Black & Decker 2014 Annual Report Download - page 69

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Consolidated Balance Sheets
January 3, 2015 and December 28, 2013
(Millions of Dollars)
2014 2013
Assets
Current Assets
Cash and cash equivalents............................................................................................... $ 496.6 $ 496.2
Accounts and notes receivable, net ................................................................................. 1,396.7 1,578.5
Inventories, net................................................................................................................ 1,562.7 1,473.3
Prepaid expenses ............................................................................................................. 180.5 170.6
Assets held for sale ......................................................................................................... 29.5 136.9
Other current assets......................................................................................................... 282.8 161.1
Total Current Assets
...................................................................................................... 3,948.8 4,016.6
Property, Plant and Equipment, net............................................................................ 1,454.1 1,478.6
Goodwill ......................................................................................................................... 7,275.5 7,562.7
Customer Relationships, net ........................................................................................ 938.9 1,163.9
Trade Names, net........................................................................................................... 1,668.6 1,703.3
Other Intangible Assets, net......................................................................................... 144.2 170.1
Other Assets................................................................................................................... 419.0 439.9
Total Assets
..................................................................................................................... $ 15,849.1 $ 16,535.1
Liabilities and Shareowners’ Equity
Current Liabilities
Short-term borrowings .................................................................................................... $ 1.6 $ 392.7
Current maturities of long-term debt .............................................................................. 5.9 9.9
Accounts payable ............................................................................................................ 1,579.2 1,552.9
Accrued expenses............................................................................................................ 1,221.9 1,219.5
Liabilities held for sale.................................................................................................... 23.4 61.0
Total Current Liabilities............................................................................................... 2,832.0 3,236.0
Long-Term Debt............................................................................................................ 3,839.8 3,799.4
Deferred Taxes............................................................................................................... 992.7 899.7
Post-retirement Benefits ............................................................................................... 749.9 744.0
Other Liabilities ............................................................................................................ 922.8 975.5
Commitments and Contingencies (Notes R and S)..................................................... ——
Shareowners’ Equity
Stanley Black & Decker, Inc. Shareowners’ Equity
Preferred stock, without par value:
Authorized and unissued 10,000,000 shares............................................................ ——
Common stock, par value $2.50 per share:
Authorized 300,000,000 shares in 2014 and 2013
Issued 176,902,738 shares in 2014 and 2013 .......................................................... 442.3 442.3
Retained earnings............................................................................................................ 3,926.3 3,484.9
Additional paid in capital................................................................................................ 4,727.1 4,878.6
Accumulated other comprehensive loss.......................................................................... (1,270.2)(499.0)
ESOP............................................................................................................................... (43.6)(53.2)
7,781.9 8,253.6
Less: common stock in treasury (19,777,288 shares in 2014 and 21,423,508 shares in
2013) ............................................................................................................................... (1,352.8)(1,454.4)
Stanley Black & Decker, Inc. Shareowners’ Equity
................................................... 6,429.1 6,799.2
Non-controlling interests................................................................................................. 82.8 81.3
Total Shareowners’ Equity........................................................................................... 6,511.9 6,880.5
Total Liabilities and Shareowners’ Equity
.................................................................. $ 15,849.1 $ 16,535.1
See Notes to Consolidated Financial Statements.