HP 2012 Annual Report Download - page 88

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Consolidated Balance Sheets
October 31
2012 2011
In millions, except
par value
ASSETS
Current assets:
Cash and cash equivalents ....................................... $ 11,301 $ 8,043
Accounts receivable ........................................... 16,407 18,224
Financing receivables .......................................... 3,252 3,162
Inventory ................................................... 6,317 7,490
Other current assets ........................................... 13,360 14,102
Total current assets .......................................... 50,637 51,021
Property, plant and equipment ..................................... 11,954 12,292
Long-term financing receivables and other assets ........................ 10,593 10,755
Goodwill ..................................................... 31,069 44,551
Purchased intangible assets ........................................ 4,515 10,898
Total assets ................................................... $108,768 $129,517
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Notes payable and short-term borrowings ............................ $ 6,647 $ 8,083
Accounts payable ............................................. 13,350 14,750
Employee compensation and benefits .............................. 4,058 3,999
Taxes on earnings ............................................. 846 1,048
Deferred revenue ............................................. 7,494 7,449
Accrued restructuring .......................................... 771 654
Other accrued liabilities ........................................ 13,500 14,459
Total current liabilities ........................................ 46,666 50,442
Long-term debt ................................................ 21,789 22,551
Other liabilities ................................................ 17,480 17,520
Commitments and contingencies
Stockholders’ equity:
HP stockholders’ equity
Preferred stock, $0.01 par value (300 shares authorized; none issued) ....... — —
Common stock, $0.01 par value (9,600 shares authorized; 1,963 and 1,991
shares issued and outstanding, respectively) ........................ 20 20
Additional paid-in capital ....................................... 6,454 6,837
Retained earnings ............................................. 21,521 35,266
Accumulated other comprehensive loss ............................. (5,559) (3,498)
Total HP stockholders’ equity .................................. 22,436 38,625
Non-controlling interests ......................................... 397 379
Total stockholders’ equity ......................................... 22,833 39,004
Total liabilities and stockholders’ equity ............................... $108,768 $129,517
The accompanying notes are an integral part of these Consolidated Financial Statements.
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