HP 2009 Annual Report Download - page 88
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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Consolidated Balance Sheets
October 31
2009 2008
In millions, except
par value
ASSETS
Current assets:
Cash and cash equivalents ....................................... $ 13,279 $ 10,153
Short-term investments ......................................... 55 93
Accounts receivable ........................................... 16,537 16,928
Financing receivables .......................................... 2,675 2,314
Inventory ................................................... 6,128 7,879
Other current assets ........................................... 13,865 14,361
Total current assets .......................................... 52,539 51,728
Property, plant and equipment ..................................... 11,262 10,838
Long-term financing receivables and other assets ........................ 11,289 10,468
Goodwill ..................................................... 33,109 32,335
Purchased intangible assets ........................................ 6,600 7,962
Total assets ................................................... $114,799 $113,331
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Notes payable and short-term borrowings ............................ $ 1,850 $ 10,176
Accounts payable ............................................. 14,809 14,917
Employee compensation and benefits .............................. 4,071 4,159
Taxes on earnings ............................................. 910 869
Deferred revenue ............................................. 6,182 6,287
Accrued restructuring .......................................... 1,109 1,099
Other accrued liabilities ........................................ 14,072 15,432
Total current liabilities ........................................ 43,003 52,939
Long-term debt ................................................ 13,980 7,676
Other liabilities ................................................ 17,299 13,774
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value (300 shares authorized; none issued) ....... — —
Common stock, $0.01 par value (9,600 shares authorized; 2,365 and 2,415
shares issued and outstanding, respectively) ........................ 24 24
Additional paid-in capital ....................................... 13,804 14,012
Retained earnings ............................................. 29,936 24,971
Accumulated other comprehensive loss ............................. (3,247) (65)
Total stockholders’ equity ..................................... 40,517 38,942
Total liabilities and stockholders’ equity ............................... $114,799 $113,331
The accompanying notes are an integral part of these Consolidated Financial Statements.
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