Cannae Holdings Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
CNNE$17.04-3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, 202 and
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| (in millions) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $106.2 | $247.7 |
| Short-term investments | 15.6 | 34.9 |
| Other current assets | 29.5 | 26.1 |
| Income taxes receivable | 26.0 | 1.9 |
| Total current assets | 177.3 | 310.6 |
| Investments in unconsolidated affiliates | 1,718.8 | 1,950.7 |
| Equity securities, at fair value | 290.9 | 384.9 |
| Lease assets | 143.5 | 156.0 |
| Property and equipment, net | 58.7 | 87.5 |
| Goodwill | 53.4 | 53.4 |
| Other intangible assets, net | 16.8 | 23.5 |
| Deferred tax assets | 82.0 | 22.7 |
| Other long-term investments and noncurrent assets | 145.3 | 136.2 |
| Total assets | $2,686.7 | $3,125.5 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable and other accrued liabilities, current | $74.2 | $79.0 |
| Lease liabilities, current | 13.9 | 22.8 |
| Deferred revenue | 16.9 | 18.6 |
| Notes payable, current | 2.5 | 2.3 |
| Total current liabilities | 107.5 | 122.7 |
| Lease liabilities, long-term | 142.2 | 151.0 |
| Notes payable, long-term | 102.5 | 95.1 |
| Accounts payable and other accrued liabilities, long-term | 25.3 | 41.8 |
| Total liabilities | 377.5 | 410.6 |
| Commitments and contingencies - see Note M | ||
| Equity: | ||
| Cannae common stock, $0.0001 par value; authorized 115,000,000 shares as of December 31, 2023 and December 31, 2022; issued of 92,844,329 and 92,583,280 shares as of December 31, 2023 and December 31, 2022, respectively; and outstanding of 70,367,088 and 76,254,972 shares as of December 31, 2023 and December 31, 2022, respectively | — | — |
| Preferred stock, $0.0001 par value; authorized 10,000,000 shares; issued and outstanding, none as of December 31, 2023 and December 31, 2022 | — | — |
| Retained earnings | 901.3 | 1,214.7 |
| Additional paid-in capital | 1,977.0 | 1,936.2 |
| Less: Treasury stock, 22,477,241 and 16,328,308 shares as of December 31, 2023 and December 31, 2022, respectively, at cost | (533.9) | (414.0) |
| Accumulated other comprehensive loss | (19.9) | (18.1) |
| Total Cannae shareholders' equity | 2,324.5 | 2,718.8 |
| Noncontrolling interests | (15.3) | (3.9) |
| Total equity | 2,309.2 | 2,714.9 |
| Total liabilities and equity | $2,686.7 | $3,125.5 |
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