Leonardo DRS Inc
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
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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, 2024 · Filed Oct 30, 2024
DRS$34.04+3.2%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (Unaudited) | ||
|---|---|---|
| (Dollars in millions, except per share amounts) | September 30, 2024 | December 31, 2023 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $198 | $467 |
| Accounts receivable, net | 237 | 151 |
| Contract assets | 997 | 908 |
| Inventories | 363 | 329 |
| Prepaid expenses | 29 | 21 |
| Other current assets | 36 | 42 |
| Total current assets | 1,860 | 1,918 |
| Noncurrent assets: | ||
| Property, plant and equipment, net | 415 | 402 |
| Intangible assets, net | 138 | 151 |
| Goodwill | 1,238 | 1,238 |
| Deferred tax assets | 124 | 123 |
| Other noncurrent assets | 86 | 89 |
| Total noncurrent assets | 2,001 | 2,003 |
| Total assets | $3,861 | $3,921 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Short-term borrowings and current portion of long-term debt | $22 | $57 |
| Accounts payable | 292 | 398 |
| Contract liabilities | 315 | 335 |
| Other current liabilities | 251 | 288 |
| Total current liabilities | 880 | 1,078 |
| Noncurrent liabilities: | ||
| Long-term debt | 345 | 349 |
| Pension and other postretirement benefit plan liabilities | 34 | 36 |
| Deferred tax liabilities | 6 | 4 |
| Other noncurrent liabilities | 122 | 129 |
| Total noncurrent liabilities | 507 | 518 |
| Commitments and contingencies (Note 13) | ||
| Shareholders' equity: | ||
| Preferred stock, $0.01 par value: 10,000,000 shares authorized; none issued | — | — |
| Common stock, $0.01 par value: 350,000,000 shares authorized; 264,308,455 and 262,525,390 issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 3 | 3 |
| Additional paid-in capital | 5,200 | 5,175 |
| Accumulated deficit | (2,682) | (2,806) |
| Accumulated other comprehensive loss | (47) | (47) |
| Total shareholders' equity | 2,474 | 2,325 |
| Total liabilities and shareholders' equity | $3,861 | $3,921 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.