A. O. Smith Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	174.5	239.6	339.9	391.2	443.3
Short-Term Investments	18.7	36.5	23.5	90.6	188.1
Cash & Short-Term Investments	193.2	276.1	363.4	481.8	631.4
Cash Growth	-30.03%	-24.02%	-24.57%	-23.69%	-8.44%
Receivables	582.3	541.4	596	581.2	634.4
Inventory	479.3	532.1	497.4	516.4	447.7
Other Current Assets	36.7	43.3	43.5	54.3	39.1
Total Current Assets	1,292	1,393	1,500	1,634	1,753
Property, Plant & Equipment	681.4	661.5	634.8	620.5	639.2
Goodwill	-	761.7	633.4	619.7	627.8
Other Intangible Assets	1,073	321.1	336.7	347.9	364.8
Other Long-Term Assets	97	102.8	108.7	110.5	90
Total Assets	3,143	3,240	3,214	3,332	3,474
Accounts Payable	504.1	588.7	600.4	625.8	745.9
Accrued Expenses	241.1	218.3	253	224.9	281.1
Current Portion of Long-Term Debt	42.3	10.5	10	10	6.8
Current Portion of Leases	-	11.3	11.6	9.9	11.7
Other Current Liabilities	75	68.4	70.3	63.6	73.3
Total Current Liabilities	862.5	897.2	945.3	934.2	1,119
Long-Term Debt	112.7	183.2	117.3	334.5	189.9
Long-Term Leases	37.1	23.5	27.9	22.4	22.3
Pension & Post-Retirement Benefits	7.4	11	10.5	9.9	15.9
Other Long-Term Liabilities	265.1	241.6	268.5	283.6	295.3
Total Liabilities	1,285	1,357	1,370	1,585	1,642
Common Stock	1,858	294.8	294.8	294.9	295.2
Additional Paid-In Capital	-	601.3	578.2	555.9	545.2
Retained Earnings	-	3,601	3,258	2,885	2,827
Treasury Stock	-	-2,502	-2,203	-1,906	-1,503
Comprehensive Income & Other	-	-111.9	-84.2	-82.4	-331.4
Shareholders' Equity	1,858	1,884	1,844	1,748	1,832
Total Liabilities & Equity	3,143	3,240	3,214	3,332	3,474
Total Debt	192.1	228.5	166.8	376.8	230.7
Net Cash (Debt)	1.1	47.6	196.6	105	400.7
Net Cash Growth	-97.69%	-75.79%	87.24%	-73.80%	-24.52%
Net Cash Per Share	0.01	0.32	1.30	0.67	2.48
Filing Date Shares Outstanding	139.93	143.96	147.2	150.88	157.39
Total Common Shares Outstanding	139.93	144.32	147.53	151.18	157.65
Working Capital	429	495.7	555	699.5	633.8
Book Value Per Share	13.28	13.05	12.50	11.56	11.62
Tangible Book Value	785.1	800.7	874.3	780.1	839.6
Tangible Book Value Per Share	5.61	5.55	5.93	5.16	5.33
Land	-	30	31	28.5	22.9
Buildings	-	408.5	378.6	373.2	377
Machinery	-	911.8	865.9	822.5	805.8

Source: S&P Global Market Intelligence. Standard template. Financial Sources.