Kodak 2005 Annual Report Download - page 69

67
At December 31,
(in millions, except share and per share data) 2005 2004
Assets
Current Assets
Cash and cash equivalents $ 1,665 $ 1,255
Receivables, net 2,760 2,544
Inventories, net 1,140 1,158
Deferred income taxes 100 556
Other current assets 116 105
Assets of discontinued operations — 30
Total current assets 5,781 5,648
Property, plant and equipment, net 3,778 4,512
Goodwill 2,141 1,446
Other long-term assets 3,221 3,131
Total Assets $ 14,921 $ 14,737
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable and other current liabilities $ 4,187 $ 3,896
Short-term borrowings 819 469
Accrued income taxes 483 625
Total current liabilities 5,489 4,990
Long-term debt, net of current portion 2,764 1,852
Pension and other postretirement liabilities 3,476 3,338
Other long-term liabilities 1,225 737
Total liabilities 12,954 10,917
Commitments and Contingencies (Note 11)
Shareholders’ Equity
Common stock, $2.50 par value, 950,000,000 shares authorized;
391,292,760 shares issued in 2005 and 2004;
287,223,323 and 286,696,938 shares outstanding in 2005 and 2004 978 978
Additional paid in capital 873 859
Retained earnings 6,402 7,922
Accumulated other comprehensive loss (467) (90)
Unvested stock (6) (5)
7,780 9,664
Treasury stock, at cost
104,069,437 shares in 2005 and 104,595,822 shares in 2004 5,813 5,844
Total shareholders’ equity 1,967 3,820
Total Liabilties and Shareholders’ Equity $ 14,921 $ 14,737
The accompanying notes are an integral part of these consolidated fi nancial statements.
Eastman Kodak Company
Consolidated Statement of Financial Position