CONDENSED CONSOLIDATED BALANCE SHEETS

(In millions)

(Unaudited)

Third Quarter of

Fiscal Year End

2017

2016

Assets

Current assets:

Cash and cash equivalents

$          255.0

$           216.1

Short-term investments

154.2

111.1

Accounts receivable, net

407.2

354.8

Other receivables

35.4

35.4

Inventories

254.7

218.8

Other current assets

55.4

42.5

Total current assets

1,161.9

978.7

Property and equipment, net

160.5

144.2

Goodwill

2,289.3

2,077.6

Other purchased intangible assets, net

405.8

333.3

Other non-current assets

163.2

140.0

Total assets

$       4,180.7

$        3,673.8

Liabilities and Stockholders' Equity

Current liabilities:

Short-term debt

$          135.4

$           130.3

Accounts payable

146.2

109.8

Accrued compensation and benefits

116.7

97.5

Deferred revenue

285.4

246.5

Accrued warranty expense

17.8

17.2

Other current liabilities

106.9

86.9

Total current liabilities

808.4

Long-term debt

560.4

489.6

Non-current deferred revenue

41.3

37.7

Deferred income tax liabilities

45.2

38.8

Other non-current liabilities

168.0

113.8

Total liabilities

1,623.3

1,368.1

Stockholders' equity:

Common stock

0.3

0.3

Additional paid-in-capital

1,452.0

1,348.3

Retained earnings

1,236.0

1,177.1

Accumulated other comprehensive loss

(130.8)

(219.9)

Total Trimble Inc. stockholders' equity

2,557.5

2,305.8

Noncontrolling interests

(0.1)

(0.1)

Total stockholders' equity

2,305.7

Total liabilities and stockholders' equity

$       4,180.7

$        3,673.8