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Consolidated Balance Sheets - USD ($)
Dec. 01, 2018
Dec. 02, 2017
Current assets:    
Cash and cash equivalents $ 150,793,000 $ 194,398,000
Trade receivables, net 485,719,000 473,700,000
Inventories 355,563,000 372,102,000
Other current assets 95,657,000 117,389,000
Total current assets 1,087,732,000 1,157,589,000
Property, plant and equipment, net 636,549,000 670,194,000
Goodwill 1,305,171,000 1,336,684,000
Other intangibles, net 908,151,000 1,001,792,000
Other assets 237,668,000 206,984,000
Total assets [1] 4,175,271,000 4,373,243,000
Current liabilities:    
Notes payable 14,770,000 31,468,000
Current maturities of long-term debt 91,225,000 21,515,000
Trade payables 273,378,000 268,467,000
Accrued compensation 78,384,000 84,903,000
Income taxes payable 12,578,000 14,335,000
Other accrued expenses 75,788,000 84,225,000
Total current liabilities 546,123,000 504,913,000
Total long-term debt, excluding current maturities 2,141,532,000 2,398,927,000
Accrued pension liabilities 70,680,000 71,205,000
Other liabilities 264,768,000 346,381,000
Total liabilities 3,023,103,000 3,321,426,000
Commitments and contingencies (Note 12)
H.B. Fuller stockholders' equity:    
Preferred stock (no shares outstanding) Shares authorized – 10,045,900
Common stock, par value $1.00 per share, Shares authorized – 160,000,000, Shares outstanding – 50,732,796 and 50,388,839, for 2018 and 2017, respectively 50,733,000 50,389,000
Additional paid-in capital 95,940,000 74,662,000
Retained earnings 1,285,246,000 1,127,028,000
Accumulated other comprehensive loss (280,152,000) (200,655,000)
Total H.B. Fuller stockholders' equity 1,151,767,000 1,051,424,000
Non-controlling interest 401,000 393,000
Total equity 1,152,168,000 1,051,817,000 [2]
Total liabilities, non-controlling interest and total equity $ 4,175,271,000 $ 4,373,243,000
[1] Segment assets include primarily inventory, accounts receivable, property, plant and equipment and other miscellaneous assets. Corporate assets include primarily corporate property, plant and equipment, deferred tax assets, certain investments and other assets.
[2] The Consolidated Statements of Total Equity have been adjusted to reflect retrospectively the change in method of valuing certain inventories in the United States from the LIFO method to the weighted-average cost method adopted in fiscal 2018.