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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash, cash equivalents and restricted cash $ 456.4 $ 598.7
Accounts receivable 960.3 969.3
Unbilled accounts receivable 406.7 443.2
Inventories 1,689.6 1,642.1
Other current assets 247.1 226.5
Total current assets 3,760.1 3,879.8
Property, plant and equipment, net 1,509.0 1,601.6
Goodwill 8,604.7 8,485.2
Other intangible assets, net 3,779.8 3,869.2
Other noncurrent assets 698.3 618.7
Total noncurrent assets 14,591.8 14,574.7
Total Assets 18,351.9 18,454.5
Liabilities    
Accounts payable 947.3 909.4
Customer deposits 556.9 642.7
Accrued compensation 309.3 242.3
Accrued warranty 238.1 240.1
Current portion of long-term debt 3.8 447.2
Other accrued liabilities 756.2 744.6
Total current liabilities 2,811.6 3,226.3
Long-term debt 4,067.2 3,792.2
Accrued postretirement and pension benefits 104.2 113.5
Deferred income taxes 184.7 168.4
Contingent consideration 219.8 218.1
Other long term liabilities 773.2 783.3
Total Liabilities 8,160.7 8,301.8
Commitments and contingencies (Note 15)
Equity    
Common stock, $.01 par value; 500.0 shares authorized: 226.9 and 226.9 shares issued and 186.8 and 188.9 outstanding at September 30, 2021 and December 31, 2020, respectively 2.0 2.0
Additional paid-in capital 7,905.6 7,880.6
Treasury stock, at cost, 40.1 and 38.0 shares, at September 30, 2021 and December 31, 2020, respectively (1,206.2) (1,010.1)
Retained earnings 3,887.8 3,588.9
Accumulated other comprehensive loss (432.6) (339.1)
Total Westinghouse Air Brake Technologies Corporation shareholders’ equity 10,156.6 10,122.3
Noncontrolling interest 34.6 30.4
Total Equity 10,191.2 10,152.7
Total Liabilities and Equity $ 18,351.9 $ 18,454.5