Envista Holdings Corp
For the period ended Mar 28, 2025. Filed May 1, 2025.
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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.
Mar 28, 2025 · Filed May 1, 2025
NVST$25.84-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
($ in millions, except share amounts)
| As of | ||
|---|---|---|
| March 28, 2025 | December 31, 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,077.3 | $1,069.1 |
| Trade accounts receivable, less allowance for credit losses of $26.6 and $26.6, respectively | 393.1 | 363.0 |
| Inventories, net | 261.3 | 241.0 |
| Prepaid expenses and other current assets | 118.0 | 115.2 |
| Total current assets | 1,849.7 | 1,788.3 |
| Property, plant and equipment, net | 279.7 | 277.0 |
| Operating lease right-of-use assets | 138.7 | 142.8 |
| Other long-term assets | 244.7 | 230.6 |
| Goodwill, net | 2,303.4 | 2,261.9 |
| Other intangible assets, net | 650.2 | 649.9 |
| Total assets | $5,466.4 | $5,350.5 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term debt | $116.2 | $116.0 |
| Trade accounts payable | 163.5 | 174.6 |
| Accrued expenses and other liabilities | 558.8 | 553.6 |
| Operating lease liabilities | 34.8 | 34.5 |
| Total current liabilities | 873.3 | 878.7 |
| Operating lease liabilities | 113.7 | 118.9 |
| Other long-term liabilities | 147.5 | 139.8 |
| Long-term debt | 1,295.8 | 1,278.3 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.01 par value, 15.0 million shares authorized; no shares issued or outstanding at March 28, 2025 and December 31, 2024 | — | — |
| Common stock, $0.01 par value, 500.0 million shares authorized; 174.9 million shares issued and 171.5 million shares outstanding at March 28, 2025; 174.2 million shares issued and 172.2 million shares outstanding at December 31, 2024 | 1.7 | 1.7 |
| Treasury stock at cost; 3.4 million shares and 2.0 million shares at March 28, 2025 and December 31, 2024, respectively | (73.1) | (50.5) |
| Additional paid-in capital | 3,850.0 | 3,842.1 |
| Accumulated deficit | (469.4) | (487.4) |
| Accumulated other comprehensive loss | (273.1) | (371.1) |
| Total stockholders’ equity | 3,036.1 | 2,934.8 |
| Total liabilities and stockholders’ equity | $5,466.4 | $5,350.5 |
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