Estee Lauder 2014 Annual Report Download - page 74

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72 THE EST{E LAUDER COMPANIES INC.
JUNE 30 2014 2013
($ in millions)
ASSETS
Current Assets
Cash and cash equivalents $ 1,629.1 $ 1,495.7
Accounts receivable, net 1,379.3 1,171.7
Inventory and promotional merchandise, net 1,294.0 1,113.9
Prepaid expenses and other current assets 522.8 515.9
Total current assets 4,825.2 4,297.2
Property, Plant and Equipment, net 1,502.6 1,350.7
Other Assets
Goodwill 893.2 881.5
Other intangible assets, net 157.3 169.6
Other assets 490.5 446.2
Total other assets 1,541.0 1,497.3
Total assets $ 7,868.8 $ 7,145.2
LIABILITIES AND EQUITY
Current Liabilities
Current debt $ 18.4 $ 18.3
Accounts payable 524.5 481.7
Other accrued liabilities 1,513.8 1,434.6
Total current liabilities 2,056.7 1,934.6
Noncurrent Liabilities
Long-term debt 1,324.7 1,326.0
Other noncurrent liabilities 618.0 582.7
Total noncurrent liabilities 1,942.7 1,908.7
Commitments and Contingencies
Equity
Common stock, $.01 par value; Class A authorized: 1,300,000,000 at June 30, 2014
and June 30, 2013; shares issued: 412,590,913 at June 30, 2014 and 407,988,891
at June 30, 2013; Class B authorized: 304,000,000 at June 30, 2014 and June 30, 2013;
shares issued and outstanding: 148,728,082 at June 30, 2014 and 148,978,082
at June 30, 2013 5.6 5.6
Paid-in capital 2,562.7 2,289.9
Retained earnings 6,265.8 5,364.1
Accumulated other comprehensive income (loss) (100.3) (157.5)
8,733.8 7,502.1
Less: Treasury stock, at cost; 178,434,483 Class A shares at June 30, 2014 and
168,972,698 Class A shares at June 30, 2013 (4,878.9) (4,215.2)
Total stockholders’ equity — The Estée Lauder Companies Inc. 3,854.9 3,286.9
Noncontrolling interests 14.5 15.0
Total equity 3,869.4 3,301.9
Total liabilities and equity $ 7,868.8 $ 7,145.2
20142014
$ 1,629.1$ 1,629.1
1,379.31,379.3
1,294.01,294.0
522.8522.8
4,825.24,825.2
1,502.61,502.6
893.2893.2
157.3157.3
490.5490.5
1,541.01,541.0
$ 7,868.8$ 7,868.8
$ 18.4$ 18.4
524.5524.5
1,513.81,513.8
2,056.72,056.7
1,324.71,324.7
618.0618.0
1,942.71,942.7
5.65.6
2,562.72,562.7
6,265.86,265.8
(100.3)(100.3)
8,733.88,733.8
(4,878.9)(4,878.9)
3,854.93,854.9
14.514.5
3,869.43,869.4
$ 7,868.8$ 7,868.8
See notes to consolidated financial statements.
CONSOLIDATED BALANCE SHEETS