Western Union 2011 Annual Report Download - page 96
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THE WESTERN UNION COMPANY
Consolidated Balance Sheets
(in millions, except per share amounts)
December 31,
2011 2010
Assets
Cash and cash equivalents .................................................. $ 1,370.9 $ 2,157.4
Settlement assets ......................................................... 3,091.2 2,635.2
Property and equipment, net of accumulated depreciation of $429.7 and $383.6,
respectively ........................................................... 198.1 196.5
Goodwill ............................................................... 3,198.9 2,151.7
Other intangible assets, net of accumulated amortization of $462.5 and $441.2,
respectively ........................................................... 847.4 438.0
Other assets ............................................................. 363.4 350.4
Total assets ............................................................. $ 9,069.9 $ 7,929.2
Liabilities and Stockholders’ Equity
Liabilities:
Accounts payable and accrued liabilities .................................... $ 535.0 $ 520.4
Settlement obligations ................................................... 3,091.2 2,635.2
Income taxes payable ................................................... 302.4 356.6
Deferred tax liability, net ................................................ 389.7 289.9
Borrowings ........................................................... 3,583.2 3,289.9
Other liabilities ........................................................ 273.6 254.5
Total liabilities .......................................................... 8,175.1 7,346.5
Commitments and contingencies (Note 6)
Stockholders’ equity:
Preferred stock, $1.00 par value; 10 shares authorized; no shares issued .......... — —
Common stock, $0.01 par value; 2,000 shares authorized; 619.4 shares and 654.0
shares issued and outstanding as of December 31, 2011 and 2010,
respectively ....................................................... 6.2 6.5
Capital surplus ....................................................... 247.1 117.4
Retained earnings .................................................... 760.0 591.6
Accumulated other comprehensive loss ................................... (118.5) (132.8)
Total stockholders’ equity .................................................. 894.8 582.7
Total liabilities and stockholders’ equity ...................................... $ 9,069.9 $ 7,929.2
See Notes to Consolidated Financial Statements.
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