First Data 2008 Annual Report Download - page 159

FIRST DATA CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Supplemental Balance Sheet Information
Successor
December 31, 2008 2007
(in millions)
Current assets:
Accounts receivable:
Customers $ 2,236.4 $ 2,264.7
Due from unconsolidated merchant alliances (a) 352.0 52.5
Interest and other receivables 65.4 110.3
2,653.8 2,427.5
Less allowance for doubtful accounts (16.6) (14.7)
$ 2,637.2 $ 2,412.8
Other current assets:
Prepaid expenses $ 143.6 $ 166.7
Inventory 124.8 107.5
Deferred and other income tax assets 135.1 186.4
Other 16.3 19.1
$ 419.8 $ 479.7
Property and equipment:
Land $ 112.8 $ 68.3
Buildings 399.5 367.8
Leasehold improvements 35.1 35.3
Equipment and furniture 732.7 482.9
Equipment under capital lease 68.8 46.2
1,348.9 1,000.5
Less accumulated depreciation (261.1) (61.2)
$ 1,087.8 $ 939.3
Other long-term assets:
Accounts receivable, net of allowance for doubtful accounts of $7.2 (2008) and $7.0 (2007) $ 366.0 $ 370.8
Investments 27.5 71.1
Regulatory and escrowed cash 6.8 6.8
Derivative financial instruments 11.7 1.0
Pension asset — 1.9
Deferred financing costs (net of amortization) 490.2 489.5
Deferred income tax assets 11.0 8.3
Other 24.9 26.1
$ 938.1 $ 975.5
Other current liabilities:
Accrued expenses $ 829.3 $ 625.3
Compensation and benefit liabilities 246.5 297.1
Income taxes payable 20.8 22.7
Minority interest — 38.4
Accrued costs of businesses acquired (including deferred acquisition consideration) 13.5 43.9
Due to unconsolidated merchant alliances (a) 83.7 6.7
Other 219.8 364.8
$ 1,413.6 $ 1,398.9
Other long-term liabilities:
Pension obligations $ 71.5 $ 85.4
Accrued costs of businesses acquired (including deferred acquisition consideration) 3.6 34.0
Minority interest 24.4 14.5
Derivative financial instruments 595.6 221.0
Income taxes payable 510.2 478.1
Other 91.5 106.1
$ 1,296.8 $ 939.1
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