Ingram Micro 2011 Annual Report Download - page 54

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INGRAM MICRO INC.
CONSOLIDATED BALANCE SHEET
(In 000s, except par value)
Fiscal Year End
2011 2010
ASSETS
Current assets:
Cash and cash equivalents .............................................. $ 891,403 $1,155,551
Trade accounts receivable (less allowances of $60,236 and $75,794) ............ 4,465,329 4,138,629
Inventory ........................................................... 2,942,164 2,914,525
Other current assets ................................................... 319,506 381,383
Total current assets ................................................. 8,618,402 8,590,088
Property and equipment, net .............................................. 323,261 247,395
Intangible assets, net .................................................... 73,330 81,992
Other assets ........................................................... 131,523 164,557
Total assets ....................................................... $9,146,516 $9,084,032
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable .................................................... $4,893,437 $4,593,694
Accrued expenses .................................................... 524,010 536,218
Short-term debt and current maturities of long-term debt ..................... 92,428 105,274
Total current liabilities .............................................. 5,509,875 5,235,186
Long-term debt, less current maturities ..................................... 300,000 531,127
Other liabilities ........................................................ 63,864 76,537
Total liabilities .................................................... 5,873,739 5,842,850
Commitments and contingencies (Note 10)
Stockholders’ equity:
Preferred Stock, $0.01 par value, 25,000 shares authorized;
no shares issued and outstanding ...................................... — —
Class A Common Stock, $0.01 par value, 500,000 shares authorized;
185,127 and 182,458 shares issued and 149,484 and
158,745 shares outstanding in 2011 and 2010, respectively .................. 1,851 1,825
Class B Common Stock, $0.01 par value, 135,000 shares authorized;
no shares issued and outstanding ...................................... — —
Additional paid-in capital .............................................. 1,316,596 1,259,406
Treasury stock, 35,643 and 23,713 shares in 2011 and 2010, respectively ........ (604,331) (388,817)
Retained earnings .................................................... 2,444,995 2,200,755
Accumulated other comprehensive income ................................ 113,666 168,013
Total stockholders’ equity ............................................ 3,272,777 3,241,182
Total liabilities and stockholders’ equity ................................ $9,146,516 $9,084,032
See accompanying notes to these consolidated financial statements.
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