Hasbro 2014 Annual Report Download - page 69

Download and view the complete annual report

Please find page 69 of the 2014 Hasbro annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 127

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127

HASBRO, INC. AND SUBSIDIARIES
Consolidated Balance Sheets
December 28, 2014 and December 29, 2013
(Thousands of Dollars Except Share Data)
2014 2013
ASSETS
Current assets
Cash and cash equivalents ............................................. $ 893,167 682,449
Accounts receivable, less allowance for doubtful accounts of $15,900 in 2014 and
$19,000 in 2013 ................................................... 1,094,673 1,093,620
Inventories ......................................................... 339,572 348,794
Prepaid expenses and other current assets ................................. 391,688 355,594
Total current assets ................................................. 2,719,100 2,480,457
Property, plant and equipment, net ......................................... 237,489 236,263
Other assets
Goodwill ........................................................... 593,438 594,321
Other intangibles, net ................................................. 324,528 375,999
Other .............................................................. 657,587 715,227
Total other assets .................................................. 1,575,553 1,685,547
Total assets ....................................................... $4,532,142 4,402,267
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND
SHAREHOLDERS’ EQUITY
Current liabilities
Short-term borrowings ................................................ $ 252,481 8,332
Current portion of long-term debt ....................................... — 428,390
Accounts payable .................................................... 212,549 198,799
Accrued liabilities .................................................... 609,904 727,759
Total current liabilities .............................................. 1,074,934 1,363,280
Long-term debt ........................................................ 1,559,895 959,895
Other liabilities ........................................................ 388,919 351,304
Total liabilities .................................................... 3,023,748 2,674,479
Redeemable noncontrolling interests ....................................... 42,730 45,445
Shareholders’ equity
Preference stock of $2.50 par value. Authorized 5,000,000 shares; none issued .... — —
Common stock of $0.50 par value. Authorized 600,000,000 shares; issued
209,694,630 shares in 2014 and 2013 .................................. 104,847 104,847
Additional paid-in capital .............................................. 806,265 734,181
Retained earnings .................................................... 3,630,072 3,432,176
Accumulated other comprehensive loss ................................... (95,454) (34,135)
Treasury stock, at cost, 85,168,478 shares in 2014 and 78,640,228 shares in
2013 ............................................................ (2,980,066) (2,554,726)
Total shareholders’ equity ........................................... 1,465,664 1,682,343
Total liabilities, redeemable noncontrolling interests and shareholders’ equity . . $ 4,532,142 4,402,267
See accompanying notes to consolidated financial statements.
55