Boeing 2012 Annual Report Download - page 63

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51
The Boeing Company and Subsidiaries
Consolidated Statements of Financial Position
(Dollars in millions, except per share data)
December 31, 2012 2011
Assets
Cash and cash equivalents $10,341 $10,049
Short-term and other investments 3,217 1,223
Accounts receivable, net 5,608 5,793
Current portion of customer financing, net 364 476
Deferred income taxes 28 29
Inventories, net of advances and progress billings 37,751 32,240
Total current assets 57,309 49,810
Customer financing, net 4,056 4,296
Property, plant and equipment, net 9,660 9,313
Goodwill 5,035 4,945
Acquired intangible assets, net 3,111 3,044
Deferred income taxes 6,753 5,892
Investments 1,180 1,043
Other assets, net of accumulated amortization of $504 and $717 1,792 1,643
Total assets $88,896 $79,986
Liabilities and equity
Accounts payable $9,394 $8,406
Accrued liabilities 12,995 12,239
Advances and billings in excess of related costs 16,672 15,496
Deferred income taxes and income taxes payable 4,485 2,780
Short-term debt and current portion of long-term debt 1,436 2,353
Total current liabilities 44,982 41,274
Accrued retiree health care 7,528 7,520
Accrued pension plan liability, net 19,651 16,537
Non-current income taxes payable 366 122
Other long-term liabilities 1,429 907
Long-term debt 8,973 10,018
Shareholders’ equity:
Common stock, par value $5.00 – 1,200,000,000 shares authorized;
1,012,261,159 shares issued 5,061 5,061
Additional paid-in capital 4,122 4,033
Treasury stock, at cost (15,937) (16,603)
Retained earnings 30,037 27,524
Accumulated other comprehensive loss (17,416) (16,500)
Total shareholders’ equity 5,867 3,515
Noncontrolling interest 100 93
Total equity 5,967 3,608
Total liabilities and equity $88,896 $79,986
See Notes to the Consolidated Financial Statements on pages 54 – 108.