Dell 2002 Annual Report Download - page 34

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Table of Contents
DELL COMPUTER CORPORATION
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
(in millions)
January 31, February 1,
2003 2002
ASSETS
Current assets:
Cash and cash equivalents $ 4,232 $ 3,641
Short-term investments 406 273
Accounts receivable, net 2,586 2,269
Inventories 306 278
Other 1,394 1,416
Total current assets 8,924 7,877
Property, plant and equipment, net 913 826
Investments 5,267 4,373
Other non-current assets 366 459
Total assets $ 15,470 $ 13,535
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 5,989 $ 5,075
Accrued and other 2,944 2,444
Total current liabilities 8,933 7,519
Long-term debt 506 520
Other 1,158 802
Commitments and contingent liabilities (Note 6) — —
Total liabilities 10,597 8,841
Stockholders' equity:
Preferred stock and capital in excess of $.01 par value; shares issued and outstanding: none — —
Common stock and capital in excess of $.01 par value; shares authorized: 7,000; shares issued: 2,681 and 2,654, respectively 6,018 5,605
Treasury stock, at cost; 102 and 52 shares, respectively (4,539) (2,249)
Retained earnings 3,486 1,364
Other comprehensive income (loss) (33) 38
Other (59) (64)
Total stockholders' equity 4,873 4,694
Total liabilities and stockholders' equity $ 15,470 $ 13,535
The accompanying notes are an integral part of these consolidated financial statements.
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