Napa Auto Parts 2015 Annual Report Download - page 48

Genuine Parts Company and Subsidiaries
Consolidated Balance Sheets
December 31
2015 2014
(In Thousands, Except Share
Data and per Share Amounts)
Assets
Current assets:
Cash and cash equivalents .................................................... $ 211,631 $ 137,730
Trade accounts receivable, net ................................................. 1,822,419 1,872,365
Merchandise inventories, net .................................................. 2,999,966 3,043,848
Prepaid expenses and other current assets ........................................ 521,300 538,582
Total current assets ............................................................ 5,555,316 5,592,525
Goodwill .................................................................... 840,582 839,075
Other intangible assets, less accumulated amortization ................................ 521,213 547,515
Deferred tax assets ............................................................ 118,525 145,331
Other assets .................................................................. 460,918 451,690
Property, plant, and equipment:
Land ..................................................................... 85,450 87,651
Buildings, less accumulated depreciation (2015 — $282,804; 2014 — $270,946) ........ 267,446 281,824
Machinery and equipment, less accumulated depreciation (2015 — $620,113;
2014 — $598,137) ........................................................ 295,321 300,627
Net property, plant, and equipment ............................................... 648,217 670,102
$8,144,771 $8,246,238
Liabilities and equity
Current liabilities:
Trade accounts payable ....................................................... $2,821,526 $2,554,759
Current portion of debt ....................................................... 375,000 265,466
Accrued compensation ....................................................... 148,265 165,291
Other current liabilities ....................................................... 503,268 510,560
Dividends payable .......................................................... 92,595 88,039
Total current liabilities ......................................................... 3,940,654 3,584,115
Long-term debt ............................................................... 250,000 500,000
Pension and other post-retirement benefit liabilities .................................. 284,235 329,531
Deferred tax liabilities ......................................................... 50,684 72,479
Other long-term liabilities ....................................................... 459,956 447,749
Equity:
Preferred stock, par value $1 per share — authorized 10,000,000 shares; none issued ..... ——
Common stock, par value $1 per share — authorized 450,000,000 shares; issued and
outstanding 150,081,474 shares in 2015 and 153,113,042 shares in 2014 ............. 150,081 153,113
Additional paid-in capital ..................................................... 41,353 26,414
Accumulated other comprehensive loss .......................................... (930,618) (720,211)
Retained earnings ........................................................... 3,885,751 3,841,932
Total parent equity .......................................................... 3,146,567 3,301,248
Noncontrolling interests in subsidiaries .......................................... 12,675 11,116
Total equity .................................................................. 3,159,242 3,312,364
$8,144,771 $8,246,238
See accompanying notes.
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