Alcoa 2011 Annual Report Download - page 87

Alcoa and subsidiaries
Consolidated Balance Sheet
(in millions)
December 31, 2011 2010
Assets
Current assets:
Cash and cash equivalents (X) $ 1,939 $ 1,543
Receivables from customers, less allowances of $46 in both 2011 and 2010 (U) 1,571 1,591
Other receivables 371 326
Inventories (G) 2,899 2,584
Prepaid expenses and other current assets 933 875
Total current assets 7,713 6,919
Properties, plants, and equipment, net (H) 19,416 20,183
Goodwill (E) 5,251 5,122
Investments (I) 1,626 1,340
Deferred income taxes (T) 3,546 3,184
Other noncurrent assets (J) 2,568 2,545
Total Assets $40,120 $39,293
Liabilities
Current liabilities:
Short-term borrowings (K & X) $ 62 $ 92
Commercial paper (K & X) 224 -
Accounts payable, trade 2,692 2,331
Accrued compensation and retirement costs 985 932
Taxes, including income taxes 438 461
Other current liabilities 1,167 1,204
Long-term debt due within one year (K & X) 445 231
Total current liabilities 6,013 5,251
Long-term debt, less amount due within one year (K & X) 8,640 8,842
Accrued pension benefits (W) 3,261 2,923
Accrued other postretirement benefits (W) 2,583 2,615
Other noncurrent liabilities and deferred credits (L) 2,428 2,576
Total liabilities 22,925 22,207
Contingencies and commitments (N)
Equity
Alcoa shareholders’ equity:
Preferred stock (R) 55 55
Common stock (R) 1,178 1,141
Additional capital 7,561 7,087
Retained earnings 11,629 11,149
Treasury stock, at cost (3,952) (4,146)
Accumulated other comprehensive loss (2,627) (1,675)
Total Alcoa shareholders’ equity 13,844 13,611
Noncontrolling interests (M) 3,351 3,475
Total equity 17,195 17,086
Total Liabilities and Equity $40,120 $39,293
The accompanying notes are an integral part of the consolidated financial statements.
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