Company: TDY
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0001094285-25-000131
Chunk: 23

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-07-28
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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 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, 20240.5 4,426.5 — 5,626.0 (725.0)9,328.0 Net income (loss)— — — 180.2 — 180.2 Other comprehensive income (loss), net of tax— — — — (6.0)(6.0)Treasury stock issued— (1.9)1.9 — — — Treasury stock repurchased— — (193.8)— — (193.8)Stock-based compensation and other— 8.9 — — — 8.9 Exercise of stock options— 2.4 — — — 2.4 Balance, June 30, 2024$0.5 $4,435.9 $(191.9)$5,806.2 $(731.0)$9,319.7 

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 SIX MONTHS ENDED JUNE 29, 2025 AND JUNE 30, 2024 

(Unaudited — Amounts in millions)

 Six Months 20252024Operating ActivitiesNet income (loss) including noncontrolling interest$399.2 $359.4 Adjustments to reconcile net income (loss) including noncontrolling interest to net cash provided by (used in) operating activities:Depreciation and amortization167.2 155.8 Stock-based compensation20.2 21.3 Changes in operating assets and liabilities excluding the effect of business acquired:Accounts receivable and unbilled receiv