Alcoa 2001 Annual Report Download - page 48

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46
Consolidated Balance Sheet Alcoa and subsidiaries
(in millions)
December 31 2001 2000
Assets
Current assets:
Cash and cash equivalents (S) $ 512 $ 315
Short-term investments (S) 15 56
Receivables from customers, less allowances: 2001 – $129; 2000 – $69 2,577 3,461
Other receivables 288 354
Inventories (D) 2,531 2,703
Deferred income taxes (O) 410 385
Prepaid expenses and other current assets 459 304
Total current assets 6,792 7,578
Properties, plants and equipment (E) 11,982 12,850
Goodwill, net of accumulated amortization of $524 in 2001 and $344 in 2000 (C) 5,733 6,003
Otherassets(F) 3,848 5,260
Total Assets $28,355 $31,691
Liabilities
Current liabilities:
Short-term borrowings (H and S) $ 142 $ 2,719
Accounts payable, trade 1,630 1,876
Accrued compensation and retirement costs 889 928
Taxes, including taxes on income 903 702
Other current liabilities 1,336 1,302
Long-term debt due within one year (H and S) 103 427
Total current liabilities 5,003 7,954
Long-term debt, less amount due within one year (H and S) 6,388 4,987
Accrued postretirement benefits (P) 2,513 2,719
Other noncurrent liabilities and deferred credits (G) 1,968 2,126
Deferred income taxes (O) 556 969
Total liabilities 16,428 18,755
Minority Interests (I) 1,313 1,514
Commitments and Contingencies (J)
Shareholders’ Equity
Preferred stock (M) 56 56
Common stock (M) 925 925
Additional capital 6,114 5,927
Retained earnings 7,517 7,127
Treasury stock, at cost (2,706) (1,717)
Accumulated other comprehensive loss (1,292) (896)
Total shareholders’ equity 10,614 11,422
Total Liabilities and Equity $28,355 $31,691
The accompanying notes are an integral part of the financial statements.