Dell 2003 Annual Report Download - page 34
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Table of Contents
DELL INC.
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(in millions)
January 30, January 31,
2004 2003
ASSETS
Current assets:
Cash and cash equivalents $ 4,317 $ 4,232
Short-term investments 835 406
Accounts receivable, net 3,635 2,586
Inventories 327 306
Other 1,519 1,394
Total current assets 10,633 8,924
Property, plant and equipment, net 1,517 913
Investments 6,770 5,267
Other non-current assets 391 366
Total assets $ 19,311 $ 15,470
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 7,316 $ 5,989
Accrued and other 3,580 2,944
Total current liabilities 10,896 8,933
Long-term debt 505 506
Other non-current liabilities 1,630 1,158
Commitments and contingent liabilities (Note 7) — —
Total liabilities 13,031 10,597
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: 2,721 and 2,681, respectively 6,823 6,018
Treasury stock, at cost; 165 and 102 shares, respectively (6,539) (4,539)
Retained earnings 6,131 3,486
Other comprehensive loss (83) (33)
Other (52) (59)
Total stockholders' equity 6,280 4,873
Total liabilities and stockholders' equity $ 19,311 $ 15,470
The accompanying notes are an integral part of these consolidated financial statements.
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