HP 2014 Annual Report Download - page 94

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Consolidated Balance Sheets
As of October 31
2014 2013
In millions, except
par value
ASSETS
Current assets:
Cash and cash equivalents ....................................... $ 15,133 $ 12,163
Accounts receivable ........................................... 13,832 15,876
Financing receivables .......................................... 2,946 3,144
Inventory ................................................... 6,415 6,046
Other current assets ........................................... 11,819 13,135
Total current assets .......................................... 50,145 50,364
Property, plant and equipment ..................................... 11,340 11,463
Long-term financing receivables and other assets ........................ 8,454 9,556
Goodwill ..................................................... 31,139 31,124
Intangible assets ............................................... 2,128 3,169
Total assets ................................................... $103,206 $105,676
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Notes payable and short-term borrowings ............................ $ 3,486 $ 5,979
Accounts payable ............................................. 15,903 14,019
Employee compensation and benefits .............................. 4,209 4,436
Taxes on earnings ............................................. 1,017 1,203
Deferred revenue ............................................. 6,143 6,477
Accrued restructuring .......................................... 898 901
Other accrued liabilities ........................................ 12,079 12,506
Total current liabilities ........................................ 43,735 45,521
Long-term debt ................................................ 16,039 16,608
Other liabilities ................................................ 16,305 15,891
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; 1,839 and 1,908
shares issued and outstanding at October 31, 2014 and October 31, 2013,
respectively) ............................................... 18 19
Additional paid-in capital ....................................... 3,430 5,465
Retained earnings ............................................. 29,164 25,563
Accumulated other comprehensive loss ............................. (5,881) (3,778)
Total HP stockholders’ equity .................................. 26,731 27,269
Non-controlling interests ......................................... 396 387
Total stockholders’ equity ......................................... 27,127 27,656
Total liabilities and stockholders’ equity ............................... $103,206 $105,676
The accompanying notes are an integral part of these Consolidated Financial Statements.
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