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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Apr. 30, 2021
Oct. 31, 2020
Current assets:    
Cash and cash equivalents $ 105.9 $ 115.9
Trade accounts receivable, net of allowance for credit losses of $10.7 at April 30, 2021 and $10.2 at October 31, 2020 490.1 435.4
Inventories (Note 3) 582.0 570.4
Prepaid expense and other current assets 144.6 152.5
Total current assets 1,322.6 1,274.2
Property, plant and equipment, at cost 2,581.4 2,474.8
Less: accumulated depreciation and amortization 1,271.4 1,192.9
Property, plant and equipment, net 1,310.0 1,281.9
Operating lease right-of-use assets 264.9 260.2
Goodwill (Note 4) 2,567.7 2,447.3
Other intangibles, net (Note 4) 1,412.4 1,289.0
Deferred tax assets (Note 6) 2,017.4 80.1
Other assets 118.8 104.8
Total assets 9,013.8 6,737.5
Current liabilities:    
Short-term debt (Note 5) 412.6 409.3
Accounts payable 141.6 176.0
Employee compensation and benefits 127.0 119.0
Operating lease liabilities 34.2 33.3
Other current liabilities 277.3 266.8
Total current liabilities 992.7 1,004.4
Long-term debt (Note 5) 1,324.9 1,383.9
Deferred tax liabilities (Note 6) 22.3 25.8
Long-term tax payable (Note 6) 149.5 162.0
Operating lease liabilities 240.9 236.8
Accrued pension liability and other 120.7 99.8
Total liabilities 2,851.0 2,912.7
Contingencies (Note 12)
Stockholders’ equity (Note 9):    
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, 53.6 issued and 49.2 outstanding at April 30, 2021 and 53.4 issued and 49.1 outstanding at October 31, 2020 5.4 5.3
Additional paid-in capital 1,667.8 1,646.8
Accumulated other comprehensive loss (347.2) (472.0)
Retained earnings 5,477.5 3,261.8
Treasury stock at cost: 4.4 shares at April 30, 2021 and 4.3 shares at October 31, 2020 (640.9) (617.3)
Total Cooper stockholders’ equity 6,162.6 3,824.6
Noncontrolling interests 0.2 0.2
Stockholders’ equity 6,162.8 3,824.8
Total liabilities and stockholders’ equity $ 9,013.8 $ 6,737.5