Computer Associates 1997 Annual Report Download - page 21

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March 31,
LIABILITIES AND STOCKHOLDERS’ EQUITY 1997 1996
(Dollars in millions)
Current Liabilities
Loans payable and current portion of long-term debt $ 548 $ 499
Accounts payable 124 101
Salaries, wages and commissions 140 119
Accrued expenses and other liabilities 324 340
Taxes, other than income taxes 66 66
Federal, state and foreign income taxes payable 265 229
Deferred income taxes 260 147
Total Current Liabilities 1,727 1,501
Long-Term Debt, net of current portion 1,663 945
Deferred Income Taxes 853 721
Deferred Maintenance Revenue 338 367
Stockholders’ Equity
Common Stock, $.10 par value, 1,100,000,000 shares authorized,
420,614,834 shares issued* 42 42
Additional paid-in capital 518 503
Retained earnings 1,757 1,426
Equity adjustment (27) 41
Treasury stock, at cost—58,645,259 shares for 1997 and
57,305,279 shares for 1996* (787) (530)
Total Stockholders’ Equity 1,503 1,482
Total Liabilities and Stockholders’ Equity $6,084 $5,016
*Share amounts adjusted for three-for-two stock splits effective August 21, 1995 and June 19, 1996.
See Notes to Consolidated Financial Statements.
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