AT&T Wireless 2006 Annual Report Download - page 50

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48 : :
2006 AT&T Annual Report
Consolidated Balance Sheets
Dollars in millions except per share amounts
December 31,
2006 2005
Assets
Current Assets
Cash and cash equivalents $ 2,418 $ 1,224
Accounts receivable – net of allowances for uncollectibles of $1,276 and $1,176 16,194 9,351
Prepaid expenses 1,477 1,029
Deferred income taxes 3,034 2,011
Other current assets 2,430 1,039
Total current assets 25,553 14,654
Property, Plant and Equipment – Net 94,596 58,727
Goodwill 67,657 14,055
Intangible Assets – Net 59,740 8,503
Investments in Equity Affiliates 1,995 2,031
Investments in and Advances to AT&T Mobility — 31,404
Postemployment Benefit 14,228 12,666
Other Assets 6,865 3,592
Total Assets $270,634 $145,632
Liabilities and Stockholders’ Equity
Current Liabilities
Debt maturing within one year $ 9,733 $ 4,455
Accounts payable and accrued liabilities 25,508 17,088
Accrued taxes 3,026 2,586
Dividends payable 2,215 1,289
Total current liabilities 40,482 25,418
Long-Term Debt 50,063 26,115
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes 27,406 15,713
Postemployment benefit obligation 28,901 18,133
Unamortized investment tax credits 181 209
Other noncurrent liabilities 8,061 5,354
Total deferred credits and other noncurrent liabilities 64,549 39,409
Stockholders’ Equity
Common shares ($1 par value, 7,000,000,000 authorized: issued 6,495,231,088
at December 31, 2006 and 4,065,093,907 at December 31, 2005) 6,495 4,065
Capital in excess of par value 91,352 27,499
Retained earnings 30,375 29,106
Treasury shares (256,484,793 at December 31, 2006
and 188,209,761 at December 31, 2005, at cost) (7,368) (5,406)
Additional minimum pension liability adjustment — (218)
Accumulated other comprehensive income (5,314) (356)
Total stockholders’ equity 115,540 54,690
Total Liabilities and Stockholders’ Equity $270,634 $145,632
The accompanying notes are an integral part of the consolidated financial statements.