v3.25.3

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 260.1	$ 198.0
Receivables, net	232.3	202.2
Inventories, net	273.2	272.6
Income taxes receivable	5.8	19.6
Other current assets	29.3	29.7
Total current assets	800.7	722.1
Property, plant and equipment, net	162.7	164.0
Intangible assets, net	849.1	891.6
Goodwill	794.4	794.2
Other assets	77.1	76.6
Total assets	2,684.0	2,648.5
Current liabilities:
Current maturities of debt	0.9	0.8
Trade payables	82.2	71.7
Compensation and benefits	41.2	37.9
Current portion of pension and other postretirement benefit obligations	1.2	1.2
Other current liabilities	162.7	136.2
Total current liabilities	288.2	247.8
Long-term debt	495.5	494.8
Pension and other postretirement benefit obligations	8.8	14.1
Deferred income taxes	182.8	196.5
Operating lease liability	43.7	43.3
Other liabilities	73.5	65.2
Total liabilities	1,092.5	1,061.7
Stockholders' equity:
Common stock, $0.01 par value; 200,000,000 shares authorized; shares issued and outstanding: 167,469,305 at September 30, 2025 and 170,308,023 at December 31, 2024	1.7	1.7
Additional paid-in capital	2,816.9	2,828.2
Retained deficit	(1,148.7)	(1,168.7)
Accumulated other comprehensive loss	(78.4)	(74.4)
Total stockholders' equity	1,591.5	1,586.8
Total liabilities and stockholders' equity	$ 2,684.0	$ 2,648.5

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Zurn Elkay Water Solutions Corp 10-Q