First Data 2012 Annual Report Download - page 60

FIRST DATA CORPORATION
CONSOLIDATED BALANCE SHEETS
See Notes to Consolidated Financial Statements.
60
As of December 31,
(in millions, except common stock share amounts) 2012 2011
ASSETS
Current assets:
Cash and cash equivalents $ 608.3 $485.7
Accounts receivable, net of allowance for doubtful accounts of $33.3 (2012) and $18.1 (2011) 1,847.7 1,848.6
Settlement assets 9,173.8 10,658.3
Other current assets 253.6 322.9
Total current assets 11,883.4 13,315.5
Property and equipment, net of accumulated depreciation of $1,024.3 (2012) and $842.9 (2011) 855.8 935.9
Goodwill 17,282.5 17,204.6
Customer relationships, net of accumulated amortization of $3,839.0 (2012) and $3,212.7 (2011) 3,756.3 4,425.4
Other intangibles, net of accumulated amortization of $1,544.0 (2012) and $1,282.2 (2011) 1,828.6 1,879.2
Investment in affiliates 1,413.1 1,490.6
Long-term settlement assets 54.3 181.0
Other long-term assets 825.0 844.1
Total assets
$ 37,899.0 $40,276.3
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable $ 260.9 $205.9
Short-term and current portion of long-term borrowings 257.1 133.4
Settlement obligations 9,226.3 10,837.8
Other current liabilities 1,600.6 1,643.1
Total current liabilities 11,344.9 12,820.2
Long-term borrowings 22,528.9 22,521.7
Long-term deferred tax liabilities 509.5 695.4
Other long-term liabilities 821.9 763.6
Total liabilities 35,205.2 36,800.9
Commitments and contingencies (See Note 11)
Redeemable noncontrolling interest 67.4 67.4
First Data Corporation stockholde
r
’s (deficit) equity:
Common stock, $.01 par value; authorized and issued 1,000 shares (2012 and 2011)
—
—
Additional paid-in capital 7,341.5 7,375.2
Paid-in capital 7,341.5 7,375.2
Accumulated loss (7,387.8) (6,680.2)
Accumulated other comprehensive loss (552.2)(598.4)
Total First Data Corporation stockholder’s (deficit) equity (598.5)96.6
N
oncontrolling interests 3,224.9 3,311.4
Total equity 2,626.4 3,408.0
Total liabilities and equity
$ 37,899.0 $40,276.3