Vontier Corp
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
VNT$43.88+3.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $340.9 | $204.5 |
| Accounts receivable, less allowance for credit losses of $35.7 million and $34.2 million as of December 31, 2023 and 2022, respectively | 497.5 | 514.8 |
| Inventories | 296.6 | 346.0 |
| Prepaid expenses and other current assets | 141.4 | 152.8 |
| Equity securities measured at fair value | — | 21.3 |
| Current assets held for sale | 56.1 | 145.6 |
| Total current assets | 1,332.5 | 1,385.0 |
| Property, plant and equipment, net | 102.3 | 92.1 |
| Operating lease right-of-use assets | 47.0 | 44.5 |
| Long-term financing receivables, less allowance for credit losses of $33.7 million and $37.7 million as of December 31, 2023 and 2022, respectively | 276.2 | 249.8 |
| Other intangible assets, net | 568.3 | 649.7 |
| Goodwill | 1,742.4 | 1,738.7 |
| Other assets | 225.3 | 183.5 |
| Total assets | $4,294.0 | $4,343.3 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term borrowings and current portion of long-term debt | $106.6 | $4.6 |
| Trade accounts payable | 366.8 | 430.9 |
| Current operating lease liabilities | 14.0 | 13.8 |
| Accrued expenses and other current liabilities | 435.8 | 437.6 |
| Current liabilities held for sale | 32.1 | 43.0 |
| Total current liabilities | 955.3 | 929.9 |
| Long-term operating lease liabilities | 37.1 | 34.0 |
| Long-term debt | 2,189.0 | 2,585.7 |
| Other long-term liabilities | 217.0 | 214.2 |
| Total liabilities | 3,398.4 | 3,763.8 |
| Commitments and Contingencies (Note 18) | ||
| Equity: | ||
| Preferred stock, 15.0 million shares authorized; no par value; no shares issued and outstanding | — | — |
| Common stock, 2.0 billion shares authorized; $0.0001 par value; 170.8 million and 169.7 million shares issued, and 154.3 million and 156.0 million outstanding as of December 31, 2023 and 2022, respectively | — | — |
| Treasury stock, at cost, 16.5 million and 13.7 million shares as of December 31, 2023 and 2022, respectively | (403.4) | (328.0) |
| Additional paid-in capital | 56.8 | 27.6 |
| Retained earnings | 1,132.1 | 770.8 |
| Accumulated other comprehensive income | 104.9 | 106.1 |
| Total Vontier stockholders’ equity | 890.4 | 576.5 |
| Noncontrolling interests | 5.2 | 3.0 |
| Total equity | 895.6 | 579.5 |
| Total liabilities and equity | $4,294.0 | $4,343.3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.