Boeing 2011 Annual Report Download - page 62

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The Boeing Company and Subsidiaries
Consolidated Statements of Financial Position
(Dollars in millions, except per share data)
December 31, 2011 2010
Assets
Cash and cash equivalents $ 10,049 $ 5,359
Short-term and other investments 1,223 5,158
Accounts receivable, net 5,793 5,422
Current portion of customer financing, net 476 285
Deferred income taxes 29 31
Inventories, net of advances and progress billings 32,240 24,317
Total current assets 49,810 40,572
Customer financing, net 4,296 4,395
Property, plant and equipment, net 9,313 8,931
Goodwill 4,945 4,937
Acquired intangible assets, net 3,044 2,979
Deferred income taxes 5,892 4,031
Investments 1,043 1,111
Other assets, net of accumulated amortization of $717 and $630 1,643 1,609
Total assets $ 79,986 $ 68,565
Liabilities and equity
Accounts payable $ 8,406 $ 7,715
Accrued liabilities 12,239 13,802
Advances and billings in excess of related costs 15,496 12,323
Deferred income taxes and income taxes payable 2,780 607
Short-term debt and current portion of long-term debt 2,353 948
Total current liabilities 41,274 35,395
Accrued retiree health care 7,520 8,025
Accrued pension plan liability, net 16,537 9,800
Non-current income taxes payable 122 418
Other long-term liabilities 907 592
Long-term debt 10,018 11,473
Shareholders’ equity:
Common stock, par value $5.00 – 1,012,261,159 shares issued 5,061 5,061
Additional paid-in capital 4,033 3,866
Treasury stock, at cost (16,603) (17,187)
Retained earnings 27,524 24,784
Accumulated other comprehensive loss (16,500) (13,758)
Total shareholders’ equity 3,515 2,766
Noncontrolling interest 93 96
Total equity 3,608 2,862
Total liabilities and equity $ 79,986 $ 68,565
See notes to the consolidated financial statements on pages 55 – 108.
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