First Data 2012 Annual Report Download - page 122
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FIRST DATA CORPORATION
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
122
As of December 31, 2012
(in millions)
FDC Parent
Com
p
an
y
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries
Consolidation
Ad
j
ustments Consolidated
ASSETS
Current assets:
Cash and cash equivalents $228.0 $37.2 $343.1 $
—
$608.3
Accounts receivable, net of allowance for
doubtful accounts 4.4 879.7 963.6
—
1,847.7
Settlement assets (a)
—
5,097.1 4,076.7
—
9,173.8
Intercompany notes receivable
—
—
30.8 (30.8)
—
Other current assets 73.0 145.3 35.3
—
253.6
Total current assets 305.4 6,159.3 5,449.5 (30.8)11,883.4
Property and equipment, net of accumulated
depreciation 30.7 561.4 263.7
—
855.8
Goodwill
—
9,485.3 7,797.2
—
17,282.5
Customer relationships, net of accumulated
amortization
—
2,071.7 1,684.6
—
3,756.3
Other intangibles, net of accumulated amortization 605.0 619.7 603.9
—
1,828.6
Investment in affiliates
—
1,375.2 37.9
—
1,413.1
Long-term settlement assets (a)
—
—
54.3
—
54.3
Long-term intercompany receivables
—
5,501.3 1,141.1 (6,642.4)
—
Long-term intercompany notes receivable 3,397.3 270.0 8.4 (3,675.7)
—
Other long-term assets 427.1 373.5 108.2 (83.8)825.0
Investment in consolidated subsidiaries 24,257.2 5,379.5
—
(29,636.7)
—
Total assets
$29,022.7
$31,796.9
$17,148.8
$ (40,069.4)$37,899.0
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable $13.8 $141.8 $105.3 $
—
$260.9
Short-term and current portion of long-term
b
orrowings 15.1 55.1 186.9
—
257.1
Settlement obligations (a)
—
5,097.1 4,129.2
—
9,226.3
Intercompany notes payable 30.8
—
—
(30.8)
—
Other current liabilities 608.1 620.3 372.2
—
1,600.6
Total current liabilities 667.8 5,914.3 4,793.6 (30.8)11,344.9
Long-term borrowings 22,462.3 47.8 18.8
—
22,528.9
Long-term deferred tax (assets) liabilities (1,079.7)1,512.7 76.5
—
509.5
Long-term intercompany payables 6,642.4
—
—
(6,642.4)
—
Long-term intercompany notes payable 276.7 3,315.6 83.4 (3,675.7)
—
Other long-term liabilities 651.7 222.7 31.3 (83.8)821.9
Total liabilities 29,621.2 11,013.1 5,003.6 (10,432.7)35,205.2
Redeemable equity interest
—
—
67.4 (67.4)
—
Redeemable noncontrolling interest
—
—
—
67.4 67.4
First Data Corporation stockholde
r
’ s equity (598.5) 20,783.8 5,598.9 (26,382.7) (598.5)
N
oncontrolling interests
—
—
70.5 3,154.4 3,224.9
Equity of consolidated alliance
—
—
6,408.4 (6,408.4)
—
Total equity (598.5)20,783.8 12,077.8 (29,636.7)2,626.4
Total liabilities and equity
$29,022.7
$31,796.9
$17,148.8
$ (40,069.4) $37,899.0