Archer Daniels Midland 2007 Annual Report Download - page 48

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40
Archer Daniels Midland Company
Consolidated Balance Sheets
June 30
2007 2006
(In millions)
Assets
Current Assets
Cash and cash equivalents $ 663 $ 1,113
Segregated cash and investments 1,424 1,221
Receivables 6,404 4,471
Inventories 6,060 4,677
Other assets 571 344
Total Current Assets 15,122 11,826
Investments and Other Assets
Investments in and advances to affiliates 2,498 1,986
Long-term marketable securities 657 1,110
Goodwill 317 322
Other assets 514 732
3,986 4,150
Property, Plant, and Equipment
Land 227 214
Buildings 3,002 2,774
Machinery and equipment 11,822 11,132
Construction in progress 884 431
15,935 14,551
Accumulated depreciation (9,925) (9,258)
6,010 5,293
$25,118 $21,269
Liabilities and Shareholders’ Equity
Current Liabilities
Short-term debt $ 468 $ 550
Accounts payable 4,919 4,014
Accrued expenses 2,416 1,521
Current maturities of long-term debt 65 80
Total Current Liabilities 7,868 6,165
Long-Term Liabilities
Long-term debt 4,752 4,050
Deferred income taxes 532 757
Other 713 490
5,997 5,297
Shareholders’ Equity
Common stock 5,090 5,511
Reinvested earnings 5,982 4,082
Accumulated other comprehensive income 181 214
11,253 9,807
$25,118 $21,269
See notes to consolidated financial statements.