Tyson Foods 2004 Annual Report Download - page 32

Download and view the complete annual report

Please find page 32 of the 2004 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

30
CONSOLIDATED BALANCE SHEETS
October 2, 2004 and September 27, 2003
in millions, except per share data 2004 2003
Assets
Current Assets:
Cash and cash equivalents $33 $25
Accounts receivable, net 1,240 1,280
Inventories 2,063 1,994
Other current assets 196 72
Total Current Assets 3,532 3,371
Net Property, Plant and Equipment 3,964 4,039
Goodwill 2,558 2,652
Intangible Assets 149 182
Other Assets 261 242
Total Assets $10,464 $10,486
Liabilities and Shareholders’ Equity
Current Liabilities:
Current debt $338 $ 490
Trade accounts payable 945 838
Other current liabilities 1,010 1,147
Total Current Liabilities 2,293 2,475
Long-Term Debt 3,024 3,114
Deferred Income Taxes 695 722
Other Liabilities 160 221
Shareholders’ Equity:
Common stock ($0.10 par value):
Class A-authorized 900 million shares: Issued 268 million shares in 2004
and 267 million shares in 2003 27 27
Class B-authorized 900 million shares: Issued 102 million shares in 2004 and 2003 10 10
Capital in excess of par value 1,849 1,861
Retained earnings 2,728 2,380
Accumulated other comprehensive loss (12) (15)
4,602 4,263
Less treasury stock, at cost –17 million shares in 2004 and 16 million shares in 2003 264 252
Less unamortized deferred compensation 46 57
Total Shareholders’ Equity 4,292 3,954
Total Liabilities and Shareholders’ Equity $10,464 $10,486
See accompanying notes.