QuidelOrtho Corp
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
QDEL$12.09+13.0%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
(In millions, except par value)
| December 31, 2023 | January 1, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $118.9 | $292.9 |
| Marketable securities | 48.4 | 52.1 |
| Accounts receivable, net | 303.3 | 453.9 |
| Inventories | 577.8 | 524.1 |
| Prepaid expenses and other current assets | 262.1 | 252.1 |
| Total current assets | 1,310.5 | 1,575.1 |
| Property, plant and equipment, net | 1,443.8 | 1,339.0 |
| Marketable securities | 7.4 | 21.0 |
| Right-of-use assets | 169.6 | 181.0 |
| Goodwill | 2,492.0 | 2,476.8 |
| Intangible assets, net | 2,934.3 | 3,123.8 |
| Deferred tax asset | 25.9 | 16.4 |
| Other assets | 179.6 | 122.7 |
| Total assets | $8,563.1 | $8,855.8 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $294.8 | $283.3 |
| Accrued payroll and related expenses | 84.8 | 139.2 |
| Income tax payable | 11.1 | 51.6 |
| Current portion of borrowings | 139.8 | 207.5 |
| Other current liabilities | 303.3 | 325.4 |
| Total current liabilities | 833.8 | 1,007.0 |
| Operating lease liabilities | 172.8 | 186.4 |
| Long-term borrowings | 2,274.8 | 2,430.8 |
| Deferred tax liability | 192.2 | 213.2 |
| Other liabilities | 83.6 | 83.8 |
| Total liabilities | 3,557.2 | 3,921.2 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value per share; 5.0 shares authorized; none issued or outstanding at December 31, 2023 and January 1, 2023 | — | — |
| Common stock, $0.001 par value per share; 126.2 shares authorized; 66.7 and 66.4 shares issued and outstanding at December 31, 2023 and January 1, 2023, respectively | 0.1 | — |
| Additional paid-in capital | 2,848.0 | 2,804.3 |
| Accumulated other comprehensive loss | (30.0) | (67.6) |
| Retained earnings | 2,187.8 | 2,197.9 |
| Total stockholders’ equity | 5,005.9 | 4,934.6 |
| Total liabilities and stockholders’ equity | $8,563.1 | $8,855.8 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.