Tyson Foods 2003 Annual Report Download - page 34

Download and view the complete annual report

Please find page 34 of the 2003 Tyson Foods annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 72

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72

32 Tyson Foods, Inc.
consolidated balance sheets
TYSON FOODS, INC. 2003 ANNUAL REPORT
in millions, except per share data
September 27, 2003 and September 28, 2002 2003 2002
Assets
Current Assets:
Cash and cash equivalents $ 25 $ 51
Accounts receivable, net 1,280 1,101
Inventories 1,994 1,885
Other current assets 72 107
Total Current Assets 3,371 3,144
Net Property, Plant and Equipment 4,039 4,038
Goodwill 2,652 2,633
Intangible Assets 182 190
Other Assets 242 367
Total Assets $10,486 $10,372
Liabilities and Shareholders’ Equity
Current Liabilities:
Current debt $ 490 $ 254
Trade accounts payable 838 755
Other current liabilities 1,147 1,084
Total Current Liabilities 2,475 2,093
Long-Term Debt 3,114 3,733
Deferred Income Taxes 722 643
Other Liabilities 221 241
Shareholders’ Equity:
Common stock ($0.10 par value):
Class A-authorized 900 million shares:
Issued 267 million shares in 2003 and 2002 27 27
Class B-authorized 900 million shares:
Issued 102 million shares in 2003 and 2002 10 10
Capital in excess of par value 1,861 1,879
Retained earnings 2,380 2,097
Accumulated other comprehensive loss (15) (49)
4,263 3,964
Less treasury stock, at cost–16 million shares in 2003 and 2002 252 265
Less unamortized deferred compensation 57 37
Total Shareholders’ Equity 3,954 3,662
Total Liabilities and Shareholders’ Equity $10,486 $10,372
See accompanying notes.