Kodak 2006 Annual Report Download - page 68

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At December 31,
(in millions, except share and per share data) 2006 2005
Assets
Current Assets
Cash and cash equivalents $ 1,469 $ 1,665
Receivables, net 2,669 2,760
Inventories, net 1,202 1,455
Deferred income taxes 108 100
Other current assets 109 116
Total current assets 5,557 6,096
Property, plant and equipment, net 2,842 3,778
Goodwill 2,196 2,141
Other long-term assets 3,725 3,221
Total Assets $ 14,320 $ 15,236
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable and other current liabilities $ 4,143 $ 4,187
Short-term borrowings 64 819
Accrued income and other taxes 764 483
Total current liabilities 4,971 5,489
Long-term debt, net of current portion 2,714 2,764
Pension and other postretirement liabilities 3,964 3,476
Other long-term liabilities 1,283 1,225
Total liabilities 12,932 12,954
Commitments and Contingencies (Note 11)
Shareholders’ Equity
Common stock, $2.50 par value, 950,000,000 shares authorized;
391,292,760 shares issued as of December 31, 2006 and 2005;
287,333,123 and 287,223,323 shares outstanding as of December 31, 2006 and 2005 978 978
Additional paid in capital 881 867
Retained earnings 5,967 6,717
Accumulated other comprehensive loss (635) (467)
7,191 8,095
Treasury stock, at cost
103,959,637 shares as of December 31, 2006 and 104,069,437 shares as of December 31, 2005 5,803 5,813
Total shareholders’ equity 1,388 2,282
Total Liabilties and Shareholders’ Equity $ 14,320 $ 15,236
The accompanying notes are an integral part of these consolidated financial statements.