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42 | 2005 Annual Report United States Postal Service
Balance Sheets – Assets
(Dollars in millions)
September 30,
2005 2004
Assets
Current Assets:
Cash and cash equivalents $ 930 $ 877
Receivables:
Foreign countries 590 621
U.S. government 280 327
Other 188 187
Receivables before allowances 1,058 1,135
Less allowances 50 111
Total receivables, net 1,008 1,024
Supplies, advances and prepayments 200 220
Total Current Assets 2,138 2,121
Other Assets, Principally Revenue Forgone Appropriations Receivable 376 361
Property and Equipment, at Cost:
Buildings 20,480 20,171
Equipment 18,664 17,277
Land 2,878 2,810
Leasehold improvements 1,172 1,103
43,194 41,361
Less allowances for depreciation and amortization 22,400 20,656
20,794 20,705
Construction in progress 1,895 1,792
Total Property and Equipment, Net 22,689 22,497
Total Assets $ 25,203 $ 24,979
See accompanying notes to the financial statements.