CONDENSED CONSOLIDATED BALANCE SHEETS

(In millions)

(Unaudited)

As of

As of

Second Quarter of

Year End

2023

2022

Assets

Current assets:

Cash and cash equivalents

$                               237.3

$                               271.0

Accounts receivable, net

664.1

643.3

Inventories

371.4

402.5

Other current assets

189.4

201.4

Total current assets

1,462.2

1,518.2

Property and equipment, net

224.0

219.0

Operating lease right-of-use assets

123.1

121.2

Goodwill

5,559.9

4,137.9

Other purchased intangible assets, net

1,403.4

498.1

Deferred income tax assets

426.1

438.4

Other non-current assets

357.6

336.2

Total assets

$                            9,556.3

$                            7,269.0

Liabilities and Stockholders' Equity

Current liabilities:

Short-term debt

$                                   4.3

$                               300.0

Accounts payable

180.2

175.5

Accrued compensation and benefits

172.0

159.4

Deferred revenue

640.5

639.1

Other current liabilities

304.1

188.1

Total current liabilities

1,301.1

1,462.1

Long-term debt

3,184.7

1,220.0

Deferred revenue, non-current

105.1

98.5

Deferred income tax liabilities

352.9

157.8

Income taxes payable

22.7

40.9

Operating lease liabilities

111.6

105.1

Other non-current liabilities

146.9

134.4

Total liabilities

5,225.0

3,218.8

Stockholders' equity:

Common stock

0.2

0.2

Additional paid-in-capital

2,144.2

2,054.9

Retained earnings

2,381.1

2,230.0

Accumulated other comprehensive loss

(194.2)

(234.9)

Total stockholders' equity

4,331.3

4,050.2

Total liabilities and stockholders' equity

$                            9,556.3

$                            7,269.0