CONDENSED CONSOLIDATED BALANCE SHEETS

(In millions)

(Unaudited)

Fiscal Year End

Fiscal Year End

2017

2016

Assets

Current assets:

Cash and cash equivalents

$           358.5

$           216.1

Short term investments

178.9

111.1

Accounts receivable, net

414.8

354.8

Other receivables

42.8

35.4

Inventories

271.8

218.8

Other current assets

50.3

42.5

Total current assets

1,317.1

978.7

Property and equipment, net

174.0

144.2

Goodwill

2,287.1

2,077.6

Other purchased intangible assets, net

364.8

333.3

Other non-current assets

155.2

140.0

Total assets

$        4,298.2

$        3,673.8

Liabilities and Stockholders' Equity

Current liabilities:

Short-term debt

$           128.4

$           130.3

Accounts payable

146.1

109.8

Accrued compensation and benefits

143.0

97.5

Deferred revenue

272.4

246.5

Accrued warranty expense

18.3

17.2

Other current liabilities

101.0

86.9

Total current liabilities

809.2

Long-term debt

785.5

489.6

Non-current deferred revenue

41.0

37.7

Deferred income tax liabilities

40.4

38.8

Income taxes payable

94.1

—

Other non-current liabilities

162.0

113.8

Total liabilities

1,932.2

1,368.1

Stockholders' equity:

Common stock

0.2

0.3

Additional paid-in capital

1,461.1

1,348.3

Retained earnings

1,035.9

1,177.1

Accumulated other comprehensive loss

(131.2)

(219.9)

Total Trimble Inc. stockholders' equity

2,366.0

2,305.8

Noncontrolling interests

—

(0.1)

Total stockholders' equity

2,366.0

2,305.7

Total liabilities and stockholders' equity

$        4,298.2

$        3,673.8