Otis Worldwide Corp
For the period ended Dec 31, 2025. Filed Feb 5, 2026.
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FY2025 · Filed Feb 5, 2026
OTIS$78.13-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
| (dollars in millions) | 2025 | 2024 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $1,096 | $2,300 |
| Accounts receivable (net of allowance for expected credit losses of $125 and $125) | 3,688 | 3,428 |
| Contract assets | 699 | 706 |
| Inventories | 613 | 557 |
| Other current assets | 405 | 679 |
| Total Current Assets | 6,501 | 7,670 |
| Future income tax benefits | 407 | 302 |
| Fixed assets, net | 743 | 701 |
| Operating lease right-of-use assets | 554 | 422 |
| Intangible assets, net | 343 | 311 |
| Goodwill | 1,695 | 1,548 |
| Other assets | 410 | 362 |
| Total Assets | $10,653 | $11,316 |
| Liabilities and Equity (Deficit) | ||
| Short-term borrowings and current portion of long-term debt | $1,056 | $1,351 |
| Accounts payable | 2,142 | 1,879 |
| Accrued liabilities | 1,847 | 1,921 |
| Contract liabilities | 2,611 | 2,598 |
| Total Current Liabilities | 7,656 | 7,749 |
| Long-term debt | 6,900 | 6,973 |
| Future pension and postretirement benefit obligations | 419 | 434 |
| Operating lease liabilities | 397 | 298 |
| Future income tax obligations | 223 | 207 |
| Other long-term liabilities | 329 | 383 |
| Total Liabilities | 15,924 | 16,044 |
| Commitments and contingent liabilities (Note 20) | ||
| Redeemable noncontrolling interest | 75 | 57 |
| Shareholders' Equity (Deficit): | ||
| Common Stock and additional paid-in-capital | 333 | 265 |
| Treasury Stock | (4,198) | (3,390) |
| Accumulated deficit | (440) | (978) |
| Accumulated other comprehensive income (loss) | (1,087) | (745) |
| Total Shareholders' Equity (Deficit) | (5,392) | (4,848) |
| Noncontrolling interest | 46 | 63 |
| Total Equity (Deficit) | (5,346) | (4,785) |
| Total Liabilities and Equity (Deficit) | $10,653 | $11,316 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.