CVS 2000 Annual Report Download - page 25

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Consolidated Balance Sheets
December 30, January 1,
In millions, except shares and per share amounts 2000 2000
Assets:
Cash and cash equivalents $ 337.3 $ 230.0
Accounts receivable, net 824.5 699.3
Inventories 3,557.6 3,445.5
Deferred income taxes 124.9 139.4
Other current assets 92.3 93.8
Total current assets 4,936.6 4,608.0
Property and equipment, net 1,742.1 1,601.0
Goodwill, net 818.5 706.9
Other assets 452.3 359.5
Total assets $ 7,949.5 $ 7,275.4
Liabilities:
Accounts payable $ 1,351.5 $ 1,454.2
Accrued expenses 1,001.4 967.4
Short-term borrowings 589.6 451.0
Current portion of long-term debt 21.6 17.3
Total current liabilities 2,964.1 2,889.9
Long-term debt 536.8 558.5
Deferred income taxes 28.0 27.2
Other long-term liabilities 116.0 120.1
Commitments and contingencies (Note 8)
Shareholders’ equity:
Preferred stock, $0.01 par value: authorized 120,619 shares; no shares issued or outstanding ——
Preference stock, series one ESOP convertible, par value $1.00: authorized 50,000,000 shares; issued
and outstanding 5,006,000 shares at December 30, 2000, and 5,164,000 shares at January 1, 2000 267.5 276.0
Common stock, par value $0.01: authorized 1,000,000,000 shares; issued 407,395,000 shares
at December 30, 2000, and 403,047,000 shares at January 1, 2000 4.1 4.0
Treasury stock, at cost: 15,073,000 shares at December 30, 2000, and 11,051,000 shares
at January 1, 2000 (404.9) (258.5)
Guaranteed ESOP obligation (240.6) (257.0)
Capital surplus 1,493.8 1,371.7
Retained earnings 3,184.7 2,543.5
Total shareholders’ equity 4,304.6 3,679.7
Total liabilities and shareholders’ equity $ 7,949.5 $ 7,275.4
See accompanying notes to consolidated financial statements.
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2000 Annual Report