CONDENSED CONSOLIDATED BALANCE SHEETS (In millions) (Unaudited) First Quarter of Fiscal Year End As of 2017 2016 Assets Current assets: Cash and cash equivalents $ 280.8 $ 216.1 Short-term investments 141.8 111.1 Accounts receivable, net 394.7 354.8 Other receivables 30.5 35.4 Inventories 221.1 218.8 Other current assets 46.6 42.5 Total current assets 1,115.5 978.7 Property and equipment, net 142.8 144.2 Goodwill 2,128.6 2,077.6 Other purchased intangible assets, net 361.6 333.3 Other non-current assets 148.9 140.0 Total assets $ 3,897.4 $ 3,673.8 Liabilities and Shareholders' Equity Current liabilities: Short-term debt $ 138.3 $ 130.3 Accounts payable 115.9 109.8 Accrued compensation and benefits 85.8 97.5 Deferred revenue 299.3 246.5 Accrued warranty expense 17.4 17.2 Other current liabilities 102.6 86.9 Total current liabilities 759.3 688.2 Long-term debt 509.8 489.6 Non-current deferred revenue 37.7 37.7 Deferred income tax liabilities 39.2 38.8 Other non-current liabilities 130.5 113.8 Total liabilities 1,476.5 1,368.1 Stockholders' equity: Common stock 0.3 0.3 Additional paid-in-capital 1,399.4 1,348.3 Retained earnings 1,216.1 1,177.1 Accumulated other comprehensive loss (194.8) (219.9) Total Trimble Inc. stockholders' equity 2,421.0 2,305.8 Noncontrolling interests (0.1) (0.1) Total stockholders' equity 2,420.9 2,305.7 Total liabilities and stockholders' equity $ 3,897.4 $ 3,673.8
