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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Apr. 30, 2024
Oct. 31, 2023
Current assets:    
Cash and cash equivalents $ 112.4 $ 120.8
Trade accounts receivable, net of allowance for credit losses of $39.9 at April 30, 2024, and $31.3 at October 31, 2023 688.7 609.7
Inventories (Note 3) 775.4 735.6
Prepaid expense and other current assets 282.5 238.8
Total current assets 1,859.0 1,704.9
Property, plant and equipment, net 1,709.3 1,632.6
Goodwill 3,761.3 3,624.5
Other intangibles, net (Note 4) 1,796.9 1,710.3
Deferred tax assets 2,283.7 2,349.5
Other assets 637.2 637.1
Total assets 12,047.4 11,658.9
Current liabilities:    
Short-term debt (Note 5) 41.7 45.4
Accounts payable 230.7 261.9
Employee compensation and benefits 144.7 174.8
Deferred revenue 121.7 123.6
Other current liabilities 413.7 363.3
Total current liabilities 952.5 969.0
Long-term debt (Note 5) 2,671.3 2,523.8
Deferred tax liabilities 94.2 101.5
Long-term tax payable 59.0 90.2
Deferred revenue 188.6 184.2
Other liabilities 277.9 239.2
Total liabilities 4,243.5 4,107.9
Contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.10 par value, 1.0 shares authorized, zero shares issued or outstanding [1] 0.0 0.0
Common stock, $0.10 par value, 480.0 shares authorized, 216.8 issued and 199.1 outstanding at April 30, 2024, and 215.8 issued and 198.1 outstanding at October 31, 2023 [1] 21.7 21.6
Additional paid-in capital [1] 1,866.7 1,817.2
Accumulated other comprehensive loss [1] (422.6) (453.8)
Retained earnings [1] 7,046.2 6,876.1
Treasury stock at cost: 17.7 shares at April 30, 2024, and 17.7 shares at October 31, 2023 [1] (708.3) (710.3)
Total Cooper stockholders’ equity [1] 7,803.7 7,550.8
Noncontrolling interests [1] 0.2 0.2
Stockholders’ equity (Note 9) 7,803.9 [1] 7,551.0 [2]
Total liabilities and stockholders’ equity $ 12,047.4 $ 11,658.9
[1] All periods presented have been adjusted to reflect the four-for-one stock split effected on February 16, 2024. Refer to Note 1. General for further information.
[2] All periods presented have been adjusted to reflect the four-for-one stock split effected on February 16, 2024. Refer to Note 1. General for further information.