Company: VRT
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001628280-25-005905
Chunk: 334

Company: Vertiv Holdings Co
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 334
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 assets5,101.8 4,001.5 Property, plant and equipment, net625.1 560.1 Other assets:Goodwill1,321.1 1,330.3 Other intangible assets, net1,487.1 1,672.9 Deferred income taxes303.3 159.8 Right-of-use assets, net202.1 173.5 Other92.0 100.4 Total other assets3,405.6 3,436.9 Total assets$9,132.5 $7,998.5 LIABILITIES AND EQUITYCurrent liabilities:Current portion of long-term debt$21.0 $21.8 Accounts payable1,316.4 986.4 Deferred revenue1,063.3 638.9 Accrued expenses and other liabilities612.6 611.8 Income taxes83.7 46.5 Total current liabilities3,097.0 2,305.4 Long-term debt, net2,907.2 2,919.1 Deferred income taxes240.3 159.5 Warrant liabilities— 195.0 Long-term lease liabilities 171.4 142.6 Other long-term liabilities282.3 262.0 Total liabilities6,698.2 5,983.6 EquityPreferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding— — Common stock, $0.0001 par value, 700,000,000 shares authorized, 380,703,974 and 381,788,876 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively— — Additional paid-in capital2,821.4 2,711.3 Accumulated deficit(238.3)(691.9)Accumulated other comprehensive (loss) income(148.8)(4.5)Total equity2,434.3 2,014.9 Total liabilities and equity$9,132.5 $7,998.5 

See accompanying Notes to the Consolidated Financial Statements

61

CONSOLIDATED STATEMENTS OF CASH FLOW

VERTIV HOLDINGS CO 

(Dollars in millions)Year Ended December 31, 202420232022Cash flows from