OfficeMax 2009 Annual Report Download - page 51

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OfficeMax Incorporated and Subsidiaries
Consolidated Balance Sheets
December 26, December 27,
2009 2008
(thousands, except share
and per-share amounts)
ASSETS
Current assets:
Cash and cash equivalents ............................ $ 486,570 $ 170,779
Receivables, net .................................... 532,822 561,509
Related party receivables ............................. 6,528 5,337
Inventories ........................................ 805,646 949,401
Deferred income taxes and receivables ................... 133,836 105,140
Other current assets ................................. 55,934 62,850
Total current assets ............................. 2,021,336 1,855,016
Property and equipment:
Land and land improvements ......................... 41,072 38,720
Buildings and improvements ......................... 483,133 473,188
Machinery and equipment ........................... 792,650 777,371
Total property and equipment ...................... 1,316,855 1,289,279
Accumulated depreciation ............................. (894,707) (798,551)
Net property and equipment ....................... 422,148 490,728
Intangible assets, net ................................ 83,806 81,793
Investments in affiliates ............................... 175,000 175,000
Timber notes receivable .............................. 899,250 899,250
Deferred income taxes ............................... 300,900 436,182
Other non-current assets .............................. 167,091 235,614
Total assets ................................... $4,069,531 $4,173,583
See accompanying notes to consolidated financial statements
47