CONDENSED CONSOLIDATED BALANCE SHEETS | |||||||
(In millions) | |||||||
(Unaudited) | |||||||
| |||||||
| Second Quarter of |
| Fiscal Year End | ||||
As of | 2021 |
| 2020 | ||||
Assets |
|
|
| ||||
Current assets: |
|
|
| ||||
Cash and cash equivalents | $ | 484.4 |
|
| $ | 237.7 |
|
Accounts receivable, net | 583.2 |
|
| 620.5 |
| ||
Inventories | 298.5 |
|
| 301.7 |
| ||
Other current assets | 128.4 |
|
| 121.5 |
| ||
Total current assets | 1,494.5 |
|
| 1,281.4 |
| ||
Property and equipment, net | 229.3 |
|
| 251.8 |
| ||
Operating lease right-of-use assets | 114.4 |
|
| 128.9 |
| ||
Goodwill | 3,846.8 |
|
| 3,876.5 |
| ||
Other purchased intangible assets, net | 508.3 |
|
| 580.1 |
| ||
Deferred income tax assets | 504.7 |
|
| 510.2 |
| ||
Other non-current assets | 264.2 |
|
| 248.0 |
| ||
Total assets | $ | 6,962.2 |
|
| $ | 6,876.9 |
|
Liabilities and Stockholders' Equity |
|
|
| ||||
Current liabilities: |
|
|
| ||||
Short-term debt | $ | 89.1 |
|
| $ | 255.8 |
|
Accounts payable | 181.4 |
|
| 143.2 |
| ||
Accrued compensation and benefits | 180.2 |
|
| 166.8 |
| ||
Deferred revenue | 536.5 |
|
| 560.5 |
| ||
Other current liabilities | 181.3 |
|
| 185.0 |
| ||
Total current liabilities | 1,168.5 |
|
| 1,311.3 |
| ||
Long-term debt | 1,292.3 |
|
| 1,291.4 |
| ||
Deferred revenue, non-current | 69.6 |
|
| 53.3 |
| ||
Deferred income tax liabilities | 288.8 |
|
| 300.3 |
| ||
Income taxes payable | 54.5 |
|
| 62.2 |
| ||
Operating lease liabilities | 96.8 |
|
| 109.2 |
| ||
Other non-current liabilities | 153.1 |
|
| 150.6 |
| ||
Total liabilities | 3,123.6 |
|
| 3,278.3 |
| ||
Stockholders' equity: |
|
|
| ||||
Common stock | 0.3 |
|
| 0.3 |
| ||
Additional paid-in-capital | 1,873.0 |
|
| 1,801.7 |
| ||
Retained earnings | 2,077.2 |
|
| 1,893.4 |
| ||
Accumulated other comprehensive loss | (111.9) |
|
| (98.5) |
| ||
Total Trimble Inc. stockholders' equity | 3,838.6 |
|
| 3,596.9 |
| ||
Noncontrolling interests | — |
|
| 1.7 |
| ||
Total stockholders' equity | 3,838.6 |
|
| 3,598.6 |
| ||
Total liabilities and stockholders' equity | $ | 6,962.2 |
|
| $ | 6,876.9 |
|