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Lexmark International, Inc. and Subsidiaries
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
As of December 31, 2014 and 2013
(In Millions, Except Par Value)
2014 2013
ASSETS
Current assets:
Cash and cash equivalents $ 309.3 $ 273.2
Marketable securities 624.6 781.5
Trade receivables, net of allowances of $22.2 in 2014 and $24.7 in 2013 421.6 452.3
Inventories 253.0 268.2
Prepaid expenses and other current assets 225.8 195.3
Total current assets 1,834.3 1,970.5
Property, plant and equipment, net 786.1 812.4
Marketable securities – 6.7
Goodwill 605.8 454.7
Intangibles, net 264.3 258.0
Other assets 142.6 114.6
Total assets $ 3,633.1 $ 3,616.9
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 532.8 $ 474.7
Accrued liabilities 678.5 672.4
Total current liabilities 1,211.3 1,147.1
Long-term debt 699.7 699.6
Other liabilities 458.8 401.9
Total liabilities 2,369.8 2,248.6
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; 61.3 and 62.0 outstanding in 2014 and 2013, respectively 1.0 1.0
Class B, 10.0 shares authorized; no shares issued and outstanding – –
Capital in excess of par 956.2 915.8
Retained earnings 1,404.1 1,413.1
Treasury stock, net; at cost; 35.7 and 33.8 shares in 2014 and 2013, respectively (1,006.4) (926.4)
Accumulated other comprehensive loss (91.6) (35.2)
Total stockholders' equity 1,263.3 1,368.3
Total liabilities and stockholders' equity $ 3,633.1 $ 3,616.9
See notes to consolidated financial statements.
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