Kodak 2007 Annual Report Download - page 44

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n
(in millions, except share and per share data)
As of December 31,
2007 2006
Assets
Current Assets
Cash and cash equivalents $ 2,947 $ 1,469
Receivables, net 1,939 2,072
Inventories, net 943 1,001
Deferred income taxes 120 108
Other current assets 104 96
Assets of discontinued operations — 811
Total current assets 6,053 5,557
Property, plant and equipment, net 1,811 2,602
Goodwill 1,657 1,584
Other long-term assets 4,138 3,509
Assets of discontinued operations — 1,068
Total Assets $ 13,659 $ 14,320
Liabilities And Shareholders’ Equity
Current Liabilities
Accounts payable and other current liabilities $ 3,794 $ 3,712
Short-term borrowings 308 64
Accrued income and other taxes 344 347
Liabilities of discontinued operations — 431
Total current liabilities 4,446 4,554
Long-term debt, net of current portion 1,289 2,714
Pension and other postretirement liabilities 3,444 3,934
Other long-term liabilities 1,451 1,690
Liabilities of discontinued operations — 40
Total liabilities 10,630 12,932
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, 2007 and 2006; 287,999,830 and 287,333,123 shares outstanding as of
December 31, 2007 and 2006 978 978
Additional paid in capital 889 881
Retained earnings 6,474 5,967
Accumulated other comprehensive income (loss) 452 (635)
8,793 7,191
Treasury stock, at cost
103,292,930 shares as of December 31, 2007 and 103,959,637 shares as of December 31, 2006 5,764 5,803
Total shareholders’ equity 3,029 1,388
Total Liabilities And Shareholders’ Equity $13,659 $14,320
The accompanying notes are an integral part of these consolidated financial statements.
n Eastman Ko dak Company
Consolidated Stat ement of Fi nan cial Posit ion