AT&T Wireless 2007 Annual Report Download - page 56

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54
| 2007 AT&T Annual Report
Consolidated Balance Sheets
Dollars in millions except per share amounts
December 31,
2007 2006
Assets
Current Assets
Cash and cash equivalents $ 1,970 $ 2,418
Accounts receivable – net of allowances for uncollectibles of $1,364 and $1,276 16,185 16,194
Prepaid expenses 1,524 1,477
Deferred income taxes 2,044 3,034
Other current assets 2,963 2,430
Total current assets 24,686 25,553
Property, Plant and Equipment – Net 95,890 94,596
Goodwill 70,713 67,657
Licenses 37,985 34,252
Customer Lists and Relationships – Net 14,505 18,922
Other Intangible Assets – Net 5,912 6,566
Investments in Equity Affiliates 2,270 1,995
Postemployment Benefit 17,291 14,228
Other Assets 6,392 6,865
Total Assets $275,644 $270,634
Liabilities and Stockholders’ Equity
Current Liabilities
Debt maturing within one year $ 6,860 $ 9,733
Accounts payable and accrued liabilities 21,399 22,106
Advanced billing and customer deposits 3,571 3,402
Accrued taxes 5,027 3,026
Dividends payable 2,417 2,215
Total current liabilities 39,274 40,482
Long-Term Debt 57,255 50,063
Deferred Credits and Other Noncurrent Liabilities
Deferred income taxes 24,939 27,406
Postemployment benefit obligation 24,011 28,901
Unamortized investment tax credits 150 181
Other noncurrent liabilities 14,648 8,061
Total deferred credits and other noncurrent liabilities 63,748 64,549
Stockholders’ Equity
Common shares ($1 par value, 7,000,000,000 authorized:
issued 6,495,231,088 at December 31, 2007 and 2006) 6,495 6,495
Capital in excess of par value 91,638 91,352
Retained earnings 33,297 30,375
Treasury shares (451,685,839 at December 31, 2007
and 256,484,793 at December 31, 2006, at cost) (15,683) (7,368)
Accumulated other comprehensive loss (380) (5,314)
Total stockholders’ equity 115,367 115,540
Total Liabilities and Stockholders’ Equity $275,644 $270,634
The accompanying notes are an integral part of the consolidated financial statements.