Company: TDY
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001094285-25-000053
Chunk: 184

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 184
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17.21 $18.49 $16.53 Weighted average diluted common shares outstanding47.6 47.9 47.7 

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

47

TELEDYNE TECHNOLOGIES INCORPORATED

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Amounts in millions)

For the Fiscal Year 202420232022Net income (loss) including noncontrolling interest$820.7 $886.6 $788.9 Other comprehensive income (loss):Foreign exchange translation adjustment(209.6)79.6 (343.3)Hedge activity, net of tax (10.4)6.9 4.7 Pension and postretirement benefit adjustments, net of tax14.2 5.9 42.1 Other comprehensive income (loss) (a)(205.8)92.4 (296.5)Comprehensive income (loss) including noncontrolling interest614.9 979.0 492.4 Less: Comprehensive income (loss) attributable to noncontrolling interest1.5 0.9 0.3 Comprehensive income (loss) attributable to Teledyne$613.4 $978.1 $492.1 

(a)  Net of income tax expense of $0.6 million in 2024, income tax expense of $3.8 million for 2023 and income tax expense of $25.0 million for 2022. 

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

48

TELEDYNE TECHNOLOGIES INCORPORATED

CONSOLIDATED BALANCE SHEETS

(Amounts in millions, except share amounts)

December 29, 2024December 31, 2023AssetsCurrent AssetsCash and cash equivalents$649.8 $648.3 Accounts receivable, net901.1 899.7 Unbilled receivables, net312.1 302.4 Inventories, net914.4 917.7 Prepaid expenses and other current assets167.2 213.3 Total Current Assets2,944.6 2,981.4 Property, plant and equipment, net745.2 777.0 Goodwill7,990.5 8,002.8 Acquired intangible assets, net