v3.25.3

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 128.4	$ 118.7
Accounts receivable, net of allowances of $6.7 and $9.1, respectively	521.6	565.2
Inventories	639.7	610.9
Other current assets	155.4	141.3
Total current assets	1,445.1	1,436.1
Property, plant and equipment, net	367.1	358.8
Other assets
Goodwill	3,528.8	3,286.6
Intangibles, net	1,088.0	1,033.8
Other non-current assets	330.6	331.2
Total other assets	4,947.4	4,651.6
Total assets	6,759.6	6,446.5
Current liabilities
Current maturities of short-term borrowings	0.0	9.3
Accounts payable	308.8	272.8
Employee compensation and benefits	111.9	116.2
Other current liabilities	567.5	496.8
Total current liabilities	988.2	895.1
Other liabilities
Long-term debt	1,580.1	1,638.7
Pension and other post-retirement compensation and benefits	56.5	61.6
Deferred tax liabilities	41.3	44.4
Other non-current liabilities	311.1	243.8
Total liabilities	2,977.2	2,883.6
Equity
Ordinary shares $0.01 par value, 426.0 authorized, 163.6 and 164.8 issued at September 30, 2025 and December 31, 2024, respectively	1.7	1.7
Additional paid-in capital	1,351.8	1,501.7
Retained earnings	2,700.6	2,336.1
Accumulated other comprehensive loss	(271.7)	(276.6)
Total equity	3,782.4	3,562.9
Total liabilities and equity	$ 6,759.6	$ 6,446.5

Amount, after allowance for credit loss, of accounts and financing receivable. Includes, but is not limited to, notes and loan receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481990/310-10-45-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1

PENTAIR plc 10-Q