CommScope Holding Company Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
VISN$4.12-25.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except share amounts)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Cash and cash equivalents | $543.8 | $373.0 |
| Accounts receivable, net of allowance for doubtful accounts of $32.2 and $50.1, respectively | 815.2 | 1,178.2 |
| Inventories, net | 1,079.7 | 1,376.0 |
| Prepaid expenses and other current assets | 145.4 | 177.1 |
| Current assets held for sale | 278.6 | 621.8 |
| Total current assets | 2,862.7 | 3,726.1 |
| Property, plant and equipment, net of accumulated depreciation of $866.1 and $849.3, respectively | 500.6 | 601.0 |
| Goodwill | 3,514.4 | 4,072.4 |
| Other intangible assets, net | 1,582.7 | 1,915.1 |
| Deferred income taxes | 615.6 | 494.6 |
| Other noncurrent assets | 295.9 | 275.4 |
| Noncurrent assets held for sale | — | 600.8 |
| Total assets | $9,371.9 | $11,685.4 |
| Liabilities and Stockholders' Deficit | ||
| Accounts payable | $435.9 | $684.3 |
| Accrued and other liabilities | 634.3 | 868.6 |
| Current portion of long-term debt | 32.0 | 32.0 |
| Current liabilities held for sale | 307.2 | 522.6 |
| Total current liabilities | 1,409.4 | 2,107.5 |
| Long-term debt | 9,246.6 | 9,469.6 |
| Deferred income taxes | 110.7 | 115.5 |
| Other noncurrent liabilities | 411.9 | 355.9 |
| Noncurrent liabilities held for sale | — | 82.6 |
| Total liabilities | 11,178.6 | 12,131.1 |
| Commitments and contingencies | ||
| Series A convertible preferred stock, $0.01 par value | 1,162.1 | 1,100.3 |
| Stockholders' deficit: | ||
| Preferred stock, $0.01 par value: Authorized shares: 200,000,000; | ||
| Issued and outstanding shares: 1,162,085 and 1,100,310, respectively,Series A convertible preferred stock | — | — |
| Common stock, $0.01 par value: Authorized shares: 1,300,000,000; Issued and outstanding shares: 212,108,634 and 208,371,426, respectively | 2.3 | 2.2 |
| Additional paid-in capital | 2,550.4 | 2,542.9 |
| Accumulated deficit | (4,953.1) | (3,502.2) |
| Accumulated other comprehensive loss | (266.7) | (296.3) |
| Treasury stock, at cost: 14,424,126 shares and 12,726,695 shares, respectively | (301.7) | (292.6) |
| Total stockholders' deficit | (2,968.8) | (1,546.0) |
| Total liabilities and stockholders' deficit | $9,371.9 | $11,685.4 |
See notes to consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.