CONDENSED CONSOLIDATED BALANCE SHEETS

(In millions)

(Unaudited)

Second Quarter of

Fiscal Year End

2018

2017

* As Adjusted

Assets

Current assets:

Cash and cash equivalents

$                 571.0

$            358.5

Short-term investments

—

178.9

Accounts receivable, net

446.2

427.7

Other receivables

29.3

42.8

Inventories

282.4

264.6

Other current assets

58.0

39.2

Total current assets

1,386.9

1,311.7

Property and equipment, net

192.6

174.0

Goodwill

2,682.1

2,287.1

Other purchased intangible assets, net

422.2

364.8

Deferred costs, non-current

35.3

35.0

Other non-current assets

139.2

143.7

Total assets

$              4,858.3

$         4,316.3

Liabilities and Stockholders' Equity

Current liabilities:

Short-term debt

$                     0.4

$            128.4

Accounts payable

159.0

146.0

Accrued compensation and benefits

137.2

143.9

Deferred revenue

319.2

237.6

Accrued warranty expense

16.2

18.3

Other current liabilities

85.0

99.2

Total current liabilities

717.0

Long-term debt

1,286.2

785.5

Non-current deferred revenue

37.0

39.0

Deferred income tax liabilities

40.5

47.8

Income taxes payable

77.5

94.1

Other non-current liabilities

182.5

162.0

Total liabilities

2,340.7

1,901.8

Stockholders' equity:

Common stock

0.2

0.2

Additional paid-in-capital

1,524.5

1,461.1

Retained earnings

1,153.9

1,084.6

Accumulated other comprehensive loss

(161.2)

(131.4)

Total Trimble Inc. stockholders' equity

2,517.4

2,414.5

Noncontrolling interests

0.2

—

Total stockholders' equity

2,517.6

2,414.5

Total liabilities and stockholders' equity

$              4,858.3

$         4,316.3

*  Prior-period information has been restated for the adoption of ASC 606, Revenue from Contracts with Customers.