Express Scripts 2012 Annual Report Download - page 55

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Express Scripts 2012 Annual Report 53
EXPRESS SCRIPTS HOLDING COMPANY
CONSOLIDATED BALANCE SHEET
December 31,
(in millions)
2012
2011
Assets
Current assets:
Cash and cash equivalents
$ 2,793.9
$ 5,620.1
Restricted cash and investments
19.6
17.8
Receivables, net
5,480.6
1,915.7
Inventories
1,661.9
374.4
Deferred taxes
408.5
45.8
Prepaid expenses and other current assets
194.4
84.2
Current assets of discontinued operations
198.0
-
Total current assets
10,756.9
8,058.0
Property and equipment, net
1,634.3
416.2
Goodwill
29,359.8
5,485.7
Other intangible assets, net
16,037.9
1,620.9
Other assets
56.6
26.2
Noncurrent assets of discontinued operations
265.7
-
Total assets
$ 58,111.2
$ 15,607.0
Liabilities and stockholders’ equity
Current liabilities:
Claims and rebates payable
$ 7,440.0
$ 2,874.1
Accounts payable
2,909.1
928.1
Accrued expenses
1,630.0
656.0
Current maturities of long-term debt
934.9
999.9
Current liabilities of discontinued operations
143.4
-
Total current liabilities
13,057.4
5,458.1
Long-term debt
14,980.1
7,076.4
Deferred taxes
5,948.8
546.5
Other liabilities
692.9
50.7
Noncurrent liabilities of discontinued operations
36.3
-
Total liabilities
34,715.5
13,131.7
Commitments and contingencies (Note 12)
Stockholders’ equity:
Preferred stock, 15.0 shares authorized, $0.01 par value per share;
and no shares issued and outstanding
-
-
Common stock, 2,985.0 shares authorized, $0.01 par value;
shares issued: 818.1 and 690.7, respectively;
shares outstanding: 818.1 and 484.6, respectively
8.2
6.9
Additional paid-in capital
21,289.7
2,438.2
Accumulated other comprehensive income
18.9
17.0
Retained earnings
2,068.2
6,645.6
23,385.0
9,107.7
Common stock in treasury at cost, zero and 206.1
shares, respectively
-
(6,634.0)
Total Express Scripts stockholders’ equity
23,385.0
2,473.7
Non-controlling interest
10.7
1.6
Total stockholders’ equity
23,395.7
2,475.3
Total liabilities and stockholders’ equity
$ 58,111.2
$ 15,607.0
See accompanying Notes to Consolidated Financial Statements