Sara Lee 2011 Annual Report Download - page 82

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CONSOLIDATED BALANCE SHEETS
Dollars in millions except per share data July 2, 2011 July 3, 2010
Assets
Cash and equivalents $2,066 $«««955
Trade accounts receivable, less allowances of $41 in 2011 and $62 in 2010 929 1,035
Inventories
Finished goods 485 386
Work in process 36 31
Materials and supplies 455 278
976 695
Current deferred income taxes 54 241
Other current assets 274 363
Assets held for sale 285 491
Total current assets 4,584 3,780
Property
Land 66 56
Buildings and improvements 1,274 1,180
Machinery and equipment 2,645 2,407
Construction in progress 119 185
4,104 3,828
Accumulated depreciation 2,456 2,230
Property, net 1,648 1,598
Trademarks and other identifiable intangibles, net 322 241
Goodwill 811 719
Deferred income taxes 256 225
Other noncurrent assets 521 150
Noncurrent assets held for sale 1,391 2,123
$9,533 $8,836
The accompanying Notes to Financial Statements are an integral part of these statements.