Motorola 2005 Annual Report Download - page 87

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80
Motorola, Inc. and Subsidiaries
Consolidated Balance Sheets
December 31
(In millions, except per share amounts)
2005
2004
ASSETS
Current assets
Cash and cash equivalents $ 3,774 $ 2,846
Sigma Funds 10,867 7,710
Short-term investments 144 152
Accounts receivable, net 5,779 4,525
Inventories, net 2,522 2,546
Deferred income taxes 2,390 1,541
Other current assets 2,393 1,795
Total current assets 27,869 21,115
Property, plant and equipment, net 2,271 2,332
Investments 1,654 3,241
Deferred income taxes 1,245 2,353
Other assets 2,610 1,881
Total assets $35,649 $30,922
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Notes payable and current portion of long-term debt $ 448 $ 717
Accounts payable 4,406 3,330
Accrued liabilities 7,634 6,556
Total current liabilities 12,488 10,603
Long-term debt 3,806 4,581
Other liabilities 2,682 2,407
Stockholders' equity
Preferred stock, $100 par value ÌÌ
Common stock, $3 par value
Issued shares: 2005Ì2,502.7 and 2004Ì2,447.8
Outstanding shares: 2005Ì2,501.1 and 2004Ì2,447.8 7,508 7,343
Additional paid-in capital 4,691 4,321
Retained earnings 5,897 1,722
Non-owner changes to equity (1,423) (55)
Total stockholders' equity 16,673 13,331
Total liabilities and stockholders' equity $35,649 $30,922
See accompanying notes to consolidated financial statements.