Alcoa 2012 Annual Report Download - page 95

Alcoa and subsidiaries
Consolidated Balance Sheet
(in millions)
December 31, 2012 2011
Assets
Current assets:
Cash and cash equivalents (X) $ 1,861 $ 1,939
Receivables from customers, less allowances of $39 in 2012 and $46 in 2011 (U) 1,399 1,571
Other receivables 340 371
Inventories (G) 2,825 2,899
Prepaid expenses and other current assets 1,275 933
Total current assets 7,700 7,713
Properties, plants, and equipment, net (H) 18,947 19,282
Goodwill (E) 5,170 5,157
Investments (I) 1,860 1,626
Deferred income taxes (T) 3,790 3,546
Other noncurrent assets (J) 2,712 2,796
Total Assets $40,179 $40,120
Liabilities
Current liabilities:
Short-term borrowings (K & X) $ 53 $ 62
Commercial paper (K & X) - 224
Accounts payable, trade 2,702 2,692
Accrued compensation and retirement costs 1,058 985
Taxes, including income taxes 366 438
Other current liabilities 1,298 1,167
Long-term debt due within one year (K & X) 465 445
Total current liabilities 5,942 6,013
Long-term debt, less amount due within one year (K & X) 8,311 8,640
Accrued pension benefits (W) 3,722 3,261
Accrued other postretirement benefits (W) 2,603 2,583
Other noncurrent liabilities and deferred credits (L) 3,078 2,428
Total liabilities 23,656 22,925
Contingencies and commitments (N)
Equity
Alcoa shareholders’ equity:
Preferred stock (R) 55 55
Common stock (R) 1,178 1,178
Additional capital 7,560 7,561
Retained earnings 11,689 11,629
Treasury stock, at cost (3,881) (3,952)
Accumulated other comprehensive loss (3,402) (2,627)
Total Alcoa shareholders’ equity 13,199 13,844
Noncontrolling interests (M) 3,324 3,351
Total equity 16,523 17,195
Total Liabilities and Equity $40,179 $40,120
The accompanying notes are an integral part of the consolidated financial statements.
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