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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2024
Oct. 31, 2023
Current assets:    
Cash and cash equivalents $ 109.7 $ 120.8
Trade accounts receivable, net of allowance for credit losses of $42.8 at July 31, 2024, and $31.3 at October 31, 2023 739.0 609.7
Inventories (Note 3) 779.3 735.6
Prepaid expense and other current assets 298.7 238.8
Total current assets 1,926.7 1,704.9
Property, plant and equipment, net 1,747.6 1,632.6
Goodwill 3,777.2 3,624.5
Other intangibles, net (Note 4) 1,786.8 1,710.3
Deferred tax assets 2,248.3 2,349.5
Other assets 621.4 637.1
Total assets 12,108.0 11,658.9
Current liabilities:    
Short-term debt (Note 5) 40.8 45.4
Accounts payable 222.0 261.9
Employee compensation and benefits 156.5 174.8
Deferred revenue 126.4 123.6
Other current liabilities 423.8 363.3
Total current liabilities 969.5 969.0
Long-term debt (Note 5) 2,591.6 2,523.8
Deferred tax liabilities 94.9 101.5
Long-term tax payable 59.0 90.2
Deferred revenue 190.8 184.2
Other liabilities 277.0 239.2
Total liabilities 4,182.8 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, 216.7 issued and 199.1 outstanding at July 31, 2024, and 215.8 issued and 198.1 outstanding at October 31, 2023 [1] 21.7 21.6
Additional paid-in capital [1] 1,884.7 1,817.2
Accumulated other comprehensive loss [1] (425.1) (453.8)
Retained earnings [1] 7,150.9 6,876.1
Treasury stock at cost: 17.6 shares at July 31, 2024, and 17.7 shares at October 31, 2023 [1] (707.2) (710.3)
Total Cooper stockholders’ equity [1] 7,925.0 7,550.8
Noncontrolling interests [1] 0.2 0.2
Stockholders’ equity (Note 9) 7,925.2 [2] 7,551.0 [1]
Total liabilities and stockholders’ equity $ 12,108.0 $ 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.