Computer Associates 2004 Annual Report Download - page 73

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COMPUTER ASSOCIATES INTERNATIONAL, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
March 31,
2004 2003
(dollars in millions)
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Loans payable and current portion of long-term debt .................................................................... $ 2 $ 828
Accounts payable ............................................................................................................................ 177 203
Salaries, wages, and commissions.................................................................................................. 260 247
Accrued expenses and other current liabilities................................................................................ 407 345
Deferred subscription revenue (collected) — current...................................................................... 1,210 923
Taxes payable, other than income taxes payable ............................................................................ 123 124
Federal, state, and foreign income taxes payable .......................................................................... 256 294
Deferred income taxes .................................................................................................................... 20 —
Liabilities of discontinued operation ................................................................................................ — 65
TOTAL CURRENT LIABILITIES ........................................................................................................ 2,455 3,029
LONG-TERM DEBT, net of current portion...................................................................................... 2,298 2,298
DEFERRED INCOME TAXES .......................................................................................................... 618 1,047
DEFERRED SUBSCRIPTION REVENUE (COLLECTED) — NONCURRENT .................................... 276 173
DEFERRED MAINTENANCE REVENUE .......................................................................................... 285 324
OTHER NONCURRENT LIABILITIES .............................................................................................. 29 27
TOTAL LIABILITIES.......................................................................................................................... 5,961 6,898
STOCKHOLDERS’ EQUITY
Preferred stock, no par value, 10,000,000 shares authorized, no shares issued............................ — —
Common stock, $.10 par value, 1,100,000,000 shares authorized, 630,920,576 shares issued .... 63 63
Additional paid-in capital .................................................................................................................. 3,847 3,715
Retained earnings ............................................................................................................................ 2,000 2,022
Accumulated other comprehensive loss ........................................................................................ (103) (215)
Treasury stock, at cost — 48,326,307 shares for 2004 and 54,647,731 shares for 2003 .............. (1,089) (1,222)
TOTAL STOCKHOLDERS’ EQUITY.................................................................................................. 4,718 4,363
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY.................................................................. $10,679 $11,261
See Accompanying Notes to the Consolidated Financial Statements.
CA 2004 FORM 10-K | PAGE 45