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Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 31, 2024
Oct. 31, 2023
Current assets:    
Cash and cash equivalents $ 107.6 $ 120.8
Trade accounts receivable, net of allowance for credit losses of $43.5 at October 31, 2024 and $31.3 at October 31, 2023 717.0 609.7
Inventories (Note 1) 802.7 735.6
Prepaid expense and other current assets 324.2 238.8
Total current assets 1,951.5 1,704.9
Property, plant and equipment, net 1,863.4 1,632.6
Goodwill (Note 4) 3,838.4 3,624.5
Other intangibles, net (Note 4) 1,791.0 1,710.3
Deferred tax assets 2,210.3 2,349.5
Other assets 660.6 637.1
Total assets 12,315.2 11,658.9
Current liabilities:    
Short-term debt (Note 5) 33.3 45.4
Accounts payable 260.5 261.9
Employee compensation and benefits 174.8 174.8
Deferred revenue 129.9 123.6
Other current liabilities 424.3 363.3
Total current liabilities 1,022.8 969.0
Long-term debt (Note 5) 2,550.4 2,523.8
Deferred tax liabilities 96.0 101.5
Long-term tax payable 57.5 90.2
Deferred revenue 193.3 184.2
Other liabilities 311.6 239.2
Total liabilities 4,231.6 4,107.9
Contingencies (Note 11)
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, 217.2 issued and 199.6 outstanding at October 31, 2024 and 215.8 issued and 198.1 outstanding at October 31, 2023 [1] 21.7 21.6
Additional paid-in capital [1] 1,921.0 1,817.2
Accumulated other comprehensive loss [1] (421.7) (453.8)
Retained earnings [1] 7,268.4 6,876.1
Treasury stock at cost: 17.6 shares at October 31, 2024 and 17.7 shares at October 31, 2023 [1] (706.0) (710.3)
Total Cooper stockholders' equity [1] 8,083.4 7,550.8
Noncontrolling interests [1] 0.2 0.2
Stockholders’ equity (Note 8) [1],[2] 8,083.6 7,551.0
Total liabilities and stockholders’ equity [1] $ 12,315.2 $ 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. Organization and Significant Accounting Policies 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. Organization and Significant Accounting Policies for further information