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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jul. 31, 2022
Oct. 31, 2021
Current assets:    
Cash and cash equivalents $ 246.3 $ 95.9
Trade accounts receivable, net of allowance for credit losses of $16.6 at July 31, 2022, and $9.2 at October 31, 2021 543.6 515.3
Inventories (Note 3) 621.6 585.6
Prepaid expense and other current assets 186.2 179.3
Assets held-for-sale 0.0 89.2
Total current assets 1,597.7 1,465.3
Property, plant and equipment, at cost 2,746.2 2,655.7
Less: accumulated depreciation and amortization 1,384.9 1,308.1
Property, plant and equipment, net 1,361.3 1,347.6
Operating lease right-of-use assets 240.0 257.0
Goodwill (Note 4) 3,665.8 2,574.0
Other intangibles, net (Note 4) 1,917.3 1,271.5
Deferred tax assets 2,464.0 2,546.6
Other assets 306.0 144.2
Total assets 11,552.1 9,606.2
Current liabilities:    
Short-term debt (Note 5) 534.6 82.9
Accounts payable 227.2 161.4
Employee compensation and benefits 140.8 148.7
Operating lease liabilities 35.9 35.7
Other current liabilities 437.2 301.7
Liabilities held-for-sale 0.0 1.7
Total current liabilities 1,375.7 732.1
Long-term debt (Note 5) 2,346.9 1,396.1
Deferred tax liabilities 143.8 24.1
Long-term tax payable 116.8 139.6
Operating lease liabilities 215.6 231.7
Accrued pension liability and other 270.2 140.6
Total liabilities 4,469.0 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 49.3 outstanding at July 31, 2022, and 53.7 issued and 49.3 outstanding at October 31, 2021 5.4 5.4
Additional paid-in capital 1,751.0 1,715.2
Accumulated other comprehensive loss (477.3) (341.3)
Retained earnings 6,519.4 6,202.1
Treasury stock at cost: 4.6 shares at July 31, 2022, and 4.4 shares at October 31, 2021 (715.6) (639.6)
Total Cooper stockholders’ equity 7,082.9 6,941.8
Noncontrolling interests 0.2 0.2
Stockholders’ equity (Note 9) 7,083.1 6,942.0
Total liabilities and stockholders’ equity $ 11,552.1 $ 9,606.2