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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2021
Oct. 31, 2020
Current assets:    
Cash and cash equivalents $ 112.2 $ 115.9
Trade accounts receivable, net of allowance for credit losses of $9.1 at July 31, 2021 and $10.2 at October 31, 2020 535.1 435.4
Inventories (Note 3) 587.9 570.4
Prepaid expense and other current assets 151.3 152.5
Assets held-for-sale (Note 2) 88.1 0.0
Total current assets 1,474.6 1,274.2
Property, plant and equipment, at cost 2,618.1 2,474.8
Less: accumulated depreciation and amortization 1,303.8 1,192.9
Property, plant and equipment, net 1,314.3 1,281.9
Operating lease right-of-use assets 256.3 260.2
Goodwill (Note 4) 2,585.2 2,447.3
Other intangibles, net (Note 4) 1,308.1 1,289.0
Deferred tax assets (Note 6) 2,554.9 80.1
Other assets 117.2 104.8
Total assets 9,610.6 6,737.5
Current liabilities:    
Short-term debt (Note 5) 440.1 409.3
Accounts payable 153.0 176.0
Employee compensation and benefits 155.6 119.0
Operating lease liabilities 29.7 33.3
Other current liabilities 283.2 266.8
Liabilities held-for-sale (Note 2) 1.6 0.0
Total current liabilities 1,063.2 1,004.4
Long-term debt (Note 5) 1,179.9 1,383.9
Deferred tax liabilities (Note 6) 28.8 25.8
Long-term tax payable (Note 6) 139.6 162.0
Operating lease liabilities 236.7 236.8
Accrued pension liability and other 177.0 99.8
Total liabilities 2,825.2 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 July 31, 2021 and 53.4 issued and 49.1 outstanding at October 31, 2020 5.4 5.3
Additional paid-in capital 1,688.1 1,646.8
Accumulated other comprehensive loss (359.8) (472.0)
Retained earnings 6,091.8 3,261.8
Treasury stock at cost: 4.4 shares at July 31, 2021 and 4.3 shares at October 31, 2020 (640.3) (617.3)
Total Cooper stockholders’ equity 6,785.2 3,824.6
Noncontrolling interests 0.2 0.2
Stockholders’ equity 6,785.4 3,824.8
Total liabilities and stockholders’ equity $ 9,610.6 $ 6,737.5