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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jan. 31, 2022
Oct. 31, 2021
Current assets:    
Cash and cash equivalents $ 280.7 $ 95.9
Trade accounts receivable, net of allowance for credit losses of $11.3 at January 31, 2022 and $9.2 at October 31, 2021 525.9 515.3
Inventories (Note 3) 588.1 585.6
Prepaid expense and other current assets 196.6 179.3
Assets held-for-sale (Note 2) 106.8 89.2
Total current assets 1,698.1 1,465.3
Property, plant and equipment, at cost 2,695.6 2,655.7
Less: accumulated depreciation and amortization 1,334.1 1,308.1
Property, plant and equipment, net 1,361.5 1,347.6
Operating lease right-of-use assets 268.0 257.0
Goodwill (Note 4) 3,835.7 2,574.0
Other intangibles, net (Note 4) 1,842.0 1,271.5
Deferred tax assets 2,488.2 2,546.6
Other assets 169.0 144.2
Total assets 11,662.5 9,606.2
Current liabilities:    
Short-term debt (Note 5) 912.0 82.9
Accounts payable 149.0 161.4
Employee compensation and benefits 122.2 148.7
Operating lease liabilities 36.7 35.7
Other current liabilities 425.5 301.7
Liabilities held-for-sale (Note 2) 19.0 1.7
Total current liabilities 1,664.4 732.1
Long-term debt (Note 5) 2,346.5 1,396.1
Deferred tax liabilities 100.6 24.1
Long-term tax payable 138.0 139.6
Operating lease liabilities 241.0 231.7
Accrued pension liability and other 245.9 140.6
Total liabilities 4,736.4 2,664.2
Contingencies (Note 12)
Stockholders’ equity:    
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, 53.8 issued and 49.2 outstanding at January 31, 2022 and 53.7 issued and 49.3 outstanding at October 31, 2021 5.4 5.4
Additional paid-in capital 1,719.2 1,715.2
Accumulated other comprehensive loss (377.2) (341.3)
Retained earnings 6,295.9 6,202.1
Treasury stock at cost: 4.6 shares at January 31, 2022 and 4.4 shares at October 31, 2021 (717.4) (639.6)
Total Cooper stockholders’ equity 6,925.9 6,941.8
Noncontrolling interests 0.2 0.2
Stockholders’ equity (Note 9) 6,926.1 6,942.0
Total liabilities and stockholders’ equity $ 11,662.5 $ 9,606.2