DuPont 2006 Annual Report Download - page 82

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The net assets sold to Koch consisted of the following:
April 30, 2004
Cash and cash equivalents $ 75
Accounts and notes receivable 1,094
Inventories 645
Property, plant and equipment (net) 3,132
Other intangible assets (net) 181
Investment in affiliates 231
Prepaid expenses and other assets 150
Assets $5,508
Accounts payable $ 552
Borrowings and capital lease obligations 370
Deferred tax liability 252
Other liabilities 386
Minority interests 37
Liabilities $1,597
During 2005, additional equity affiliates with a book value of $84 were transferred to Koch.
The company indemnified Koch against certain liabilities primarily related to taxes, legal matters,
environmental matters and representations and warranties. The fair value of these indemnities is $70 and is
included in the indemnification liability balance (see Note 20). Under the definitive agreement, the company’s
total indemnification obligation for the majority of the representations and warranties cannot exceed
approximately $1,400. The remaining indemnities are not limited to this maximum payment amount.
F-19
E. I. du Pont de Nemours and Company
Notes to the Consolidated Financial Statements (continued)
(Dollars in millions, except per share)