Kraft 2013 Annual Report Download - page 47

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45
Kraft Foods Group, Inc.
Consolidated Balance Sheets
(in millions of U.S. dollars)
December 28,
2013 December 29,
2012
ASSETS
Cash and cash equivalents $ 1,686 $ 1,255
Receivables (net of allowances of $26 in 2013 and $28 in 2012) 1,048 1,089
Inventories, net 1,616 1,928
Deferred income taxes 360 420
Other current assets 198 131
Total current assets 4,908 4,823
Property, plant and equipment, net 4,115 4,204
Goodwill 11,505 11,599
Intangible assets, net 2,229 2,228
Other assets 391 325
TOTAL ASSETS $ 23,148 $ 23,179
LIABILITIES
Accounts payable $ 1,548 $ 1,556
Accrued marketing 685 740
Accrued employment costs 184 194
Dividends payable 313 296
Accrued postretirement health care costs 197 236
Other current liabilities 483 584
Total current liabilities 3,410 3,606
Long-term debt 9,976 9,966
Deferred income taxes 662 138
Accrued pension costs 405 1,990
Accrued postretirement health care costs 3,080 3,502
Other liabilities 428 405
TOTAL LIABILITIES 17,961 19,607
Commitments and Contingencies (Note 11)
EQUITY
Common stock, no par value (5,000,000,000 shares authorized; 596,843,449
shares issued at December 28, 2013 and 592,783,696 at December 29, 2012) — —
Additional paid-in capital 4,434 4,240
Retained earnings / (deficit) 1,281 (206)
Accumulated other comprehensive losses (499) (460)
Treasury stock, at cost (29) (2)
TOTAL EQUITY 5,187 3,572
TOTAL LIABILITIES AND EQUITY $ 23,148 $ 23,179
See accompanying notes to the consolidated financial statements.