Crane NXT, Co.
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
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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.
Sep 30, 2026 · Filed Nov 4, 2026
CXT$59.65+3.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| (in millions) | September 30,2026 | December 31,2025 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $251.1 | $233.8 |
| Accounts receivable, net of allowance for credit losses of $12.4 as of September 30, 2026 and $8.9 as of December 31, 2025 | 374.5 | 351.8 |
| U.S. and foreign taxes on income | 23.7 | 12.7 |
| Inventories, net: | ||
| Finished goods | 60.6 | 26.6 |
| Finished parts and subassemblies | 27.0 | 23.8 |
| Work in process | 32.6 | 29.4 |
| Raw materials | 96.6 | 89.7 |
| Inventories, net | 216.8 | 169.5 |
| Other current assets | 105.6 | 85.1 |
| Total current assets | 971.7 | 852.9 |
| Property, plant and equipment: | ||
| Cost | 735.4 | 688.9 |
| Less: accumulated depreciation | 407.5 | 385.1 |
| Property, plant and equipment, net | 327.9 | 303.8 |
| Long-term deferred tax assets | 18.3 | 2.5 |
| Investment in equity affiliates and joint ventures | 4.6 | 139.4 |
| Intangible assets, net | 724.4 | 557.2 |
| Goodwill | 1,420.0 | 1,164.0 |
| Other assets | 94.7 | 96.6 |
| Total assets | $3,561.6 | $3,116.4 |
CONDENSED CONSOLIDATED BALANCE SHEETS
| (in millions, except per share and share data) | September 30,2026 | December 31,2025 |
|---|---|---|
| Liabilities and equity | ||
| Current liabilities: | ||
| Short-term borrowings | $231.1 | $135.1 |
| Accounts payable | 114.4 | 132.3 |
| Contract liabilities | 158.4 | 87.3 |
| Accrued liabilities | 218.9 | 185.7 |
| U.S. and foreign taxes on income | 20.9 | 28.7 |
| Total current liabilities | 743.7 | 569.1 |
| Long-term debt | 1,151.4 | 1,004.4 |
| Accrued pension and postretirement benefits | 27.8 | 19.1 |
| Long-term deferred tax liability | 200.8 | 151.0 |
| Other liabilities | 124.6 | 116.0 |
| Total liabilities | 2,248.3 | 1,859.6 |
| Commitments and contingencies (Note 11) | ||
| Redeemable noncontrolling Interests | 20.6 | 6.9 |
| 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 | 1,714.7 | 1,716.5 |
| Retained earnings | 423.6 | 374.5 |
| Accumulated other comprehensive loss | (117.7) | (99.9) |
| Treasury stock | (800.7) | (810.5) |
| Total shareholders’ equity | 1,292.3 | 1,253.0 |
| Nonredeemable noncontrolling interests | 0.4 | (3.1) |
| Total equity | 1,292.7 | 1,249.9 |
| Total liabilities, redeemable noncontrolling interests, and equity | $3,561.6 | $3,116.4 |
| Share data: | ||
| Common shares issued | 72,441,647 | 72,441,647 |
| Less: Common shares held in treasury | 14,878,175 | 15,000,106 |
| Common shares outstanding | 57,563,472 | 57,441,541 |
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