Johnson Controls 2012 Annual Report Download - page 55

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55
Johnson Controls, Inc.
Consolidated Statements of Financial Position
September 30,
(in millions, except par value and share data)
2012
2011
Assets
Cash and cash equivalents
$
265
$
257
Accounts receivable, less allowance for doubtful
accounts of $78 and $89, respectively
7,308
7,151
Inventories
2,227
2,316
Other current assets
2,873
2,291
Current assets
12,673
12,015
Property, plant and equipment - net
6,440
5,616
Goodwill
6,982
7,016
Other intangible assets - net
947
945
Investments in partially-owned affiliates
948
811
Other noncurrent assets
2,894
3,273
Total assets
$
30,884
$
29,676
Liabilities and Equity
Short-term debt
$
323
$
596
Current portion of long-term debt
424
17
Accounts payable
6,114
6,159
Accrued compensation and benefits
1,090
1,315
Other current liabilities
2,904
2,695
Current liabilities
10,855
10,782
Long-term debt
5,321
4,533
Pension and postretirement benefits
1,248
1,102
Other noncurrent liabilities
1,504
1,819
Long-term liabilities
8,073
7,454
Commitments and contingencies (Note 20)
Redeemable noncontrolling interests
253
260
Common Stock, $.01 7/18 par value
shares authorized: 1,800,000,000
shares issued: 2012 - 688,483,873; 2011 - 682,634,236
10
9
Capital in excess of par value
2,725
2,620
Retained earnings
8,541
7,838
Treasury stock, at cost (2012 - 6,176,266; 2011 - 2,470,168 shares)
(179)
(74)
Accumulated other comprehensive income
458
649
Shareholders' equity attributable to Johnson Controls, Inc.
11,555
11,042
Noncontrolling interests
148
138
Total equity
11,703
11,180
Total liabilities and equity
$
30,884
$
29,676
The accompanying notes are an integral part of the financial statements.