CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)

As of

First Quarter of

2024

2023

Assets

Current assets:

Cash and cash equivalents

$                               255.1

$                               229.8

Accounts receivable, net

633.0

706.6

Inventories

230.0

235.7

Prepaid expenses

104.1

89.8

Other current assets

112.1

147.8

Assets held for sale

505.8

421.2

Total current assets

1,840.1

1,830.9

Property and equipment, net

197.9

202.5

Operating lease right-of-use assets

116.8

124.0

Goodwill

5,195.7

5,350.6

Other purchased intangible assets, net

1,168.3

1,243.5

Deferred income tax assets

407.5

412.3

Other non-current assets

394.9

375.5

Total assets

$                            9,321.2

$                            9,539.3

Liabilities and Stockholders' Equity

Current liabilities:

Short-term debt

$                               543.4

$                               530.4

Accounts payable

190.9

165.3

Accrued compensation and benefits

137.2

181.2

Deferred revenue

720.1

663.1

Other current liabilities

203.4

241.0

Liabilities held for sale

40.6

48.3

Total current liabilities

1,835.6

1,829.3

Long-term debt

2,486.9

2,536.2

Deferred revenue, non-current

98.5

98.3

Deferred income tax liabilities

265.4

287.8

Operating lease liabilities

115.4

121.9

Other non-current liabilities

170.3

165.7

Total liabilities

4,972.1

5,039.2

Stockholders' equity:

Common stock

0.2

0.2

Additional paid-in-capital

2,240.7

2,214.6

Retained earnings

2,340.8

2,437.4

Accumulated other comprehensive loss

(232.6)

(152.1)

Total stockholders' equity

4,349.1

4,500.1

Total liabilities and stockholders' equity                                         

$                            9,321.2

$                            9,539.3