CONDENSED CONSOLIDATED BALANCE SHEETS |
|||||||
(In millions) |
|||||||
(Unaudited) |
|||||||
First Quarter of |
Fiscal Year End |
||||||
As of |
2020 |
2019 |
|||||
Assets |
|||||||
Current assets: |
|||||||
Cash and cash equivalents |
$ |
216.8 |
$ |
189.2 |
|||
Accounts receivable, net |
546.6 |
608.2 |
|||||
Inventories |
327.2 |
312.1 |
|||||
Other current assets |
102.0 |
102.3 |
|||||
Total current assets |
1,192.6 |
1,211.8 |
|||||
Property and equipment, net |
244.8 |
241.4 |
|||||
Operating lease right-of-use assets |
129.8 |
140.3 |
|||||
Goodwill |
3,783.6 |
3,680.6 |
|||||
Other purchased intangible assets, net |
681.2 |
678.7 |
|||||
Deferred income tax assets |
466.1 |
475.5 |
|||||
Other non-current assets |
207.6 |
212.4 |
|||||
Total assets |
$ |
6,705.7 |
$ |
6,640.7 |
|||
Liabilities and Stockholders' Equity |
|||||||
Current liabilities: |
|||||||
Short-term debt |
$ |
280.7 |
$ |
219.0 |
|||
Accounts payable |
145.4 |
159.3 |
|||||
Accrued compensation and benefits |
110.3 |
123.5 |
|||||
Deferred revenue |
498.2 |
490.4 |
|||||
Other current liabilities |
192.3 |
198.1 |
|||||
Total current liabilities |
1,226.9 |
1,190.3 |
|||||
Long-term debt |
1,694.7 |
1,624.2 |
|||||
Deferred revenue, non-current |
53.3 |
51.5 |
|||||
Deferred income tax liabilities |
310.1 |
318.2 |
|||||
Income taxes payable |
69.1 |
69.1 |
|||||
Operating lease liabilities |
104.9 |
114.1 |
|||||
Other non-current liabilities |
144.4 |
152.9 |
|||||
Total liabilities |
3,603.4 |
3,520.3 |
|||||
Stockholders' equity: |
|||||||
Common stock |
0.2 |
0.2 |
|||||
Additional paid-in-capital |
1,716.6 |
1,692.8 |
|||||
Retained earnings |
1,615.4 |
1,602.8 |
|||||
Accumulated other comprehensive loss |
(230.9) |
(176.8) |
|||||
Total Trimble Inc. stockholders' equity |
3,101.3 |
3,119.0 |
|||||
Noncontrolling interests |
1.0 |
1.4 |
|||||
Total stockholders' equity |
3,102.3 |
3,120.4 |
|||||
Total liabilities and stockholders' equity |
$ |
6,705.7 |
$ |
6,640.7 |