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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Apr. 30, 2022
Oct. 31, 2021
Current assets:    
Cash and cash equivalents $ 399.2 $ 95.9
Trade accounts receivable, net of allowance for credit losses of $13.8 at April 30, 2022, and $9.2 at October 31, 2021 532.0 515.3
Inventories (Note 3) 603.8 585.6
Prepaid expense and other current assets 203.2 179.3
Assets held-for-sale 0.0 89.2
Total current assets 1,738.2 1,465.3
Property, plant and equipment, at cost 2,719.1 2,655.7
Less: accumulated depreciation and amortization 1,353.5 1,308.1
Property, plant and equipment, net 1,365.6 1,347.6
Operating lease right-of-use assets 249.9 257.0
Goodwill (Note 4) 3,719.4 2,574.0
Other intangibles, net (Note 4) 1,907.4 1,271.5
Deferred tax assets 2,480.1 2,546.6
Other assets 317.4 144.2
Total assets 11,778.0 9,606.2
Current liabilities:    
Short-term debt (Note 5) 905.7 82.9
Accounts payable 184.1 161.4
Employee compensation and benefits 120.0 148.7
Operating lease liabilities 36.2 35.7
Other current liabilities 402.4 301.7
Liabilities held-for-sale 0.0 1.7
Total current liabilities 1,648.4 732.1
Long-term debt (Note 5) 2,346.7 1,396.1
Deferred tax liabilities 131.6 24.1
Long-term tax payable 126.1 139.6
Operating lease liabilities 226.0 231.7
Accrued pension liability and other 285.4 140.6
Total liabilities 4,764.2 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 5.4 5.4
Additional paid-in capital 1,736.8 1,715.2
Accumulated other comprehensive loss (434.5) (341.3)
Retained earnings 6,422.5 6,202.1
Treasury stock at cost: 4.6 shares at April 30, 2022, and 4.4 shares at October 31, 2021 (716.6) (639.6)
Total Cooper stockholders’ equity 7,013.6 6,941.8
Noncontrolling interests 0.2 0.2
Stockholders’ equity (Note 9) 7,013.8 6,942.0
Total liabilities and stockholders’ equity $ 11,778.0 $ 9,606.2