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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jan. 31, 2024
Oct. 31, 2023
Current assets:    
Cash and cash equivalents $ 135.2 $ 120.8
Trade accounts receivable, net of allowance for credit losses of $34.7 at January 31, 2024, and $31.3 at October 31, 2023 651.0 609.7
Inventories (Note 3) 747.5 735.6
Prepaid expense and other current assets 260.2 238.8
Total current assets 1,793.9 1,704.9
Property, plant and equipment, net 1,682.2 1,632.6
Goodwill 3,773.2 3,624.5
Other intangibles, net (Note 4) 1,848.1 1,710.3
Deferred tax assets 2,318.3 2,349.5
Other assets 616.9 637.1
Total assets 12,032.6 11,658.9
Current liabilities:    
Short-term debt (Note 5) 46.1 45.4
Accounts payable 202.3 261.9
Employee compensation and benefits 178.7 174.8
Deferred revenue 122.4 123.6
Other current liabilities 415.4 363.3
Total current liabilities 964.9 969.0
Long-term debt (Note 5) 2,726.2 2,523.8
Deferred tax liabilities 90.4 101.5
Long-term tax payable 88.1 90.2
Deferred revenue 186.3 184.2
Other liabilities 281.4 239.2
Total liabilities 4,337.3 4,107.9
Contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $10 cents par value, 1.0 shares authorized, zero shares issued or outstanding [1] 0.0 0.0
Common stock, $10 cents par value, 480.0 shares authorized, 216.4 issued and 198.7 outstanding at January 31, 2024, and 215.8 issued and 198.1 outstanding at October 31, 2023 [1] 21.6 21.6
Additional paid-in capital [1] 1,847.4 1,817.2
Accumulated other comprehensive loss [1] (422.0) (453.8)
Retained earnings [1] 6,957.3 6,876.1
Treasury stock at cost: 17.7 shares at January 31, 2024, and 17.7 shares at October 31, 2023 [1] (709.2) (710.3)
Total Cooper stockholders’ equity [1] 7,695.1 7,550.8
Noncontrolling interests [1] 0.2 0.2
Stockholders’ equity (Note 9) [2] 7,695.3 7,551.0
Total liabilities and stockholders’ equity $ 12,032.6 $ 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.