Crane NXT Co
For the period ended Sep 30, 2024. Filed Nov 6, 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 Nov 6, 2024
CXT$58.52-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated and Condensed Balance Sheets
| (in millions) | September 30,2024 | December 31,2023 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $165.1 | $227.2 |
| Accounts receivable, net of allowance for credit losses of $9.5 as of September 30, 2024 and $11.8 as of December 31, 2023 | 215.2 | 214.9 |
| U.S. and foreign taxes on income | 18.0 | — |
| Inventories, net: | ||
| Finished goods | 30.7 | 35.6 |
| Finished parts and subassemblies | 25.8 | 22.7 |
| Work in process | 13.8 | 6.4 |
| Raw materials | 99.5 | 92.4 |
| Inventories, net | 169.8 | 157.1 |
| Other current assets | 62.5 | 45.2 |
| Total current assets | 630.6 | 644.4 |
| Property, plant and equipment: | ||
| Cost | 609.1 | 564.1 |
| Less: accumulated depreciation | 331.1 | 302.9 |
| Property, plant and equipment, net | 278.0 | 261.2 |
| Long-term deferred tax assets | 0.9 | 2.7 |
| Intangible assets, net | 440.2 | 308.9 |
| Goodwill | 965.4 | 841.2 |
| Other assets | 95.5 | 71.0 |
| Total assets | $2,410.6 | $2,129.4 |
CONSOLIDATED AND CONDENSED BALANCE SHEETS
| (in millions, except per share and share data) | September 30,2024 | December 31,2023 |
|---|---|---|
| Liabilities and equity | ||
| Current liabilities: | ||
| Short-term borrowings | $155.0 | $4.6 |
| Accounts payable | 108.4 | 106.5 |
| Accrued liabilities | 183.1 | 210.5 |
| U.S. and foreign taxes on income | 9.9 | 12.8 |
| Total current liabilities | 456.4 | 334.4 |
| Long-term debt | 638.2 | 640.3 |
| Accrued pension and postretirement benefits | 22.6 | 22.5 |
| Long-term deferred tax liability | 130.8 | 104.5 |
| Other liabilities | 91.9 | 63.7 |
| Total liabilities | 1,339.9 | 1,165.4 |
| Commitments and contingencies (Note 12) | ||
| Equity: | ||
| Preferred shares, par value $0.01; 5,000,000 shares authorized | — | — |
| Common shares, par value $1.00; 200,000,000 shares authorized, 72,441,647 shares issued | 72.4 | 72.4 |
| Capital surplus | 1,718.2 | 1,728.1 |
| Retained earnings | 220.0 | 120.9 |
| Accumulated other comprehensive loss | (115.6) | (118.6) |
| Treasury stock | (824.3) | (838.8) |
| Total equity | 1,070.7 | 964.0 |
| Total liabilities and equity | $2,410.6 | $2,129.4 |
| Share data: | ||
| Common shares issued | 72,441,647 | 72,441,647 |
| Less: Common shares held in treasury | 15,263,435 | 15,544,190 |
| Common shares outstanding | 57,178,212 | 56,897,457 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.