Black & Decker 2015 Annual Report Download - page 68

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Consolidated Balance Sheets
January 2, 2016 and January 3, 2015
(Millions of Dollars)
2015 2014
Assets
Current Assets
Cash and cash equivalents............................................................................................... $ 465.4 $ 496.6
Accounts and notes receivable, net................................................................................. 1,331.8 1,396.7
Inventories, net................................................................................................................ 1,526.4 1,562.7
Prepaid expenses............................................................................................................. 177.4 180.5
Assets held for sale ......................................................................................................... —29.5
Other current assets......................................................................................................... 161.1 282.8
Total Current Assets...................................................................................................... 3,662.1 3,948.8
Property, Plant and Equipment, net............................................................................ 1,450.2 1,454.1
Goodwill......................................................................................................................... 7,084.3 7,275.5
Customer Relationships, net ........................................................................................ 778.7 938.9
Trade Names, net........................................................................................................... 1,641.8 1,668.6
Other Intangible Assets, net......................................................................................... 121.0 144.2
Other Assets................................................................................................................... 434.2 419.0
Total Assets..................................................................................................................... $ 15,172.3 $ 15,849.1
Liabilities and Shareowners’ Equity
Current Liabilities
Short-term borrowings.................................................................................................... $ 2.5 $ 1.6
Current maturities of long-term debt .............................................................................. 5.1 5.9
Accounts payable............................................................................................................ 1,533.1 1,579.2
Accrued expenses............................................................................................................ 1,261.9 1,221.9
Liabilities held for sale.................................................................................................... —23.4
Total Current Liabilities............................................................................................... 2,802.6 2,832.0
Long-Term Debt............................................................................................................ 3,836.6 3,839.8
Deferred Taxes............................................................................................................... 825.9 992.7
Post-retirement Benefits............................................................................................... 669.4 749.9
Other Liabilities ............................................................................................................ 1,178.6 922.8
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 2015 and 2014
Issued 176,902,738 shares in 2015 and 2014 .......................................................... 442.3 442.3
Retained earnings............................................................................................................ 4,491.7 3,926.3
Additional paid in capital................................................................................................ 4,421.7 4,727.1
Accumulated other comprehensive loss.......................................................................... (1,694.2)(1,270.2)
ESOP............................................................................................................................... (34.9)(43.6)
7,626.6 7,781.9
Less: common stock in treasury (22,958,447 shares in 2015 and 19,777,288 shares in
2014) ............................................................................................................................... (1,815.0)(1,352.8)
Stanley Black & Decker, Inc. Shareowners’ Equity................................................... 5,811.6 6,429.1
Non-controlling interests................................................................................................. 47.6 82.8
Total Shareowners’ Equity........................................................................................... 5,859.2 6,511.9
Total Liabilities and Shareowners’ Equity.................................................................. $ 15,172.3 $ 15,849.1
See Notes to Consolidated Financial Statements.