CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||
(In millions) | ||||||
(Unaudited) | ||||||
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Third Quarter of |
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Fiscal Year End |
As of |
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2017 |
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2016 | ||
Assets |
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Current assets: |
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Cash and cash equivalents |
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$ 255.0 |
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$ 216.1 | |
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Short-term investments |
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154.2 |
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111.1 | |
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Accounts receivable, net |
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407.2 |
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354.8 | |
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Other receivables |
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35.4 |
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35.4 | |
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Inventories |
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254.7 |
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218.8 | |
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Other current assets |
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55.4 |
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42.5 | |
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Total current assets |
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1,161.9 |
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978.7 |
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Property and equipment, net |
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160.5 |
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144.2 | ||
Goodwill |
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2,289.3 |
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2,077.6 | ||
Other purchased intangible assets, net |
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405.8 |
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333.3 | ||
Other non-current assets |
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163.2 |
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140.0 | ||
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Total assets |
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$ 4,180.7 |
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$ 3,673.8 |
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Liabilities and Stockholders' Equity |
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Current liabilities: |
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Short-term debt |
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$ 135.4 |
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$ 130.3 | |
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Accounts payable |
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146.2 |
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109.8 | |
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Accrued compensation and benefits |
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116.7 |
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97.5 | |
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Deferred revenue |
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285.4 |
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246.5 | |
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Accrued warranty expense |
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17.8 |
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17.2 | |
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Other current liabilities |
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106.9 |
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86.9 | |
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Total current liabilities |
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808.4 |
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688.2 |
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Long-term debt |
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560.4 |
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489.6 | ||
Non-current deferred revenue |
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41.3 |
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37.7 | ||
Deferred income tax liabilities |
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45.2 |
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38.8 | ||
Other non-current liabilities |
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168.0 |
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113.8 | ||
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Total liabilities |
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1,623.3 |
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1,368.1 |
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Stockholders' equity: |
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Common stock |
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0.3 |
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0.3 | |
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Additional paid-in-capital |
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1,452.0 |
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1,348.3 | |
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Retained earnings |
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1,236.0 |
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1,177.1 | |
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Accumulated other comprehensive loss |
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(130.8) |
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(219.9) | |
Total Trimble Inc. stockholders' equity |
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2,557.5 |
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2,305.8 | ||
Noncontrolling interests |
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(0.1) |
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(0.1) | ||
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Total stockholders' equity |
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2,557.4 |
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2,305.7 |
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Total liabilities and stockholders' equity |
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$ 4,180.7 |
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$ 3,673.8 |