CONDENSED CONSOLIDATED BALANCE SHEETS

(In millions)

(Unaudited)

Fiscal Year End

Fiscal Year End

2016

2015

Assets

Current assets:

Cash and cash equivalents

$     216.1

$     116.0

Short term investments

111.1

—

Accounts receivable, net

354.8

361.9

Other receivables

35.4

14.9

Inventories, net

218.8

261.1

Other current assets

42.5

44.5

Total current assets

978.7

798.4

Property and equipment, net

144.2

159.2

Goodwill

2,077.6

2,106.4

Other purchased intangible assets, net

333.3

487.1

Other non-current assets

140.0

129.6

Total assets

$  3,673.8

$  3,680.7

Liabilities and Stockholders' Equity

Current liabilities:

Short-term debt

$     130.3

$     118.3

Accounts payable

109.8

99.8

Accrued compensation and benefits

97.5

98.9

Deferred revenue

246.5

234.6

Accrued warranty expense

17.2

18.5

Other current liabilities

86.9

90.8

Total current liabilities

688.2

Long-term debt

489.6

611.4

Non-current deferred revenue

37.7

29.6

Deferred income tax liabilities

38.8

51.7

Other non-current liabilities

113.8

106.5

Total liabilities

1,368.1

1,460.1

Stockholders' equity:

Common stock

0.3

0.3

Additional paid-in capital

1,348.3

1,238.0

Retained earnings

1,177.1

1,148.2

Accumulated other comprehensive loss

(219.9)

(166.8)

Total Trimble Inc. stockholders' equity

2,305.8

2,219.7

Noncontrolling interests

(0.1)

0.9

Total stockholders' equity

2,305.7

2,220.6

Total liabilities and stockholders' equity

$  3,673.8

$  3,680.7