Sunoco 2006 Annual Report Download - page 47

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Consolidated Balance Sheets Sunoco, Inc. and Subsidiaries
(Millions of Dollars)
At December 31 2006 2005
Assets
Current Assets
Cash and cash equivalents $ 263 $ 919
Accounts and notes receivable, net 2,440 1,754
Inventories (Note 6) 1,219 799
Deferred income taxes (Note 4) 93 215
Total Current Assets 4,015 3,687
Investments and long-term receivables (Note 7) 129 143
Properties, plants and equipment, net (Note 8) 6,365 5,658
Deferred charges and other assets (Note 10) 473 443
Total Assets $10,982 $ 9,931
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable $ 3,615 $ 3,014
Accrued liabilities 559 642
Short-term borrowings (Note 11) 275 —
Current portion of long-term debt (Note 12) 7177
Taxes payable 299 338
Total Current Liabilities 4,755 4,171
Long-term debt (Note 12) 1,705 1,234
Retirement benefit liabilities (Note 9) 523 525
Deferred income taxes (Note 4) 829 817
Other deferred credits and liabilities (Note 13) 477 486
Commitments and contingent liabilities (Note 14)
Minority interests (Note 15) 618 647
Shareholders’ Equity (Notes 16 and 17)
Common stock, par value $1 per share
Authorized—400,000,000 shares;
Issued, 2006—280,746,662 shares;
Issued, 2005—279,988,625 shares 281 280
Capital in excess of par value 1,634 1,587
Earnings employed in the business 4,622 3,766
Accumulated other comprehensive loss (176) (192)
Common stock held in treasury, at cost
2006—159,445,766 shares;
2005—146,838,655 shares (4,286) (3,390)
Total Shareholders’ Equity 2,075 2,051
Total Liabilities and Shareholders’ Equity $10,982 $ 9,931
(See Accompanying Notes)
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