Qualcomm 2006 Annual Report Download - page 69

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qualcomm 2006 55
Sept. 24, Sept. 25,
(In millions, except per share data) 2006 2005
Assets
Current assets:
Cash and cash equivalents $ 1,607 $ 2,070
Marketable securities 4,114 4,478
Accounts receivable, net 700 544
Inventories 250 177
Deferred tax assets 235 343
Other current assets 143 179
Total current assets 7,049 7,791
Marketable securities 4,228 2,133
Property, plant and equipment, net 1,482 1,022
Goodwill 1,230 571
Deferred tax assets 512 444
Other assets 707 518
Total assets $15,208 $12,479
Liabilities and Stockholders’ Equity
Current liabilities:
Trade accounts payable $ 420 $ 376
Payroll and other benets related liabilities 273 196
Unearned revenue 197 163
Other current liabilities 532 335
Total current liabilities 1,422 1,070
Unearned revenue 141 146
Other liabilities 239 144
Total liabilities 1,802 1,360
Commitments and contingencies (Notes 4 and 9)
Stockholders’ equity:
Preferred stock, $0.0001 par value; issuable in series; 8 shares authorized;
none outstanding at September 24, 2006 and September 25, 2005 — —
Common stock, $0.0001 par value; 6,000 shares authorized; 1,652 and 1,640 shares
issued and outstanding at September 24, 2006 and September 25, 2005 — —
Paid-in capital 7,242 6,753
Retained earnings 6,100 4,328
Accumulated other comprehensive income 64 38
Total stockholders’ equity 13,406 11,119
Total liabilities and stockholders’ equity $15,208 $12,479
See accompanying notes.
Consolidated Balance Sheets