CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)

At the End of Year

2022

2021

Assets

Current assets:

Cash and cash equivalents

$                    271.0

$                    325.7

Accounts receivable, net

643.3

624.8

Inventories

402.5

363.3

Other current assets

201.4

136.8

Total current assets

1,518.2

1,450.6

Property and equipment, net

219.0

233.2

Operating lease right-of-use assets

121.2

141.0

Goodwill

4,137.9

3,981.5

Other purchased intangible assets, net

498.1

506.6

Deferred income tax assets

438.4

502.0

Other non-current assets

336.2

284.7

Total assets

$                 7,269.0

$                 7,099.6

Liabilities and Stockholders' Equity

Current liabilities:

Short-term debt

$                    300.0

$                          —

Accounts payable

175.5

207.3

Accrued compensation and benefits

159.4

231.0

Deferred revenue

639.1

548.8

Other current liabilities

188.1

201.5

Total current liabilities

1,462.1

1,188.6

Long-term debt

1,220.0

1,293.2

Deferred revenue, non-current

98.5

83.0

Deferred income tax liabilities

157.8

263.1

Income taxes payable

40.9

54.5

Operating lease liabilities

105.1

121.4

Other non-current liabilities

134.4

151.1

Total liabilities

3,218.8

3,154.9

Stockholders' equity:

Common stock

0.2

0.3

Additional paid-in-capital

2,054.9

1,935.6

Retained earnings

2,230.0

2,170.5

Accumulated other comprehensive loss

(234.9)

(161.7)

Total stockholders' equity

4,050.2

3,944.7

Total liabilities and stockholders' equity

$                 7,269.0

$                 7,099.6