Graco 2007 Annual Report Download - page 44

Newell Rubbermaid Inc. 2007 Annual Report
42
CONSOLIDATED BALANCE SHEETS
(Amounts in millions, except par value)
December 31, 2007 2006
Assets
Current Assets:
Cash and cash equivalents $ 329.2 $ 201.0
Accounts receivable, net of allowances of $39.1 for 2007 and $38.2 for 2006 1,166.4 1,113.6
Inventories, net 940.4 850.6
Deferred income taxes 102.0 110.1
Prepaid expenses and other 113.7 133.5
Current assets of discontinued operations
— 68.1
Total Current Assets 2,651.7 2,476.9
Property, plant and equipment, net 688.6 746.9
Deferred income taxes 29.4 1.3
Goodwill 2,608.7 2,435.7
Other intangible assets, net 501.8 458.8
Other assets 202.7 190.9
Total Assets $6,682.9 $6,310.5
Liabilities and Stockholders’ Equity
Current Liabilities:
Accounts payable $ 616.9 $ 549.9
Accrued compensation 170.7 177.9
Other accrued liabilities 744.7 710.9
Income taxes payable 44.0 144.3
Notes payable 15.3 23.9
Current portion of long-term debt 972.2 253.6
Current liabilities of discontinued operations
— 36.1
Total Current Liabilities 2,563.8 1,896.6
Long-term debt 1,197.4 1,972.3
Other noncurrent liabilities 674.4 551.4
Stockholders’ Equity:
Common stock, authorized shares, 800.0 at $1.00 par value; 292.6 291.0
Outstanding shares, before treasury:
2007
— 292.6
2006
— 291.0
Treasury stock, at cost; (415.1) (411.6)
Shares held:
2007
— 15.9
2006
— 15.7
Additional paid-in capital 570.3 505.0
Retained earnings 1,922.7 1,690.4
Accumulated other comprehensive loss (123.2) (184.6)
Total Stockholders’ Equity 2,247.3 1,890.2
Total Liabilities and Stockholders’ Equity $6,682.9 $6,310.5
See Notes to Consolidated Financial Statements.