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10-Q Filing

CRANE CO CIK: 1944013 Q2 2023
Filing Information
Form Type 10-Q
Accession Number 0001628280-23-026826
Period End Date 20230630
Filing Date 20230802
Fiscal Year 2023
Fiscal Period Q2
XBRL Instance cr-20230630_htm.xml
Balance Sheet 103 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $8.00M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $8.10M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $218.90M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 66.48M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $427.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 56.75M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 72.43M shares Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $8.1 as of June 30, 2023 and $8.0 as of December 31, 2022 AccountsReceivableNetCurrent $269.70M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $8.1 as of June 30, 2023 and $8.0 as of December 31, 2022 AccountsReceivableNetCurrent $299.70M USD Point-in-time
Finished goods InventoryFinishedGoodsNetOfReserves $57.20M USD Point-in-time
Finished goods InventoryFinishedGoodsNetOfReserves $73.70M USD Point-in-time
Finished parts and subassemblies OtherInventoryNetOfReserves $47.70M USD Point-in-time
Finished parts and subassemblies OtherInventoryNetOfReserves $55.60M USD Point-in-time
Work in process InventoryWorkInProcessNetOfReserves $27.20M USD Point-in-time
Work in process InventoryWorkInProcessNetOfReserves $38.00M USD Point-in-time
Raw materials InventoryRawMaterialsNetOfReserves $193.50M USD Point-in-time
Raw materials InventoryRawMaterialsNetOfReserves $162.10M USD Point-in-time
Inventories, net InventoryNet $360.80M USD Point-in-time
Inventories, net InventoryNet $294.20M USD Point-in-time
Other current assets OtherAssetsCurrent $135.10M USD Point-in-time
Other current assets OtherAssetsCurrent $154.40M USD Point-in-time
Current assets of discontinued operations AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $625.90M USD Point-in-time
Current assets of discontinued operations AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Total current assets AssetsCurrent $1.75B USD Point-in-time
Total current assets AssetsCurrent $1.03B USD Point-in-time
Cost PropertyPlantAndEquipmentGross $750.90M USD Point-in-time
Cost PropertyPlantAndEquipmentGross $729.20M USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $480.90M USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $496.70M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $254.20M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $248.30M USD Point-in-time
Long-term deferred tax assets DeferredIncomeTaxAssetsNet $3.10M USD Point-in-time
Long-term deferred tax assets DeferredIncomeTaxAssetsNet $3.50M USD Point-in-time
Other assets OtherAssetsNoncurrent $120.80M USD Point-in-time
Other assets OtherAssetsNoncurrent $124.00M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $78.50M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $69.30M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $71.70M USD Point-in-time
Goodwill Goodwill $690.90M USD Point-in-time
Goodwill Goodwill $694.30M USD Point-in-time
Long-term assets of discontinued operations DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent - USD Point-in-time
Long-term assets of discontinued operations DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent $1.50B USD Point-in-time
Total assets Assets $4.39B USD Point-in-time
Total assets Assets $2.18B USD Point-in-time
Short-term borrowings ShortTermBorrowings - USD Point-in-time
Short-term borrowings ShortTermBorrowings $399.60M USD Point-in-time
Accounts payable AccountsPayableCurrent $158.80M USD Point-in-time
Accounts payable AccountsPayableCurrent $179.20M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $231.20M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $260.50M USD Point-in-time
U.S. and foreign taxes on income AccruedIncomeTaxesCurrent $11.10M USD Point-in-time
U.S. and foreign taxes on income AccruedIncomeTaxesCurrent $34.20M USD Point-in-time
Current liabilities of discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Current liabilities of discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $614.70M USD Point-in-time
Total current liabilities LiabilitiesCurrent $401.10M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.49B USD Point-in-time
Long-term debt LongTermDebtNoncurrent - USD Point-in-time
Long-term debt LongTermDebtNoncurrent $262.30M USD Point-in-time
Accrued pension and postretirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $132.00M USD Point-in-time
Accrued pension and postretirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $126.40M USD Point-in-time
Long-term deferred tax liability DeferredIncomeTaxLiabilitiesNet $53.30M USD Point-in-time
Long-term deferred tax liability DeferredIncomeTaxLiabilitiesNet $55.30M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $98.40M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $85.20M USD Point-in-time
Long-term liabilities of discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent - USD Point-in-time
Long-term liabilities of discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent $726.90M USD Point-in-time
Total liabilities Liabilities $941.50M USD Point-in-time
Total liabilities Liabilities $2.49B USD Point-in-time
Commitments and contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 11) CommitmentsAndContingencies - USD Point-in-time
Common shares, par value $1.00; 66,475,307 and 200,000,000 shares authorized, respectively; 56,754,781 and 72,426,389 shares issued, respectively; 56,754,781 and 56,325,382 outstanding, respectively CommonStockValue $56.70M USD Point-in-time
Common shares, par value $1.00; 66,475,307 and 200,000,000 shares authorized, respectively; 56,754,781 and 72,426,389 shares issued, respectively; 56,754,781 and 56,325,382 outstanding, respectively CommonStockValue $72.40M USD Point-in-time
Capital surplus AdditionalPaidInCapital $380.30M USD Point-in-time
Capital surplus AdditionalPaidInCapital $373.80M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $868.10M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.82B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-69.90M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-503.30M USD Point-in-time
Treasury stock TreasuryStockCommonValue - USD Point-in-time
Treasury stock TreasuryStockCommonValue $864.30M USD Point-in-time
Total shareholders equity StockholdersEquity $1.90B USD Point-in-time
Total shareholders equity StockholdersEquity $1.24B USD Point-in-time
Noncontrolling interests MinorityInterest $2.60M USD Point-in-time
Noncontrolling interests MinorityInterest $2.40M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.73B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.24B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.86B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.84B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.90B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.02B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.39B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $2.18B USD Point-in-time
Common shares issued (in shares) CommonStockSharesIssued 56.75M shares Point-in-time
Common shares issued (in shares) CommonStockSharesIssued 72.43M shares Point-in-time
Less: Common shares held in treasury (in shares) TreasuryStockCommonShares 0.00 shares Point-in-time
Less: Common shares held in treasury (in shares) TreasuryStockCommonShares 16.10M shares Point-in-time
Common shares outstanding (in shares) CommonStockSharesOutstanding 56.75M shares Point-in-time
Common shares outstanding (in shares) CommonStockSharesOutstanding 56.33M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 66.48M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Income Statement 94 line items
Line Item Tag Value Unit Period
Net sales Revenues $1.07B USD 2 Qtrs
Net sales Revenues $509.60M USD 1 Quarter
Net sales Revenues $530.30M USD 1 Quarter
Net sales Revenues $1.02B USD 2 Qtrs
Cost of sales CostOfGoodsAndServicesSold $699.90M USD 2 Qtrs
Cost of sales CostOfGoodsAndServicesSold $308.50M USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $352.80M USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $615.40M USD 2 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $138.00M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $267.40M USD 2 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $262.70M USD 2 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $133.80M USD 1 Quarter
Operating profit OperatingIncomeLoss $63.10M USD 1 Quarter
Operating profit OperatingIncomeLoss $43.70M USD 1 Quarter
Operating profit OperatingIncomeLoss $106.50M USD 2 Qtrs
Operating profit OperatingIncomeLoss $140.60M USD 2 Qtrs
Interest income InvestmentIncomeInterest $900.00K USD 2 Qtrs
Interest income InvestmentIncomeInterest $1.70M USD 2 Qtrs
Interest income InvestmentIncomeInterest $600.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $800.00K USD 1 Quarter
Interest expense InterestExpense $11.80M USD 2 Qtrs
Interest expense InterestExpense $5.30M USD 1 Quarter
Interest expense InterestExpense $800.00K USD 1 Quarter
Interest expense InterestExpense $1.40M USD 2 Qtrs
Gain (Loss) on Disposition of Business GainLossOnSaleOfBusiness $228.70M USD 2 Qtrs
Gain (Loss) on Disposition of Business GainLossOnSaleOfBusiness - USD 1 Quarter
Gain (Loss) on Disposition of Business GainLossOnSaleOfBusiness - USD 2 Qtrs
Gain (Loss) on Disposition of Business GainLossOnSaleOfBusiness $228.70M USD 1 Quarter
Miscellaneous (expense) income, net OtherNonoperatingIncomeExpense $13.00M USD 1 Quarter
Miscellaneous (expense) income, net OtherNonoperatingIncomeExpense $-1.30M USD 1 Quarter
Miscellaneous (expense) income, net OtherNonoperatingIncomeExpense $16.10M USD 2 Qtrs
Miscellaneous (expense) income, net OtherNonoperatingIncomeExpense $-1.90M USD 2 Qtrs
Total other (expense) income, net NonoperatingIncomeExpense $244.30M USD 2 Qtrs
Total other (expense) income, net NonoperatingIncomeExpense $-5.80M USD 1 Quarter
Total other (expense) income, net NonoperatingIncomeExpense $-12.00M USD 2 Qtrs
Total other (expense) income, net NonoperatingIncomeExpense $241.50M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $285.20M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $57.30M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $350.80M USD 2 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $128.60M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $78.60M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $29.40M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $14.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $98.10M USD 2 Qtrs
Net income from continuing operations attributable to common shareholders IncomeLossFromContinuingOperations $206.60M USD 1 Quarter
Net income from continuing operations attributable to common shareholders IncomeLossFromContinuingOperations $252.70M USD 2 Qtrs
Net income from continuing operations attributable to common shareholders IncomeLossFromContinuingOperations $99.20M USD 2 Qtrs
Net income from continuing operations attributable to common shareholders IncomeLossFromContinuingOperations $43.30M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $2.30M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $52.10M USD 2 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $110.50M USD 2 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $51.60M USD 1 Quarter
Net income attributable to common shareholders NetIncomeLoss $363.20M USD 2 Qtrs
Net income attributable to common shareholders NetIncomeLoss $45.60M USD 1 Quarter
Net income attributable to common shareholders NetIncomeLoss $151.30M USD 2 Qtrs
Net income attributable to common shareholders NetIncomeLoss $258.20M USD 1 Quarter
Earnings per basic share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.75 USD 2 Qtrs
Earnings per basic share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $3.68 USD 1 Quarter
Earnings per basic share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $4.46 USD 2 Qtrs
Earnings per basic share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.76 USD 1 Quarter
Earnings per basic share from discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $0.04 USD 1 Quarter
Earnings per basic share from discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $0.92 USD 2 Qtrs
Earnings per basic share from discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $1.95 USD 2 Qtrs
Earnings per basic share from discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $0.92 USD 1 Quarter
Earnings per basic share (in dollars per share) EarningsPerShareBasic $0.80 USD 1 Quarter
Earnings per basic share (in dollars per share) EarningsPerShareBasic $4.60 USD 1 Quarter
Earnings per basic share (in dollars per share) EarningsPerShareBasic $2.67 USD 2 Qtrs
Earnings per basic share (in dollars per share) EarningsPerShareBasic $6.41 USD 2 Qtrs
Earnings per diluted share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.75 USD 1 Quarter
Earnings per diluted share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $4.40 USD 2 Qtrs
Earnings per diluted share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.73 USD 2 Qtrs
Earnings per diluted share from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $3.63 USD 1 Quarter
Earnings per diluted share from discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $0.91 USD 1 Quarter
Earnings per diluted share from discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $1.92 USD 2 Qtrs
Earnings per diluted share from discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $0.91 USD 2 Qtrs
Earnings per diluted share from discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $0.04 USD 1 Quarter
Earnings per diluted share (in dollars per share) EarningsPerShareDiluted $4.54 USD 1 Quarter
Earnings per diluted share (in dollars per share) EarningsPerShareDiluted $6.32 USD 2 Qtrs
Earnings per diluted share (in dollars per share) EarningsPerShareDiluted $0.79 USD 1 Quarter
Earnings per diluted share (in dollars per share) EarningsPerShareDiluted $2.64 USD 2 Qtrs
Average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 56.70M shares 1 Quarter
Average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 56.10M shares 1 Quarter
Average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 56.60M shares 2 Qtrs
Average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 56.70M shares 2 Qtrs
Average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 57.40M shares 1 Quarter
Average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 57.50M shares 2 Qtrs
Average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 57.40M shares 2 Qtrs
Average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 56.90M shares 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.18 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.18 USD 2 Qtrs
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.47 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.47 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.47 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.94 USD 2 Qtrs
Cash Flow Statement 94 line items
Line Item Tag Value Unit Period
Net income from continuing operations attributable to common shareholders IncomeLossFromContinuingOperations $43.30M USD 1 Quarter
Net income from continuing operations attributable to common shareholders IncomeLossFromContinuingOperations $99.20M USD 2 Qtrs
Net income from continuing operations attributable to common shareholders IncomeLossFromContinuingOperations $252.70M USD 2 Qtrs
Net income from continuing operations attributable to common shareholders IncomeLossFromContinuingOperations $206.60M USD 1 Quarter
Gain on sale of business GainLossOnSaleOfBusiness $228.70M USD 2 Qtrs
Gain on sale of business GainLossOnSaleOfBusiness - USD 1 Quarter
Gain on sale of business GainLossOnSaleOfBusiness - USD 2 Qtrs
Gain on sale of business GainLossOnSaleOfBusiness $228.70M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $20.90M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $19.60M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $10.40M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $14.00M USD 2 Qtrs
Defined benefit plans and postretirement credit (expense) PensionAndOtherPostretirementBenefitExpense $4.80M USD 2 Qtrs
Defined benefit plans and postretirement credit (expense) PensionAndOtherPostretirementBenefitExpense $-5.50M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $37.50M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-3.70M USD 2 Qtrs
Cash used for operating working capital IncreaseDecreaseInOperatingCapital $183.30M USD 2 Qtrs
Cash used for operating working capital IncreaseDecreaseInOperatingCapital $96.20M USD 2 Qtrs
Defined benefit plans and postretirement contributions PensionAndOtherPostretirementBenefitContributions $6.20M USD 2 Qtrs
Defined benefit plans and postretirement contributions PensionAndOtherPostretirementBenefitContributions $5.70M USD 2 Qtrs
Environmental payments, net of reimbursements PaymentsForEnvironmentalLiabilities $5.00M USD 2 Qtrs
Environmental payments, net of reimbursements PaymentsForEnvironmentalLiabilities $1.90M USD 2 Qtrs
Asbestos related payments, net of insurance recoveries PaymentsOrReceiptsForAsbestosRelatedFeesAndCostsNetOfInsuranceRecoveries - USD 2 Qtrs
Asbestos related payments, net of insurance recoveries PaymentsOrReceiptsForAsbestosRelatedFeesAndCostsNetOfInsuranceRecoveries $23.40M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $4.00M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $12.80M USD 2 Qtrs
Total used for operating activities from continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-30.70M USD 2 Qtrs
Total used for operating activities from continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-53.00M USD 2 Qtrs
Capital expenditures, net PaymentsForCapitalImprovements $20.80M USD 2 Qtrs
Capital expenditures, net PaymentsForCapitalImprovements $17.50M USD 2 Qtrs
Proceeds from sale of business ProceedsFromDivestitureOfBusinesses - USD 2 Qtrs
Proceeds from sale of business ProceedsFromDivestitureOfBusinesses $314.30M USD 2 Qtrs
Total (used for) provided by investing activities from continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-20.80M USD 2 Qtrs
Total (used for) provided by investing activities from continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $296.80M USD 2 Qtrs
Dividends paid PaymentsOfDividends $36.80M USD 2 Qtrs
Dividends paid PaymentsOfDividends $53.10M USD 2 Qtrs
Reacquisition of shares on open market PaymentsForRepurchaseOfCommonStock $203.70M USD 2 Qtrs
Reacquisition of shares on open market PaymentsForRepurchaseOfCommonStock - USD 2 Qtrs
Stock options exercised, net of shares reacquired ProceedsFromPaymentsForStockOptionsExercisedNetOfSharesReacquired $13.70M USD 2 Qtrs
Stock options exercised, net of shares reacquired ProceedsFromPaymentsForStockOptionsExercisedNetOfSharesReacquired $1.80M USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD 2 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $7.50M USD 2 Qtrs
Net borrowings from issuance of commercial paper with maturities of 90 days or less ProceedsfromRepaymentsofIssuanceofCommercialPaperWithMaturityOf90DaysorLess - USD 2 Qtrs
Net borrowings from issuance of commercial paper with maturities of 90 days or less ProceedsfromRepaymentsofIssuanceofCommercialPaperWithMaturityOf90DaysorLess $119.40M USD 2 Qtrs
Proceeds from term facility ProceedsFromIssuanceOfDebt - USD 2 Qtrs
Proceeds from term facility ProceedsFromIssuanceOfDebt $300.00M USD 2 Qtrs
Proceeds from term facility of discontinued operations ProceedsFromIssuanceOfDebtDiscontinuedOperations - USD 2 Qtrs
Proceeds from term facility of discontinued operations ProceedsFromIssuanceOfDebtDiscontinuedOperations $350.00M USD 2 Qtrs
Repayment of term loans RepaymentsOfDebt $436.90M USD 2 Qtrs
Repayment of term loans RepaymentsOfDebt - USD 2 Qtrs
Distribution of Crane NXT, Co. ProceedsFromDistributionsFromAffiliatesFinancingActivities - USD 2 Qtrs
Distribution of Crane NXT, Co. ProceedsFromDistributionsFromAffiliatesFinancingActivities $578.10M USD 2 Qtrs
Total used for financing activities from continuing and discontinued operations NetCashProvidedByUsedInFinancingActivities $-135.60M USD 2 Qtrs
Total used for financing activities from continuing and discontinued operations NetCashProvidedByUsedInFinancingActivities $-395.60M USD 2 Qtrs
Total provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $34.60M USD 2 Qtrs
Total provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $79.70M USD 2 Qtrs
Total used for investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-4.10M USD 2 Qtrs
Total used for investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-7.60M USD 2 Qtrs
Increase in cash and cash equivalents from discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $30.50M USD 2 Qtrs
Increase in cash and cash equivalents from discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $72.10M USD 2 Qtrs
Effect of exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $200.00K USD 2 Qtrs
Effect of exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-30.60M USD 2 Qtrs
(Decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $172.00M USD 2 Qtrs
(Decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-438.70M USD 2 Qtrs
Cash and cash equivalents at beginning of period including discontinued operations (Note 2) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $478.60M USD Point-in-time
Cash and cash equivalents at beginning of period including discontinued operations (Note 2) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $650.60M USD Point-in-time
Cash and cash equivalents at beginning of period including discontinued operations (Note 2) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $657.60M USD Point-in-time
Cash and cash equivalents at beginning of period including discontinued operations (Note 2) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $218.90M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $218.90M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $657.60M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $478.60M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $650.60M USD Point-in-time
Less: Cash and cash equivalents of discontinued operations DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents - USD Point-in-time
Less: Cash and cash equivalents of discontinued operations DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents $128.50M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $522.10M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $218.90M USD Point-in-time
Accounts receivable IncreaseDecreaseInAccountsReceivable $63.10M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $28.10M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $63.90M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $54.70M USD 2 Qtrs
Other current assets IncreaseDecreaseInOtherOperatingAssets $5.70M USD 2 Qtrs
Other current assets IncreaseDecreaseInOtherOperatingAssets $20.50M USD 2 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $21.40M USD 2 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $-20.60M USD 2 Qtrs
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-40.40M USD 2 Qtrs
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-23.50M USD 2 Qtrs
U.S. and foreign taxes on income IncreaseDecreaseInAccruedIncomeTaxesPayable $46.30M USD 2 Qtrs
U.S. and foreign taxes on income IncreaseDecreaseInAccruedIncomeTaxesPayable $-26.70M USD 2 Qtrs
Total IncreaseDecreaseInOperatingCapital $183.30M USD 2 Qtrs
Total IncreaseDecreaseInOperatingCapital $96.20M USD 2 Qtrs
Interest paid InterestPaidNet $17.60M USD 2 Qtrs
Interest paid InterestPaidNet $21.00M USD 2 Qtrs
Income taxes paid IncomeTaxesPaidNet $75.30M USD 2 Qtrs
Income taxes paid IncomeTaxesPaidNet $67.40M USD 2 Qtrs
Stockholders Equity 58 line items
Line Item Tag Value Unit Period
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.47 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.47 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.18 USD 2 Qtrs
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.18 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.47 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.94 USD 2 Qtrs
Treasury stock shares acquired (in shares) TreasuryStockSharesAcquired 1.70M shares 1 Quarter
Treasury stock shares acquired (in shares) TreasuryStockSharesAcquired 1.96M shares 1 Quarter
Exercise of stock options, net of shares reacquired (in shares) Exerciseofstockoptionsnetofsharesreacquired 79,214.00 shares 1 Quarter
Exercise of stock options, net of shares reacquired (in shares) Exerciseofstockoptionsnetofsharesreacquired 94,774.00 shares 1 Quarter
Exercise of stock options, net of shares reacquired (in shares) Exerciseofstockoptionsnetofsharesreacquired 297,539.00 shares 1 Quarter
Balance, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.73B USD Point-in-time
Balance, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.24B USD Point-in-time
Balance, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.86B USD Point-in-time
Balance, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.84B USD Point-in-time
Balance, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.90B USD Point-in-time
Balance, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.02B USD Point-in-time
Net income ProfitLoss $45.60M USD 1 Quarter
Net income ProfitLoss $258.20M USD 1 Quarter
Net income ProfitLoss $105.00M USD 1 Quarter
Net income ProfitLoss $105.70M USD 1 Quarter
Cash dividends DividendsCommonStockCash $10.20M USD 1 Quarter
Cash dividends DividendsCommonStockCash $26.40M USD 1 Quarter
Cash dividends DividendsCommonStockCash $26.60M USD 1 Quarter
Cash dividends DividendsCommonStockCash $26.40M USD 1 Quarter
Reacquisition on open market StockRepurchasedDuringPeriodValue $175.80M USD 1 Quarter
Reacquisition on open market StockRepurchasedDuringPeriodValue $27.90M USD 1 Quarter
Exercise of stock options, net of shares reacquired StockIssuedDuringPeriodValueStockOptionsExercised $19.80M USD 1 Quarter
Exercise of stock options, net of shares reacquired StockIssuedDuringPeriodValueStockOptionsExercised $1.10M USD 1 Quarter
Exercise of stock options, net of shares reacquired StockIssuedDuringPeriodValueStockOptionsExercised $1.00M USD 1 Quarter
Exercise of stock options, net of shares reacquired StockIssuedDuringPeriodValueStockOptionsExercised $6.10M USD 1 Quarter
Impact from settlement of share-based awards, net of shares acquired Impactfromsettlementofsharebasedawardsnetofsharesacquired $-6.90M USD 1 Quarter
Impact from settlement of share-based awards, net of shares acquired Impactfromsettlementofsharebasedawardsnetofsharesacquired $-5.40M USD 1 Quarter
Impact from settlement of share-based awards, net of shares acquired Impactfromsettlementofsharebasedawardsnetofsharesacquired $-100.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $5.90M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $5.90M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.30M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.50M USD 1 Quarter
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-3.50M USD 1 Quarter
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-3.30M USD 1 Quarter
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.60M USD 1 Quarter
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-6.80M USD 2 Qtrs
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-5.30M USD 2 Qtrs
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.70M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-21.60M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-75.90M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-97.50M USD 2 Qtrs
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $700.00K USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $13.40M USD 2 Qtrs
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $12.70M USD 1 Quarter
Distribution of Crane NXT, Co. AdjustmentsToAdditionalPaidInCapitalProceedsFromAffiliates $414.50M USD 2 Qtrs
Distribution of Crane NXT, Co. AdjustmentsToAdditionalPaidInCapitalProceedsFromAffiliates $822.30M USD 1 Quarter
Balance, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.24B USD Point-in-time
Balance, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.90B USD Point-in-time
Balance, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.84B USD Point-in-time
Balance, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.02B USD Point-in-time
Balance, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.86B USD Point-in-time
Balance, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.73B USD Point-in-time
Comprehensive Income 32 line items
Line Item Tag Value Unit Period
Net income attributable to common shareholders NetIncomeLoss $363.20M USD 2 Qtrs
Net income attributable to common shareholders NetIncomeLoss $45.60M USD 1 Quarter
Net income attributable to common shareholders NetIncomeLoss $151.30M USD 2 Qtrs
Net income attributable to common shareholders NetIncomeLoss $258.20M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $13.40M USD 2 Qtrs
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $700.00K USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $12.70M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-75.90M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-21.60M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-97.50M USD 2 Qtrs
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-3.50M USD 1 Quarter
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-3.30M USD 1 Quarter
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.60M USD 1 Quarter
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-6.80M USD 2 Qtrs
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-5.30M USD 2 Qtrs
Changes in pension and postretirement plan assets and benefit obligation, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.70M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-90.70M USD 2 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $18.70M USD 2 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-72.40M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $3.30M USD 1 Quarter
Comprehensive income before allocation to noncontrolling interests ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $170.00M USD 2 Qtrs
Comprehensive income before allocation to noncontrolling interests ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $272.50M USD 2 Qtrs
Comprehensive income before allocation to noncontrolling interests ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $48.90M USD 1 Quarter
Comprehensive income before allocation to noncontrolling interests ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $185.80M USD 1 Quarter
Less: Noncontrolling interests in comprehensive income ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 2 Qtrs
Less: Noncontrolling interests in comprehensive income ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-200.00K USD 2 Qtrs
Less: Noncontrolling interests in comprehensive income ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-100.00K USD 1 Quarter
Less: Noncontrolling interests in comprehensive income ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-100.00K USD 1 Quarter
Comprehensive income attributable to common shareholders ComprehensiveIncomeNetOfTax $185.90M USD 1 Quarter
Comprehensive income attributable to common shareholders ComprehensiveIncomeNetOfTax $272.50M USD 2 Qtrs
Comprehensive income attributable to common shareholders ComprehensiveIncomeNetOfTax $170.20M USD 2 Qtrs
Comprehensive income attributable to common shareholders ComprehensiveIncomeNetOfTax $49.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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