Company: SPR
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001628280-25-021582
Chunk: 42

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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company loan, net of tax effect of ($0.8) and $0.1 for the three months ended, respectively.1.7 (0.4)Unrealized gain (loss) on cash flow hedges, net of tax effect of $0.2 and $0.7 for the three months ended, respectively.— (1.0)Reclassification of (gain) loss on cash flow hedges to earnings, net of tax effect of $0.0 and $0.0 for the three months ended, respectively.(0.7)(1.2)Foreign currency translation adjustments26.8 (5.3)Total other comprehensive gain (loss), net of tax28.0 (7.6)Less comprehensive loss attributable to noncontrolling interest(0.2)(0.1)Total comprehensive loss$(584.9)$(624.3)

See notes to condensed consolidated financial statements (unaudited)

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Table of Contents

Spirit AeroSystems Holdings, Inc.

Condensed Consolidated Balance Sheets

(unaudited) 

April 3, 2025December 31, 2024 ($ in millions)Assets  Cash and cash equivalents$220.2 $537.0 Accounts receivable, net527.6 395.3 Contract assets, short-term646.1 777.9 Inventory, net2,019.8 1,891.7 Assets of business held for sale— 100.6 Other current assets90.6 58.0 Total current assets3,504.3 3,760.5 Property, plant and equipment, net1,930.9 1,947.9 Right of use assets82.6 79.0 Contract assets, long-term7.8 — Pension assets52.5 49.4 Restricted plan assets21.1 41.2 Deferred income taxes0.2 0.1 Goodwill630.2 630.0 Intangible assets, net146.4 149.5 Other assets101.5 105.2 Total assets$6,477.5 $6,762.8 LiabilitiesAccounts payable$1,083.1 $1,041.1 Accrued expenses505.5 453.3 Profit sharing25.2 59.0 Current portion of long-term debt400