Lexmark 2011 Annual Report Download - page 74
Download and view the complete annual report
Please find page 74 of the 2011 Lexmark annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64 -
65 -
66 -
67 -
68 -
69 -
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
 |
 |
Lexmark International, Inc. and Subsidiaries
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
As of December 31, 2011 and 2010
(In Millions)
2011 2010
ASSETS
Current assets:
Cash and cash equivalents ........................................... $ 356.1 $ 337.5
Marketable securities ............................................... 793.3 879.7
Trade receivables, net of allowances of $28.0 and $32.8 in 2011 and 2010,
respectively ..................................................... 457.8 479.6
Inventories ........................................................ 335.5 366.1
Prepaid expenses and other current assets ............................. 266.1 206.7
Total current assets ............................................. 2,208.8 2,269.6
Property, plant and equipment, net ...................................... 888.8 904.8
Marketable securities ................................................. 11.5 18.0
Goodwill ............................................................ 216.4 187.3
Intangibles, net ...................................................... 151.2 155.3
Other assets ........................................................ 160.3 170.2
Total assets .................................................... $3,637.0 $3,705.2
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable .................................................. 486.5 535.3
Accrued liabilities ................................................... 636.8 711.0
Total current liabilities ........................................... 1,123.3 1,246.3
Long-term debt ...................................................... 649.3 649.1
Other liabilities ....................................................... 472.7 415.5
Total liabilities .................................................. 2,245.3 2,310.9
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $.01 par value, 1.6 shares authorized; no shares issued and
outstanding ...................................................... — —
Common stock, $.01 par value: .......................................
Class A, 900.0 shares authorized; 71.4 and 78.6 outstanding in 2011 and
2010, respectively .............................................. 0.9 0.9
Class B, 10.0 shares authorized; no shares issued and outstanding ....... — —
Capital in excess of par .............................................. 866.6 841.5
Retained earnings .................................................. 1,482.3 1,179.8
Treasury stock, net; at cost; 23.0 and 15.1 shares in 2011 and 2010,
respectively ..................................................... (654.4) (404.4)
Accumulated other comprehensive loss ................................ (303.7) (223.5)
Total stockholders’ equity ........................................ 1,391.7 1,394.3
Total liabilities and stockholders’ equity ........................... $3,637.0 $3,705.2
See notes to consolidated financial statements.
70