Company: MATV
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001000623-25-000024
Chunk: 1

Company: Mativ Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 1
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ARIESCONDENSED CONSOLIDATED BALANCE SHEETS(in millions, except per share amounts)(Unaudited)

March 31, 2025December 31, 2024ASSETS  Cash and cash equivalents$84.0 $94.3 Restricted cash9.8 — Accounts receivable, net202.1 162.4 Inventories, net346.0 355.1 Income taxes receivable19.0 20.6 Other current assets25.3 25.7 Total current assets686.2 658.1 Property, plant and equipment, net622.3 620.3 Finance lease right-of-use assets16.2 16.2 Operating lease right-of-use assets45.9 46.4 Deferred income tax benefits9.6 8.1 Goodwill54.8 465.6 Intangible assets, net545.4 553.4 Other assets71.9 79.8 Total assets$2,052.3 $2,447.9 LIABILITIES AND STOCKHOLDERS’ EQUITY  Current debt$2.7 $2.6 Finance lease liabilities1.7 1.6 Operating lease liabilities9.2 9.5 Accounts payable176.9 151.7 Income taxes payable8.6 8.4 Accrued expenses and other current liabilities89.0 100.7 Total current liabilities288.1 274.5 Long-term debt1,120.1 1,086.7 Finance lease liabilities, noncurrent16.5 16.3 Operating lease liabilities, noncurrent36.2 36.4 Pension and other postretirement benefits54.9 54.3 Deferred income tax liabilities77.1 100.9 Other liabilities31.2 20.3 Total liabilities1,624.1 1,589.4 Stockholders’ equity:  Preferred stock, $0.10 par value; 10,000,000 shares authorized; none issued or outstanding— — Common stock, $0.10 par value; 100,000,000 shares authorized; 54,574,597 and 54,335,830 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively5.5 5