Company: TDY
Filing Date: 2025-04-28
Form Type: 10-Q
Source: 0001094285-25-000105
Chunk: 16

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-04-28
Form: 10-Q
Item: Part I, Item 1
Chunk 16
---
29.5 Balance, March 30, 2025$0.5 $4,386.8 $(231.1)$6,455.3 $(686.3)$9,925.2 

Common StockAdditional Paid-in CapitalTreasury StockRetained EarningsAccumulated Other Comprehensive Income (Loss)TotalBalance, December 31, 2023$0.5 $4,407.3 $— $5,447.5 $(634.1)$9,221.2 Net income (loss)— — — 178.5 — 178.5 Other comprehensive income (loss), net of tax— — — — (90.9)(90.9)Stock-based compensation and other— 10.1 — — — 10.1 Exercise of stock options— 9.1 — — — 9.1 Balance, March 31, 2024$0.5 $4,426.5 $— $5,626.0 $(725.0)$9,328.0 

The accompanying notes are an integral part of these condensed consolidated financial statements.

5

TELEDYNE TECHNOLOGIES INCORPORATED

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE THREE MONTHS ENDED MARCH 30, 2025 AND MARCH 31, 2024 

(Unaudited — Amounts in millions)

 Three Months 20252024Operating ActivitiesNet income (loss) including noncontrolling interest$188.8 $179.1 Adjustments to reconcile net income (loss) including noncontrolling interest to net cash provided by (used in) operating activities:Depreciation and amortization80.7 78.0 Stock-based compensation8.9 12.0 Changes in operating assets and liabilities excluding the effect of business acquired:Accounts receivable and unbilled receivables(5.6)12.1 Inventories(33.5)(25.2)Accounts payable53.1 27.7 Deferred taxes and income taxes receivable (payable), net19.2 19.3 Prepaid expenses and other assets(3.0)(1.5)Accrued expenses and other liabilities(57.3)(21.8)Other operating, net(8.7