TELEDYNE TECHNOLOGIES INCORPORATED CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited – in millions) |
||||||||
|
|
October 3, 2021 |
|
January 3, 2021 |
||||
ASSETS |
|
|
|
|
||||
Cash and cash equivalents |
|
$ |
551.8 |
|
|
$ |
673.1 |
|
Accounts receivable, net |
|
1,031.3 |
|
|
624.1 |
|
||
Inventories, net |
|
833.2 |
|
|
347.3 |
|
||
Prepaid expenses and other current assets |
|
118.6 |
|
|
78.1 |
|
||
Total current assets |
|
2,534.9 |
|
|
1,722.6 |
|
||
Property, plant and equipment, net |
|
858.1 |
|
|
489.3 |
|
||
Goodwill and acquired intangible assets, net (a) |
|
10,604.7 |
|
|
2,559.7 |
|
||
Prepaid pension assets |
|
87.0 |
|
|
67.9 |
|
||
Other assets, net |
|
362.8 |
|
|
245.3 |
|
||
Total assets |
|
$ |
14,447.5 |
|
|
$ |
5,084.8 |
|
LIABILITIES AND STOCKHOLDERS’ EQUITY |
|
|
|
|
||||
Accounts payable |
|
$ |
427.6 |
|
|
$ |
229.1 |
|
Accrued liabilities |
|
994.2 |
|
|
434.2 |
|
||
Current portion of long-term debt and other debt |
|
— |
|
|
97.6 |
|
||
Total current liabilities |
|
1,421.8 |
|
|
760.9 |
|
||
Long-term debt, net of current portion |
|
4,441.7 |
|
|
680.9 |
|
||
Other long-term liabilities |
|
1,167.4 |
|
|
414.4 |
|
||
Total liabilities |
|
7,030.9 |
|
|
1,856.2 |
|
||
Total stockholders’ equity (b) |
|
7,416.6 |
|
|
3,228.6 |
|
||
Total liabilities and stockholders’ equity |
|
$ |
14,447.5 |
|
|
$ |
5,084.8 |
|
a) |
The increase in goodwill and acquired intangible assets primarily reflects the estimated amounts related to the acquisition of FLIR on May 14, 2021. |
|
b) |
The increase in total stockholders' equity primarily reflects the value of Teledyne common stock issued in connection with the acquisition of FLIR on May 14, 2021. |