Honeywell 2009 Annual Report Download - page 71

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HONEYWELL INTERNATIONAL INC.
CONSOLIDATED BALANCE SHEET
December 31,
2009 2008
(Dollars in millions)
ASSETS
Current assets:
Cash and cash equivalents $ 2,801 $ 2,065
Accounts, notes and other receivables 6,274 6,129
Inventories 3,446 3,848
Deferred income taxes 1,034 922
Other current assets 381 299
Total current assets 13,936 13,263
Investments and long-term receivables 579 670
Property, plant and equipment—net 4,847 4,934
Goodwill 10,494 10,185
Other intangible assets—net 2,174 2,267
Insurance recoveries for asbestos related liabilities 941 1,029
Deferred income taxes 2,017 2,135
Other assets 1,016 1,007
Total assets $ 36,004 $ 35,490
LIABILITIES
Current liabilities:
Accounts payable $ 3,633 $ 3,773
Short-term borrowings 45 56
Commercial paper 298 1,431
Current maturities of long-term debt 1,018 1,023
Accrued liabilities 6,153 6,006
Total current liabilities 11,147 12,289
Long-term debt 6,246 5,865
Deferred income taxes 542 698
Postretirement benefit obligations other than pensions 1,594 1,799
Asbestos related liabilities 1,040 1,538
Other liabilities 6,481 6,032
SHAREOWNERS' EQUITY
Capital—common stock—Authorized 2,000,000,000 shares
(Par value $1 per share):
—issued 957,599,900 958 958
—additional paid-in capital 3,823 3,994
Common stock held in treasury, at cost:
2009—193,390,602 shares; 2008—223,013,668 shares (8,995) (10,206)
Accumulated other comprehensive income (loss) (4,429) (3,809)
Retained earnings 17,487 16,250
Total Honeywell shareowners' equity 8,844 7,187
Noncontrolling interest 110 82
Total shareowners' equity 8,954 7,269
Total liabilities and shareowners' equity $ 36,004 $ 35,490