XML 19 R3.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jan. 31, 2021
Oct. 31, 2020
Current assets:    
Cash and cash equivalents $ 119.1 $ 115.9
Trade accounts receivable, net of allowance for credit losses of $11.9 at January 31, 2021 and $10.2 at October 31, 2020 461.2 435.4
Inventories (Note 3) 570.5 570.4
Prepaid expense and other current assets 146.6 152.5
Total current assets 1,297.4 1,274.2
Property, plant and equipment, at cost 2,555.8 2,474.8
Less: accumulated depreciation and amortization 1,250.7 1,192.9
Property, plant and equipment, net 1,305.1 1,281.9
Operating lease right-of-use assets 270.3 260.2
Goodwill (Note 4) 2,553.3 2,447.3
Other intangibles, net (Note 4) 1,358.6 1,289.0
Deferred tax assets 2,031.2 80.1
Other assets 106.0 104.8
Total assets 8,921.9 6,737.5
Current liabilities:    
Short-term debt (Note 5) 400.7 409.3
Accounts payable 137.4 176.0
Employee compensation and benefits 110.0 119.0
Operating lease liabilities 34.7 33.3
Other current liabilities 278.5 266.8
Total current liabilities 961.3 1,004.4
Long-term debt (Note 5) 1,413.9 1,383.9
Deferred tax liabilities 21.6 25.8
Long-term tax payable 164.9 162.0
Operating lease liabilities 246.0 236.8
Accrued pension liability and other 124.3 99.8
Total liabilities 2,932.0 2,912.7
Contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, 10 cents par value, 1.0 shares authorized, zero shares issued or outstanding 0.0 0.0
Common stock, 10 cents par value, 120.0 shares authorized, 53.5 issued and 49.1 outstanding at January 31, 2021 and 53.4 issued and 49.1 outstanding at October 31, 2020 5.3 5.3
Additional paid-in capital 1,647.2 1,646.8
Accumulated other comprehensive loss (381.3) (472.0)
Retained earnings 5,360.0 3,261.8
Treasury stock at cost: 4.4 shares at January 31, 2021 and 4.3 shares at October 31, 2020 (641.5) (617.3)
Total Cooper stockholders’ equity 5,989.7 3,824.6
Noncontrolling interests 0.2 0.2
Stockholders’ equity (Note 9) 5,989.9 3,824.8
Total liabilities and stockholders’ equity $ 8,921.9 $ 6,737.5