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60
Lexmark International, Inc. and Subsidiaries
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
As of December 31, 2013 and 2012
(In Millions, Except Par Value)
2013 2012
ASSETS
Current assets:
Cash and cash equivalents $ 273.2 $ 212.4
Marketable securities 781.5 693.4
Trade receivables, net of allowances of $24.7 in 2013 and $23.6 in 2012 452.3 523.6
Inventories 268.2 277.3
Prepaid expenses and other current assets 196.5 214.6
Total current assets 1,971.7 1,921.3
Property, plant and equipment, net 812.4 845.3
Marketable securities 6.7 6.3
Goodwill 456.0 378.7
Intangibles, net 258.0 231.4
Other assets 114.7 142.3
Total assets $ 3,619.5 $ 3,525.3
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Current portion of long-term debt $ – $ 350.0
Accounts payable 474.7 512.6
Accrued liabilities 672.2 582.1
Total current liabilities 1,146.9 1,444.7
Long-term debt 699.6 299.6
Other liabilities 404.7 499.5
Total liabilities 2,251.2 2,243.8
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; 62.0 and 63.9 outstanding in 2013 and 2012, respectively 1.0 1.0
Class B, 10.0 shares authorized; no shares issued and outstanding – –
Capital in excess of par 915.8 900.6
Retained earnings 1,413.1 1,229.4
Treasury stock, net; at cost; 33.8 and 31.1 shares in 2013 and 2012, respectively (926.4) (844.4)
Accumulated other comprehensive loss (35.2) (5.1)
Total stockholders' equity 1,368.3 1,281.5
Total liabilities and stockholders' equity $ 3,619.5 $ 3,525.3
See notes to consolidated financial statements.
60