Company: KELYB
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000055135-25-000052
Chunk: 2

Company: KELLY SERVICES INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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258.8 1,266.8 Total Assets$2,511.9 $2,632.3  

See accompanying unaudited Notes to Consolidated Financial Statements.

6 

KELLY SERVICES, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS 

(UNAUDITED)

(In millions)June 29,2025December 29, 2024Liabilities and Stockholders’ EquityCurrent Liabilities  Accounts payable and accrued liabilities$613.8 $613.8 Operating lease liabilities12.1 12.3 Accrued payroll and related taxes161.6 163.9 Accrued workers’ compensation and other claims18.8 19.0 Income and other taxes20.4 17.5 Total current liabilities826.7 826.5 Noncurrent Liabilities  Long-term debt74.3 239.4 Operating lease liabilities47.5 50.9 Accrued workers’ compensation and other claims33.4 33.8 Accrued retirement benefits254.5 239.9 Other long-term liabilities9.4 7.2 Total noncurrent liabilities419.1 571.2 Commitments and contingencies (see Contingencies footnote)Stockholders’ Equity  Capital stock, $1.00 par value  Class A common stock, 100.0 million shares authorized; 35.2 million shares issued at 2025 and 202435.2 35.2 Class B common stock, 10.0 million shares authorized; 3.3 million shares issued at 2025 and 20243.3 3.3 Treasury stock, at cost Class A common stock, 3.3 million shares at 2025 and 3.6 million shares at 2024(54.7)(60.8)Class B common stock(0.6)(0.6)Paid-in capital34.0 34.2 Earnings invested in the business1,249.5 1,230.2 Accumulated other comprehensive income (loss)(0.6)(6.9)Total stockholders’ equity1,266.1 1,234.6 Total Liabilities and Stockholders’ Equity$2,511.9 $2,632.3 

See accompanying unaudited Notes to Consolidated Financial Statements.