Dell 2007 Annual Report Download - page 51

Table of Contents
DELL INC.
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(in millions)
February 1, February 2,
2008 2007
ASSETS
Current assets:
Cash and cash equivalents $ 7,764 $ 9,546
Short-term investments 208 752
Accounts receivable, net of allowance 5,961 4,622
Financing receivables, net of allowance 1,732 1,530
Inventories, net of allowance 1,180 660
Other 3,035 2,829
Total current assets 19,880 19,939
Property, plant, and equipment, net of depreciation 2,668 2,409
Investments 1,560 2,147
Long-term financing receivables, net of allowance 407 323
Goodwill 1,648 110
Intangible assets, net of amortization 780 45
Other non-current assets 618 662
Total assets $ 27,561 $ 25,635
LIABILITIES AND EQUITY
Current liabilities:
Short-term borrowings $ 225 $ 188
Accounts payable 11,492 10,430
Accrued and other 4,323 5,141
Short-term deferred service revenue 2,486 2,032
Total current liabilities 18,526 17,791
Long-term debt 362 569
Long-term deferred service revenue 2,774 2,189
Other non-current liabilities 2,070 647
Total liabilities 23,732 21,196
Commitments and contingencies (Note 10)
Redeemable common stock and capital in excess of $.01 par value; shares issued and outstanding: 4 and 5,
respectively (Note 4) 94 111
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: 3,320 and 3,307,
respectively; shares outstanding: 2,060 and 2,226, respectively 10,589 10,107
Treasury stock at cost: 785 and 606 shares, respectively (25,037) (21,033)
Retained earnings 18,199 15,282
Accumulated other comprehensive loss (16) (28)
Total stockholders' equity 3,735 4,328
Total liabilities and stockholders' equity $ 27,561 $ 25,635
The accompanying notes are an integral part of these consolidated financial statements.
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