DRS: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, DRS has $4,245M in assets. $309M in cash and cash equivalents.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	309	278
Accounts receivable, net	327	265
Contract assets	1,054	1,016
Inventories	404	400
Prepaid expenses	32	26
Other current assets	40	40
Total current assets	2,166	2,025
Property, plant and equipment, net	477	463
Intangible assets, net	114	120
Goodwill	1,238	1,238
Deferred tax assets	118	118
Other noncurrent assets	132	115
Total noncurrent assets	2,079	2,054
Total assets	4,245	4,079

Short-term borrowings and current portion of long-term debt	24	22
Accounts payable	342	265
Contract liabilities	440	436
Other current liabilities	276	235
Total current liabilities	1,082	958
Long-term debt	326	331
Pension and other postretirement benefit plan liabilities	28	29
Deferred tax liabilities	5	6
Other noncurrent liabilities	156	155
Total noncurrent liabilities	515	521
Common stock, 0.01 par value 350,000,000 shares authorized 266,098,028 and 265,064,755 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively	3	3
Additional paid-in capital	5,105	5,128
Accumulated deficit	-2,417	-2,489
Accumulated other comprehensive loss	-43	-42
Total stockholders' equity	2,648	2,600
Total liabilities and stockholders' equity	4,245	4,079