CONDENSED CONSOLIDATED BALANCE SHEETS | |||||||
(In millions) | |||||||
(Unaudited) | |||||||
| |||||||
| Second Quarter of |
| Fiscal Year End | ||||
As of | 2020 |
| 2019 | ||||
Assets |
|
|
| ||||
Current assets: |
|
|
| ||||
Cash and cash equivalents | $ | 196.4 |
|
| $ | 189.2 |
|
Accounts receivable, net | 478.8 |
|
| 608.2 |
| ||
Inventories | 338.6 |
|
| 312.1 |
| ||
Other current assets | 106.2 |
|
| 102.3 |
| ||
Total current assets | 1,120.0 |
|
| 1,211.8 |
| ||
Property and equipment, net | 249.8 |
|
| 241.4 |
| ||
Operating lease right-of-use assets | 135.3 |
|
| 140.3 |
| ||
Goodwill | 3,807.5 |
|
| 3,680.6 |
| ||
Other purchased intangible assets, net | 645.3 |
|
| 678.7 |
| ||
Deferred income tax assets | 462.5 |
|
| 475.5 |
| ||
Other non-current assets | 224.6 |
|
| 212.4 |
| ||
Total assets | $ | 6,645.0 |
|
| $ | 6,640.7 |
|
Liabilities and Stockholders' Equity |
|
|
| ||||
Current liabilities: |
|
|
| ||||
Short-term debt | $ | 268.2 |
|
| $ | 219.0 |
|
Accounts payable | 128.9 |
|
| 159.3 |
| ||
Accrued compensation and benefits | 133.9 |
|
| 123.5 |
| ||
Deferred revenue | 481.9 |
|
| 490.4 |
| ||
Other current liabilities | 157.6 |
|
| 198.1 |
| ||
Total current liabilities | 1,170.5 |
|
| 1,190.3 |
| ||
Long-term debt | 1,564.5 |
|
| 1,624.2 |
| ||
Deferred revenue, non-current | 49.1 |
|
| 51.5 |
| ||
Deferred income tax liabilities | 317.9 |
|
| 318.2 |
| ||
Income taxes payable | 61.8 |
|
| 69.1 |
| ||
Operating lease liabilities | 112.1 |
|
| 114.1 |
| ||
Other non-current liabilities | 156.0 |
|
| 152.9 |
| ||
Total liabilities | 3,431.9 |
|
| 3,520.3 |
| ||
Stockholders' equity: |
|
|
| ||||
Common stock | 0.2 |
|
| 0.2 |
| ||
Additional paid-in-capital | 1,737.6 |
|
| 1,692.8 |
| ||
Retained earnings | 1,672.4 |
|
| 1,602.8 |
| ||
Accumulated other comprehensive loss | (198.3) |
|
| (176.8) |
| ||
Total Trimble Inc. stockholders' equity | 3,211.9 |
|
| 3,119.0 |
| ||
Noncontrolling interests | 1.2 |
|
| 1.4 |
| ||
Total stockholders' equity | 3,213.1 |
|
| 3,120.4 |
| ||
Total liabilities and stockholders' equity | $ | 6,645.0 |
|
| $ | 6,640.7 |
|