Alcoa 2013 Annual Report Download - page 103

Alcoa and subsidiaries
Consolidated Balance Sheet
(in millions)
December 31, 2013 2012
Assets
Current assets:
Cash and cash equivalents (X) $ 1,437 $ 1,861
Receivables from customers, less allowances of $20 in 2013 and $39 in 2012 (U) 1,221 1,399
Other receivables (U) 597 340
Inventories (G) 2,705 2,825
Prepaid expenses and other current assets 1,009 1,275
Total current assets 6,969 7,700
Properties, plants, and equipment, net (H) 17,639 18,947
Goodwill (A & E) 3,415 5,170
Investments (I) 1,907 1,860
Deferred income taxes (T) 3,184 3,790
Other noncurrent assets (J) 2,628 2,712
Total Assets $35,742 $40,179
Liabilities
Current liabilities:
Short-term borrowings (K & X) $ 57 $ 53
Accounts payable, trade 2,960 2,702
Accrued compensation and retirement costs 1,013 1,058
Taxes, including income taxes 376 366
Other current liabilities 1,044 1,298
Long-term debt due within one year (K & X) 655 465
Total current liabilities 6,105 5,942
Long-term debt, less amount due within one year (K & X) 7,607 8,311
Accrued pension benefits (W) 3,183 3,722
Accrued other postretirement benefits (W) 2,354 2,603
Other noncurrent liabilities and deferred credits (L) 2,971 3,078
Total liabilities 22,220 23,656
Contingencies and commitments (N)
Equity
Alcoa shareholders’ equity:
Preferred stock (R) 55 55
Common stock (R) 1,178 1,178
Additional capital 7,509 7,560
Retained earnings 9,272 11,689
Treasury stock, at cost (3,762) (3,881)
Accumulated other comprehensive loss (B) (3,659) (3,402)
Total Alcoa shareholders’ equity 10,593 13,199
Noncontrolling interests (M) 2,929 3,324
Total equity 13,522 16,523
Total Liabilities and Equity $35,742 $40,179
The accompanying notes are an integral part of the consolidated financial statements.
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