DOVER Corp
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 9, 2024
DOV$212.98+4.5%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
Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $398,561 | $380,868 |
| Receivables, net | 1,432,040 | 1,516,871 |
| Inventories, net | 1,225,452 | 1,366,608 |
| Prepaid and other current assets | 141,538 | 159,118 |
| Assets held for sale | 192,644 | — |
| Total current assets | 3,390,235 | 3,423,465 |
| Property, plant and equipment, net | 1,031,816 | 1,004,825 |
| Goodwill | 4,881,687 | 4,669,494 |
| Intangible assets, net | 1,483,913 | 1,333,735 |
| Other assets and deferred charges | 560,862 | 465,000 |
| Total assets | $11,348,513 | $10,896,519 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Short-term borrowings | $468,282 | $735,772 |
| Accounts payable | 958,542 | 1,068,144 |
| Accrued compensation and employee benefits | 272,507 | 269,785 |
| Deferred revenue | 211,292 | 256,933 |
| Accrued insurance | 86,174 | 92,876 |
| Other accrued expenses | 315,527 | 318,337 |
| Federal and other income taxes | 36,878 | 31,427 |
| Liabilities held for sale | 64,568 | — |
| Total current liabilities | 2,413,770 | 2,773,274 |
| Long-term debt | 2,991,759 | 2,942,513 |
| Deferred income taxes | 346,383 | 375,150 |
| Noncurrent income tax payable | 28,024 | 44,313 |
| Other liabilities | 461,972 | 474,903 |
| Stockholders' equity: | ||
| Preferred stock - $100 par value; 100,000 shares authorized; none issued | — | — |
| Common stock - $1 par value; 500,000,000 shares authorized; 259,841,534 and 259,643,756 shares issued at December 31, 2023 and 2022 | 259,842 | 259,644 |
| Additional paid-in capital | 886,690 | 867,560 |
| Retained earnings | 10,995,624 | 10,223,070 |
| Accumulated other comprehensive loss | (237,866) | (266,223) |
| Treasury stock, at cost: 119,945,271 and 119,945,271 shares at December 31, 2023 and 2022 | (6,797,685) | (6,797,685) |
| Total stockholders' equity | 5,106,605 | 4,286,366 |
| Total liabilities and stockholders' equity | $11,348,513 | $10,896,519 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.