CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)

First Quarter of

Fiscal Year End

As of

2021

2020

Assets

Current assets:

Cash and cash equivalents

$

264.6

$

237.7

Accounts receivable, net

576.6

620.5

Inventories

298.7

301.7

Other current assets

120.1

121.5

Total current assets

1,260.0

1,281.4

Property and equipment, net

251.6

251.8

Operating lease right-of-use assets

121.1

128.9

Goodwill

3,848.0

3,876.5

Other purchased intangible assets, net

543.0

580.1

Deferred income tax assets

502.7

510.2

Other non-current assets

254.1

248.0

Total assets

$

6,780.5

$

6,876.9

Liabilities and Stockholders' Equity

Current liabilities:

Short-term debt

$

97.5

$

255.8

Accounts payable

157.9

143.2

Accrued compensation and benefits

145.2

166.8

Deferred revenue

561.4

560.5

Other current liabilities

189.6

185.0

Total current liabilities

1,151.6

1,311.3

Long-term debt

1,291.9

1,291.4

Deferred revenue, non-current

57.5

53.3

Deferred income tax liabilities

292.2

300.3

Income taxes payable

61.8

62.2

Operating lease liabilities

101.9

109.2

Other non-current liabilities

150.0

150.6

Total liabilities

3,106.9

3,278.3

Stockholders' equity:

Common stock

0.3

0.3

Additional paid-in-capital

1,841.5

1,801.7

Retained earnings

1,961.8

1,893.4

Accumulated other comprehensive loss

(130.0)

(98.5)

Total Trimble Inc. stockholders' equity

3,673.6

3,596.9

Noncontrolling interests

—

1.7

Total stockholders' equity

3,673.6

3,598.6

Total liabilities and stockholders' equity

$

6,780.5

$

6,876.9