Ingram Micro 2010 Annual Report Download - page 50

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INGRAM MICRO INC.
CONSOLIDATED BALANCE SHEET
(In 000s, except par value)
2010 2009
Fiscal Year End
ASSETS
Current assets:
Cash and cash equivalents ......................................... $1,155,551 $ 910,936
Trade accounts receivable (less allowances of $75,794 and $75,018) ......... 4,138,629 3,943,243
Inventory ..................................................... 2,914,525 2,499,895
Other current assets ............................................. 381,383 392,831
Total current assets ............................................ 8,590,088 7,746,905
Property and equipment, net ......................................... 247,395 221,710
Intangible assets, net .............................................. 81,992 92,054
Other assets ..................................................... 164,557 118,681
Total assets .................................................. $9,084,032 $8,179,350
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable ............................................... $4,593,694 $4,296,224
Accrued expenses ............................................... 536,218 423,365
Short-term debt and current maturities of long-term debt .................. 105,274 77,071
Total current liabilities ......................................... 5,235,186 4,796,660
Long-term debt, less current maturities ................................. 531,127 302,424
Other liabilities .................................................. 76,537 68,453
Total liabilities ............................................... 5,842,850 5,167,537
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred Stock, $0.01 par value, 25,000 shares authorized; no shares issued and
outstanding .................................................. — —
Class A Common Stock, $0.01 par value, 500,000 shares authorized;
182,458 and 179,478 shares issued and 158,745 and
164,383 shares outstanding in 2010 and 2009, respectively................. 1,825 1,795
Class B Common Stock, $0.01 par value, 135,000 shares authorized; no shares
issued and outstanding ......................................... — —
Additional paid-in capital ......................................... 1,259,406 1,201,577
Treasury stock, 23,713 and 15,095 shares in 2010 and 2009, respectively ...... (388,817) (243,219)
Retained earnings ............................................... 2,200,755 1,882,695
Accumulated other comprehensive income............................. 168,013 168,965
Total stockholders’ equity ....................................... 3,241,182 3,011,813
Total liabilities and stockholders’ equity . . . ......................... $9,084,032 $8,179,350
See accompanying notes to these consolidated financial statements.
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