Emerson 2005 Annual Report Download - page 42

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3 0 E M E R S O N 2 0 0 5
Consolidated Balance Sheets
EMERSON ELECTRIC CO. AND SUBSIDIARIES
September 30
(Dollars in millions except per share amounts)
ASSETS 2004 2005
Current assets
Cash and equivalents $ 1,346 1,233
Receivables, less allowances of $78 in 2004 and $76 in 2005 2,932 3,256
Inventories:
Finished products 693 711
Raw materials and work in process 1,012 1,102
Total inventories 1,705 1,813
Other current assets 433 535
Total current assets 6,416 6,837
Property, plant and equipment
Land 184 185
Buildings 1,402 1,426
Machinery and equipment 5,284 5,442
Construction in progress 249 303
7,119 7,356
Less accumulated depreciation 4,182 4,353
Property, plant and equipment, net 2,937 3,003
Other assets
Goodwill 5,259 5,479
Other 1,749 1,908
Total other assets 7,008 7,387
$16,361 17,227
See accompanying Notes to Consolidated Financial Statements.