CONDENSED CONSOLIDATED BALANCE SHEETS | ||||
(In millions) | ||||
(Unaudited) | ||||
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|
Second Quarter of |
|
Fiscal Year End |
As of |
|
2015 |
|
2014 |
Assets |
|
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
Cash and cash equivalents |
|
$ 129.0 |
|
$ 148.0 |
Accounts receivable, net |
|
355.5 |
|
362.0 |
Other receivables |
|
26.0 |
|
29.5 |
Inventories, net |
|
280.8 |
|
278.1 |
Deferred income taxes |
|
48.2 |
|
45.6 |
Other current assets |
|
45.6 |
|
39.4 |
Total current assets |
|
885.1 |
|
902.6 |
|
|
|
|
|
Property and equipment, net |
|
161.7 |
|
157.4 |
Goodwill |
|
2,087.4 |
|
2,101.2 |
Other purchased intangible assets, net |
|
525.5 |
|
594.5 |
Other non-current assets |
|
120.5 |
|
118.6 |
|
|
|
|
|
Total assets |
|
$ 3,780.2 |
|
$ 3,874.3 |
|
|
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|
|
Liabilities |
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|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
Current portion of long-term debt |
|
$ 124.2 |
|
$ 64.4 |
Accounts payable |
|
109.6 |
|
103.8 |
Accrued compensation and benefits |
|
96.2 |
|
98.9 |
Deferred revenue |
|
258.1 |
|
211.6 |
Accrued warranty expense |
|
19.1 |
|
20.6 |
Other current liabilities |
|
89.4 |
|
89.0 |
Total current liabilities |
|
696.6 |
|
588.3 |
|
|
|
|
|
Non-current portion of long-term debt |
|
515.4 |
|
674.0 |
Non-current deferred revenue |
|
28.5 |
|
26.3 |
Deferred income taxes |
|
104.3 |
|
121.1 |
Other non-current liabilities |
|
96.2 |
|
95.8 |
Total liabilities |
|
1,441.0 |
|
1,505.5 |
|
|
|
|
|
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|
|
|
|
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|
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|
|
Equity |
|
|
|
|
|
|
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|
|
Shareholders' equity: |
|
|
|
|
Common stock |
|
1,235.8 |
|
1,207.3 |
Retained earnings |
|
1,210.9 |
|
1,211.0 |
Accumulated other comprehensive loss |
|
(108.6) |
|
(61.3) |
Total Trimble Navigation Ltd. shareholders' equity |
|
2,338.1 |
|
2,357.0 |
Noncontrolling interests |
|
1.1 |
|
11.8 |
Total equity |
|
2,339.2 |
|
2,368.8 |
|
|
|
|
|
Total liabilities and equity |
|
$ 3,780.2 |
|
$ 3,874.3 |