Radio Shack 2011 Annual Report Download - page 81

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73
Condensed Consolidating Balance Sheets
At December 31, 2010
(In millions)
RadioShack
Corporation
(Parent Co.)
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries
Eliminations
Consolidated
Assets
Current assets:
Cash and cash equivalents $ 109.7 $ 427.4 $ 32.3 $ -- $ 569.4
Accounts and notes receivable, net 314.7 57.9 4.9 -- 377.5
Inventories 650.1 42.9 30.7 -- 723.7
Other current assets 100.0 3.0 5.1 -- 108.1
Intercompany receivables -- 134.0 9.9 (143.9) --
Intercompany notes receivable -- 1,224.8 -- (1,224.8) --
Total current assets 1,174.5 1,890.0 82.9 (1,368.7) 1,778.7
Property, plant and equipment, net 247.3 17.3 9.7 -- 274.3
Goodwill 2.9 0.5 37.8 -- 41.2
Other assets, net 59.9 10.9 10.4 -- 81.2
Investment in subsidiaries 1,911.6 81.7 -- (1,993.3) --
Total assets $ 3,396.2 $ 2,000.4 $ 140.8 $ (3,362.0) $ 2,175.4
Liabilities and Stockholders’ Equity
Current liabilities:
Current maturities of long-term debt $ 308.0 $ -- $ -- $ -- $ 308.0
Accounts payable 203.1 33.5 35.8 -- 272.4
Accrued expenses and other current liabilities 275.3 40.8 11.6 -- 327.7
Intercompany payables 143.9 -- -- (143.9) --
Intercompany notes payable 1,224.8 -- -- (1,224.8) --
Total current liabilities 2,155.1 74.3 47.4 (1,368.7) 908.1
Long-term debt, excluding current maturities 331.8 -- -- -- 331.8
Other non-current liabilities 66.8 26.0 0.2 -- 93.0
Total liabilities 2,553.7 100.3 47.6 (1,368.7) 1,332.9
Stockholders’ equity 842.5 1,900.1 93.2 (1,993.3) 842.5
Total liabilities and stockholders’ equity $ 3,396.2 $ 2,000.4 $ 140.8 $ (3,362.0) $ 2,175.4