v3.25.2

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	May 31, 2025	Aug. 31, 2024
Current assets:
Cash and cash equivalents	$ 371.8	$ 845.8
Accounts receivable, less reserve for doubtful accounts of $2.6 and $1.9, respectively	608.6	563.0
Inventories	486.0	387.6
Prepayments and other current assets	122.6	75.1
Total current assets	1,589.0	1,871.5
Property, plant, and equipment, net	323.8	303.9
Operating lease right-of-use assets	77.8	65.6
Goodwill	1,492.6	1,098.7
Intangible assets, net	1,108.3	440.5
Deferred income taxes	21.1	2.3
Other long-term assets	33.7	32.1
Total assets	4,646.3	3,814.6
Current liabilities:
Accounts payable	409.0	352.3
Current operating lease liabilities	23.3	19.2
Accrued compensation	110.2	110.1
Other current liabilities	257.0	206.3
Total current liabilities	799.5	687.9
Long-term debt	996.7	496.2
Long-term operating lease liabilities	65.6	58.1
Accrued pension liabilities	37.8	37.5
Deferred income taxes	14.3	26.0
Other long-term liabilities	148.4	130.1
Total liabilities	2,062.3	1,435.8
Commitments and contingencies (see Commitments and Contingencies footnote)
Stockholders’ equity:
Preferred stock, $0.01 par value per share; 50.0 shares authorized; none issued	0.0	0.0
Common stock, $0.01 par value per share; 500.0 shares authorized; 54.9 and 54.6 shares issued, respectively	0.5	0.5
Paid-in capital	1,143.5	1,115.9
Retained earnings	4,177.1	3,909.8
Accumulated other comprehensive loss	(114.6)	(114.9)
Treasury stock, at cost, of 24.2 and 23.8 shares, respectively	(2,622.5)	(2,532.5)
Total stockholders’ equity	2,584.0	2,378.8
Total liabilities and stockholders’ equity	$ 4,646.3	$ 3,814.6

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

ACUITY INC. (DE) 10-Q