BRINKS CO
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
BCO$114.57+3.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (In millions, except for per share amounts) | 2023 | 2022 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,176.6 | 972.0 |
| Restricted cash | 507.0 | 438.5 |
| Accounts receivable (net of allowance: 2023 - $30.4; 2022 - $38.3) | 779.0 | 862.2 |
| Prepaid expenses and other | 325.7 | 324.7 |
| Total current assets | 2,788.3 | 2,597.4 |
| Right-of-use assets, net | 337.7 | 314.5 |
| Property and equipment, net | 1,013.3 | 935.3 |
| Goodwill | 1,473.8 | 1,450.9 |
| Other intangibles | 488.3 | 535.5 |
| Deferred income taxes | 231.8 | 246.2 |
| Other | 268.6 | 286.2 |
| Total assets | $6,601.8 | 6,366.0 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term borrowings | $151.7 | 47.2 |
| Current maturities of long-term debt | 117.1 | 82.4 |
| Accounts payable | 249.7 | 296.5 |
| Accrued liabilities | 1,126.9 | 1,019.4 |
| Restricted cash held for customers | 298.7 | 229.3 |
| Total current liabilities | 1,944.1 | 1,674.8 |
| Long-term debt | 3,262.5 | 3,273.2 |
| Accrued pension costs | 148.5 | 131.0 |
| Retirement benefits other than pensions | 159.6 | 174.5 |
| Lease liabilities | 265.8 | 249.9 |
| Deferred income taxes | 56.5 | 67.8 |
| Other | 244.6 | 224.6 |
| Total liabilities | 6,081.6 | 5,795.8 |
| Commitments and contingent liabilities (notes 4, 5, 15, 17, 23 and 24) | ||
| Equity: | ||
| The Brink’s Company (“Brink’s”) shareholders: | ||
| Common stock, par value $1 per share: | ||
| Shares issued and outstanding: 2023 - 44.5; 2022 - 46.3 | 44.5 | 46.3 |
| Capital in excess of par value | 675.9 | 684.1 |
| Retained earnings | 333.0 | 417.2 |
| Accumulated other comprehensive income (loss): | ||
| Benefit plan adjustments | (302.2) | (290.7) |
| Foreign currency translation | (368.2) | (433.8) |
| Unrealized losses on available-for-sale securities | (1.8) | (0.6) |
| Unrealized gains on cash flow hedges | 16.2 | 24.6 |
| Accumulated other comprehensive loss | (656.0) | (700.5) |
| Brink’s shareholders | 397.4 | 447.1 |
| Noncontrolling interests | 122.8 | 123.1 |
| Total equity | 520.2 | 570.2 |
| Total liabilities and equity | $6,601.8 | 6,366.0 |
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