorized | 72.4 | 72.4 |
| Capital surplus | 1,712.7 | 1,719.9 |
| Retained earnings | 295.5 | 268.4 |
| Accumulated other comprehensive loss | (92.0) | (172.6) |
| Treasury stock | (813.7) | (823.2) |
| Total shareholders’ equity | 1,174.9 | 1,064.9 |
| Noncontrolling interest | 1.8 | — |
| Total equity | 1,176.7 | 1,064.9 |
| Total liabilities and equity | $2,917.7 | $2,386.5 |
| Share data: | ||
| Common shares issued | 72,441,647 | 72,441,647 |
| Less: Common shares held in treasury | 15,054,227 | 15,244,500 |
| Common shares outstanding | 57,387,420 | 57,197,147 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.