Radio Shack 2008 Annual Report Download - page 56

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RADIOSHACK CORPORATION AND SUBSIDIARIES
Consolidated Balance Sheets
December 31,
(In millions, except for share amounts) 2008 2007
Assets
Current assets:
Cash and cash equivalents $ 814.8 $ 509.7
Accounts and notes receivable, net 241.9 256.0
Inventories 636.3 705.4
Other current assets 99.0 95.7
Total current assets 1,792.0 1,566.8
Property, plant and equipment, net 306.4 317.1
Other assets, net 185.1 105.7
Total assets $ 2,283.5 $ 1,989.6
Liabilities and Stockholders’ Equity
Current liabilities:
Short-term debt, including current maturities of
long-term debt
$ 39.3
$ 61.2
Accounts payable 206.4 257.6
Accrued expenses and other current liabilities 367.3 393.5
Income taxes payable 24.2 35.7
Total current liabilities 637.2 748.0
Long-term debt, excluding current maturities 732.5 348.2
Other non-current liabilities 96.5 123.7
Total liabilities 1,466.2 1,219.9
Commitments and contingencies (see Note 12)
Stockholders’ equity:
Preferred stock, no par value, 1,000,000
shares authorized:
Series A junior participating, 300,000 shares
designated and none issued
--
--
Common stock, $1 par value, 650,000,000
shares authorized;191,033,000 shares issued
191.0
191.0
Additional paid-in capital 106.0 108.4
Retained earnings 2,153.2 1,992.1
Treasury stock, at cost; 65,950,000 and
59,940,000 shares, respectively
(1,625.9)
(1,516.5)
Accumulated other comprehensive loss (7.0) (5.3)
Total stockholders’ equity 817.3 769.7
Total liabilities and stockholders’ equity $ 2,283.5 $ 1,989.6
The accompanying notes are an integral part of these consolidated financial statements.
49