ADP 2010 Annual Report Download - page 45

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Consolidated Balance Sheets
(In millions, except per share amounts)
June 30,
2010
2009
Assets
Current assets:
Cash and cash equivalents
$
1,643.3
$
2,265.3
Short
-
term marketable securities
27.9
30.8
Accounts receivable, net
1,127.7
1,050.7
Other current assets
673.4
918.9
Assets held for sale
11.8
12.1
Assets of discontinued operations
-
8.5
Total current assets before funds held for clients
3,484.1
4,286.3
Funds held for clients
18,832.6
16,419.2
Total current assets
22,316.7
20,705.5
Long
-
term marketable securities
104.3
92.4
Long
-
term receivables, net
129.4
162.6
Property, plant and equipment, net
673.8
734.3
Other assets
712.3
702.7
Goodwill
2,383.3
2,375.5
Intangible assets, net
542.4
578.7
Total assets
$
26,862.2
$
25,351.7
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable
$
150.0
$
130.3
Accrued expenses and other current liabilities
771.0
777.9
Accrued payroll and payroll related expenses
448.5
402.3
Dividends payable
164.5
162.1
Short
-
term deferred revenues
321.5
329.8
Obligation under commercial paper borrowing
-
730.0
Income taxes payable
60.0
230.7
Liabilities of discontinued operations
-
7.7
Total current liabilities before client funds obligations
1,915.5
2,770.8
Client funds obligations
18,136.7
15,992.6
Total current liabilities
20,052.2
18,763.4
Long
-
term debt
39.8
42.7
Other liabilities
528.0
477.1
Deferred income taxes
306.4
254.1
Long
-
term deferred revenues
456.9
491.8
Total liabilities
21,383.3
20,029.1
Commitments and contingencies (Note 16)
Stockholders' equity:
Preferred stock, $1.00 par value:
Authorized, 0.3 shares; issued, none
-
-
Common stock, $0.10 par value: Authorized, 1,000.0 shares; issued, 638.7 shares at June 30, 2010 and 2009;
outstanding, 492.0 and 501.7 shares at June 30, 2010 and 2009, respectively
63.9
63.9
Capital in excess of par value
493.0
520.0