Allegion plc
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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FY2023 · Filed Feb 20, 2024
ALLE$190.52+2.8%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
| As of December 31, | 2023 | 2022 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $468.1 | $288.0 |
| Accounts and notes receivable, net | 412.8 | 395.6 |
| Inventories | 438.5 | 479.0 |
| Current tax receivable | 8.9 | 8.3 |
| Other current assets | 32.6 | 40.2 |
| Assets held for sale | — | 3.5 |
| Total current assets | 1,360.9 | 1,214.6 |
| Property, plant and equipment, net | 358.1 | 308.7 |
| Goodwill | 1,443.1 | 1,413.1 |
| Intangible assets, net | 572.8 | 608.9 |
| Deferred and noncurrent income taxes | 292.9 | 227.6 |
| Other noncurrent assets | 283.7 | 218.3 |
| Total assets | $4,311.5 | $3,991.2 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $259.2 | $280.7 |
| Accrued compensation and benefits | 134.8 | 134.7 |
| Accrued expenses and other current liabilities | 258.2 | 247.9 |
| Current tax payable | 14.9 | 27.7 |
| Short-term borrowings and current maturities of long-term debt | 412.6 | 12.6 |
| Total current liabilities | 1,079.7 | 703.6 |
| Long-term debt | 1,602.4 | 2,081.9 |
| Postemployment and other benefit liabilities | 44.1 | 40.1 |
| Deferred and noncurrent income taxes | 93.6 | 101.6 |
| Other noncurrent liabilities | 173.4 | 119.5 |
| Total liabilities | 2,993.2 | 3,046.7 |
| Equity: | ||
| Allegion plc shareholders’ equity | ||
| Ordinary shares, $0.01 par value (87,504,673 and 87,852,777 shares issued and outstanding at December 31, 2023 and 2022, respectively) | 0.9 | 0.9 |
| Capital in excess of par value | — | 13.9 |
| Retained earnings | 1,578.9 | 1,212.8 |
| Accumulated other comprehensive loss | (261.5) | (285.8) |
| Total Allegion plc shareholders’ equity | 1,318.3 | 941.8 |
| Noncontrolling interests | — | 2.7 |
| Total equity | 1,318.3 | 944.5 |
| Total liabilities and equity | $4,311.5 | $3,991.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.