Cardinal Health 2015 Annual Report Download - page 47

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Financial Statements
Cardinal Health | Fiscal 2015 Form 10-K 46
Consolidated Balance Sheets
June 30
(in millions) 2015 2014
Assets
Current assets:
Cash and equivalents $4,616 $2,865
Trade receivables, net 6,523 5,380
Inventories, net 9,211 8,266
Prepaid expenses and other 1,402 1,428
Total current assets 21,752 17,939
Property and equipment, net 1,506 1,459
Goodwill and other intangibles, net 6,018 5,870
Other assets 866 765
Total assets $ 30,142 $26,033
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable $14,368 $12,149
Current portion of long-term obligations and other short-term borrowings 281 801
Other accrued liabilities 2,594 2,165
Total current liabilities 17,243 15,115
Long-term obligations, less current portion 5,211 3,171
Deferred income taxes and other liabilities 1,432 1,346
Shareholders’ equity:
Preferred shares, without par value:
Authorized—500 thousand shares, Issued—none ——
Common shares, without par value:
Authorized—755 million shares, Issued—364 million shares at June 30, 2015 and 2014 3,003 2,980
Retained earnings 5,521 4,774
Common shares in treasury, at cost: 36 million shares and 27 million shares at June 30, 2015 and 2014, respectively (2,245) (1,423)
Accumulated other comprehensive income/(loss) (23)70
Total shareholders’ equity 6,256 6,401
Total liabilities and shareholders’ equity $ 30,142 $26,033
The accompanying notes are an integral part of these consolidated statements.