(b) The fourth quarter and full year of 2024 includes income tax benefits from FLIR acquisition-related tax matters of $16.6 million and $77.8 million, respectively. The fourth quarter and full year of 2023 includes income tax benefits from FLIR acquisition-related tax matters of $102.2 million and $100.5 million, respectively.
This condensed consolidated financial statements were prepared in accordance with GAAP.
TELEDYNE TECHNOLOGIES INCORPORATED CONDENSED CONSOLIDATED BALANCE SHEETS (in millions) |
|||||||
|
December 29, 2024 |
|
December 31, 2023 |
||||
|
(Unaudited) |
|
|
||||
ASSETS |
|
|
|
||||
Cash and cash equivalents |
$ |
649.8 |
|
$ |
648.3 |
||
Accounts receivable and unbilled receivables, net |
|
1,213.2 |
|
|
|
1,202.1 |
|
Inventories, net |
|
914.4 |
|
|
|
917.7 |
|
Prepaid expenses and other current assets |
|
167.2 |
|
|
|
213.3 |
|
Total current assets |
|
2,944.6 |
|
|
|
2,981.4 |
|
Property, plant and equipment, net |
|
745.2 |
|
|
|
777.0 |
|
Goodwill and acquired intangible assets, net |
|
10,003.4 |
|
|
|
10,280.9 |
|
Prepaid pension assets |
|
227.6 |
|
|
|
203.3 |
|
Other assets, net |
|
279.7 |
|
|
|
285.3 |
|
| Total assets |
$ |
14,200.5 |
|
|
$ |
14,527.9 |
|
| LIABILITIES AND EQUITY |
|
|
|
||||
| Accounts payable |
$ |
416.4 |
|
|
$ |
384.7 |
|
| Accrued liabilities |
|
844.9 |
|
|
|
781.3 |
|
| Current portion of long-term debt |
|
0.3 |
|
|
|
600.1 |
|
| Total current liabilities |
|
1,261.6 |
|
|
|
1,766.1 |
|
| Long-term debt, net of current portion |
|
2,648.7 |
|
|
|
2,644.8 |
|
| Other long-term liabilities |
|
734.8 |
|
|
|
891.2 |
|
| Total liabilities |
|
4,645.1 |
|
|
|
5,302.1 |
|
| Redeemable noncontrolling interest |
|
6.0 |
|
|
|
4.6 |
|
| Total stockholders’ equity |
|
9,549.4 |
|
|
|
9,221.2 |
|
| Total liabilities and equity |
$ |
14,200.5 |
|
|
$ |
14,527.9 |
|
