TEREX CORP
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
View on SEC.govAbout this filing
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
TEX$58.05+5.6%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
Consolidated Balance Sheet
(in millions, except par value)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $370.7 | $304.1 |
| Receivables (net of allowance of $8.3 and $9.4 at December 31, 2023 and 2022, respectively) | 547.8 | 547.5 |
| Inventories | 1,186.0 | 988.4 |
| Prepaid and other current assets | 140.7 | 122.0 |
| Total current assets | 2,245.2 | 1,962.0 |
| Non-current assets | ||
| Property, plant and equipment – net | 569.8 | 465.6 |
| Goodwill | 294.6 | 284.4 |
| Intangible assets – net | 15.7 | 17.4 |
| Other assets | 490.2 | 388.7 |
| Total assets | $3,615.5 | $3,118.1 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Current portion of long-term debt | $2.8 | $1.9 |
| Trade accounts payable | 702.6 | 624.6 |
| Accrued compensation and benefits | 135.6 | 103.0 |
| Other current liabilities | 278.2 | 269.1 |
| Total current liabilities | 1,119.2 | 998.6 |
| Non-current liabilities | ||
| Long-term debt, less current portion | 620.4 | 773.6 |
| Other non-current liabilities | 203.6 | 164.7 |
| Total liabilities | 1,943.2 | 1,936.9 |
| Commitments and contingencies | ||
| Stockholders’ equity | ||
| Common stock, $.01 par value – authorized 300.0 shares; issued 84.6 and 84.0 shares at December 31, 2023 and 2022, respectively | 0.9 | 0.9 |
| Additional paid-in capital | 906.1 | 881.6 |
| Retained earnings | 1,674.8 | 1,200.6 |
| Accumulated other comprehensive income (loss) | (287.1) | (341.6) |
| Less cost of shares of common stock in treasury – 18.5 and 17.2 shares at December 31, 2023 and 2022, respectively | (622.4) | (560.3) |
| Total stockholders’ equity | 1,672.3 | 1,181.2 |
| Total liabilities and stockholders’ equity | $3,615.5 | $3,118.1 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.