Cisco 2013 Annual Report Download - page 82

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Consolidated Balance Sheets
(in millions, except par value)
July 27, 2013 July 28, 2012
ASSETS
Current assets:
Cash and cash equivalents ....................................................... $ 7,925 $ 9,799
Investments ................................................................... 42,685 38,917
Accounts receivable, net of allowance for doubtful accounts of $228 at July 27, 2013 and $207
at July 28, 2012 .............................................................. 5,470 4,369
Inventories ................................................................... 1,476 1,663
Financing receivables, net ....................................................... 4,037 3,661
Deferred tax assets ............................................................. 2,616 2,294
Other current assets ............................................................ 1,312 1,230
Total current assets ......................................................... 65,521 61,933
Property and equipment, net .......................................................... 3,322 3,402
Financing receivables, net ........................................................... 3,911 3,585
Goodwill ......................................................................... 21,919 16,998
Purchased intangible assets, net ....................................................... 3,403 1,959
Other assets ....................................................................... 3,115 3,882
TOTAL ASSETS ......................................................... $101,191 $91,759
LIABILITIES AND EQUITY
Current liabilities:
Short-term debt ................................................................ $ 3,283 $31
Accounts payable .............................................................. 1,029 859
Income taxes payable ........................................................... 192 276
Accrued compensation .......................................................... 3,378 2,928
Deferred revenue .............................................................. 9,262 8,852
Other current liabilities .......................................................... 5,048 4,785
Total current liabilities ...................................................... 22,192 17,731
Long-term debt .................................................................... 12,928 16,297
Income taxes payable ............................................................... 1,748 1,844
Deferred revenue .................................................................. 4,161 4,028
Other long-term liabilities ........................................................... 1,034 558
Total liabilities ............................................................ 42,063 40,458
Commitments and contingencies (Note 12)
Equity:
Cisco shareholders’ equity:
Preferred stock, no par value: 5 shares authorized; none issued and outstanding ............. ——
Common stock and additional paid-in capital, $0.001 par value: 20,000 shares authorized; 5,389
and 5,298 shares issued and outstanding at July 27, 2013 and July 28, 2012, respectively ..... 42,297 39,271
Retained earnings .............................................................. 16,215 11,354
Accumulated other comprehensive income .......................................... 608 661
Total Cisco shareholders’ equity .............................................. 59,120 51,286
Noncontrolling interests ......................................................... 815
Total equity ............................................................... 59,128 51,301
TOTAL LIABILITIES AND EQUITY ....................................... $101,191 $91,759
See Notes to Consolidated Financial Statements.
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