Morningstar 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	474.5	502.7	337.9	376.6	483.8
Short-Term Investments	54.2	48.3	51.1	38	62.3
Cash & Short-Term Investments	528.7	551	389	414.6	546.1
Cash Growth	-4.05%	41.64%	-6.17%	-24.08%	17.64%
Accounts Receivable	390.4	358.1	343.9	307.9	268.9
Other Receivables	16.2	12.4	0.6	-	8.9
Receivables	406.6	370.5	344.5	307.9	277.8
Prepaid Expenses	42.5	42.1	34.9	36.7	30.6
Other Current Assets	60.2	50.5	47.3	51.6	33.1
Total Current Assets	1,038	1,014	815.7	810.8	887.6
Property, Plant & Equipment	390.9	400.1	371.6	391	321
Long-Term Investments	50.3	85.3	100.2	96	63.3
Goodwill	1,611	1,562	1,579	1,572	1,207
Other Intangible Assets	379.3	408.8	484.4	548.6	328.2
Long-Term Deferred Tax Assets	78.7	43.2	14.6	10.8	12.8
Long-Term Deferred Charges	30.1	26.6	29.3	35.4	31.1
Other Long-Term Assets	12.1	8.8	8.8	10.5	11.7
Total Assets	3,590	3,549	3,403	3,475	2,863
Accounts Payable	97.9	87.3	78.4	76.2	76.5
Accrued Expenses	294.2	272.2	214.4	220.1	273.7
Current Portion of Long-Term Debt	-	-	32.1	32.1	-
Current Portion of Leases	41.8	35.1	36.4	37.3	36.4
Current Income Taxes Payable	24	30.5	-	-	-
Current Unearned Revenue	586.1	540.8	517.7	455.6	377.4
Other Current Liabilities	9.3	1.4	1.8	61.2	19.5
Total Current Liabilities	1,053	967.3	880.8	882.5	783.5
Long-Term Debt	1,073	698.6	940.3	1,078	359.4
Long-Term Leases	146.7	170.3	151.4	176.7	135.7
Long-Term Unearned Revenue	21	22.4	26.3	33.5	36.4
Long-Term Deferred Tax Liabilities	27.2	27.6	35.6	62.9	101.7
Other Long-Term Liabilities	47.5	44.1	41.2	34.6	30.1
Total Liabilities	2,368	1,930	2,076	2,268	1,447
Additional Paid-In Capital	869.5	822.7	789	757.8	689
Retained Earnings	2,206	1,909	1,611	1,535	1,527
Treasury Stock	-1,786	-993.9	-985.5	-986.7	-764.3
Comprehensive Income & Other	-68.1	-119.4	-86.5	-99	-35.3
Total Common Equity	1,222	1,619	1,328	1,207	1,416
Shareholders' Equity	1,222	1,619	1,328	1,207	1,416
Total Liabilities & Equity	3,590	3,549	3,403	3,475	2,863
Total Debt	1,261	904	1,160	1,324	531.5
Net Cash (Debt)	-732.4	-353	-771.2	-909	14.6
Net Cash Per Share	-17.36	-8.19	-17.98	-21.19	0.34
Filing Date Shares Outstanding	39.58	42.84	42.73	42.48	42.96
Total Common Shares Outstanding	39.74	42.87	42.73	42.48	43.14
Working Capital	-15.3	46.8	-65.1	-71.7	104.1
Book Value Per Share	30.75	37.76	31.08	28.42	32.82
Tangible Book Value	-768.2	-352.2	-735.4	-913.2	-119.3
Tangible Book Value Per Share	-19.33	-8.22	-17.21	-21.50	-2.77
Machinery	156.1	138.1	152.6	144.4	124.8
Construction In Progress	12.9	12.2	13.8	13.7	11
Leasehold Improvements	136.1	113.9	113.3	106.5	100.7

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