OTIS: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, OTIS has $10,771M in assets. $16,057M in debts. $840M in cash and cash equivalents.

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

Balance Sheets	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Cash and cash equivalents	840	688	1,918	827
Accounts receivable	3,752	3,696	3,570	3,604
Contract assets	803	769	690	776
Inventories	640	602	586	625
Other current assets	577	632	671	663
Total current assets	6,612	6,387	7,435	6,495
Future income tax benefits	411	392	305	315
Fixed assets (net of accumulated depreciation of 1,269 and 1,192)	742	732	708	721
Operating lease right-of-use assets	566	530	456	409
Intangible assets, net	348	357	326	330
Goodwill	1,699	1,707	1,588	1,630
Other assets	393	390	360	361
Total assets	10,771	10,495	11,178	10,261

Short-term borrowings and current portion of long-term debt	492	675	1,483	1,667
Accounts payable	1,758	1,739	1,618	1,779
Accrued liabilities	2,015	2,016	1,921	1,864
Contract liabilities	2,800	2,816	2,870	2,787
Total current liabilities	7,065	7,246	7,892	8,097
Long-term debt	7,592	7,074	6,923	5,596
Future pension and postretirement benefit obligations	458	454	432	462
Operating lease liabilities	404	375	319	286
Future income tax obligations	210	211	217	215
Other long-term liabilities	328	339	386	385
Total liabilities	16,057	15,699	16,169	15,041
Redeemable noncontrolling interest	67	66	62	55
Common stock and additional paid-in capital	320	300	278	245
Treasury stock	4,198	3,948	3,646	3,189
Accumulated deficit	-453	-663	-889	-1,153
Accumulated other comprehensive income (loss)	-1,091	-1,056	-871	-804
Total shareholders' equity (deficit)	-5,422	-5,367	-5,128	-4,901
Noncontrolling interest	69	97	75	66
Total equity (deficit)	-5,353	-5,270	-5,053	-4,835
Total liabilities and equity (deficit)	10,771	10,495	11,178	10,261