Express Scripts 2011 Annual Report Download - page 57

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Express Scripts 2011 Annual Report 55
EXPRESS SCRIPTS, INC.
CONSOLIDATED BALANCE SHEET
December 31,
(in millions, except share data)
2011
2010
Assets
Current assets:
Cash and cash equivalents
$ 5,620.1
$ 523.7
Restricted cash and investments
17.8
16.3
Receivables, net
1,915.7
1,720.9
Inventories
374.4
382.4
Prepaid expenses
68.7
177.6
Deferred taxes
45.8
86.0
Other current assets
15.5
34.4
Total current assets
8,058.0
2,941.3
Property and equipment, net
416.2
372.7
Goodwill
5,485.7
5,486.2
Other intangible assets, net
1,620.9
1,725.0
Other assets
26.2
32.6
Total assets
$ 15,607.0
$ 10,557.8
Liabilities and stockholders’ equity
Current liabilities:
Claims and rebates payable
$ 2,874.1
$ 2,666.5
Accounts payable
928.1
656.7
Accrued expenses
656.0
593.9
Current maturities of long-term debt
999.9
0.1
Total current liabilities
5,458.1
3,917.2
Long-term debt
7,076.4
2,493.7
Other liabilities
598.8
540.3
Total liabilities
13,133.3
6,951.2
Commitments and contingencies (Note 11)
Stockholders’ equity:
Preferred stock, 5,000,000 shares authorized, $0.01 par value per share;
and no shares issued and outstanding
-
-
Common stock, 1,000,000,000 shares authorized, $0.01 par value;
shares issued: 690,650,000 and 690,231,000, respectively;
shares outstanding: 484,582,000 and 528,069,000, respectively
6.9
6.9
Additional paid-in capital
2,438.2
2,354.4
Accumulated other comprehensive income
17.0
19.8
Retained earnings
6,645.6
5,369.8
9,107.7
7,750.9
Common stock in treasury at cost, 206,068,000 and 162,162,000
shares, respectively
(6,634.0)
(4,144.3)
Total stockholders’ equity
2,473.7
3,606.6
Total liabilities and stockholders’ equity
$ 15,607.0
$ 10,557.8
See accompanying Notes to Consolidated Financial Statements