CVS 2015 Annual Report Download - page 57

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55
2015 Annual Report
Consolidated Balance Sheets
DECEMBER 31,
IN MILLIONS, EXCEPT PER SHARE AMOUNTS 2015 2014
Assets:
Cash and cash equivalents
$ 2,459
$ 2,481
Short-term investments
88
34
Accounts receivable, net
11,888
9,687
Inventories
14,001
11,930
Deferred income taxes
1,220
985
Other current assets
722
866
Total current assets
30,378
25,983
Property and equipment, net
9,855
8,843
Goodwill
38,106
28,142
Intangible assets, net
13,878
9,774
Other assets
1,440
1,445
Total assets
$ 93,657
$ 74,187
Liabilities:
Accounts payable
$ 7,490
$ 6,547
Claims and discounts payable
7,653
5,404
Accrued expenses
6,829
5,816
Short-term debt
—
685
Current portion of long-term debt
1,197
575
Total current liabilities
23,169
19,027
Long-term debt
26,267
11,630
Deferred income taxes
5,437
4,036
Other long-term liabilities
1,542
1,531
Commitments and contingencies (Note 12)
—
—
Redeemable noncontrolling interest
39
—
Shareholders’ equity:
CVS Health shareholders’ equity:
Preferred stock, par value $0.01: 0.1 shares authorized; none issued or outstanding
—
—
Common stock, par value $0.01: 3,200 shares authorized; 1,699 shares issued and
1,101 shares outstanding at December 31, 2015 and 1,691 shares issued and
1,140 shares outstanding at December 31, 2014
17
17
Treasury stock, at cost: 597 shares at December 31, 2015 and 550 shares at
December 31,2014
(28,886)
(24,078)
Shares held in trust: 1 share at December 31, 2015 and 2014
(31)
(31)
Capital surplus
30,948
30,418
Retained earnings
35,506
31,849
Accumulated other comprehensive income (loss)
(358)
(217)
Total CVS Health shareholders’ equity
37,196
37,958
Noncontrolling interest
7
5
Total shareholders’ equity
37,203
37,963
Total liabilities and shareholders’ equity
$ 93,657
$ 74,187
See accompanying notes to consolidated financial statements.