McKesson 2005 Annual Report Download - page 54

McKESSON CORPORATION
CONSOLIDATED BALANCE SHEETS
(In millions, except per share amounts)
See Financial Notes
54
March 31,
2005 2004
ASSETS
Current Assets
Cash and cash equivalents $ 1,800.0 $708.0
Marketable securities available for sale 9.3 9.8
Receivables, net 5,731.5 5,418.8
Inventories 7,495.5 6,735.1
Prepaid expenses and other 296.0 132.5
Total 15,332.3 13,004.2
Property, Plant and Equipment, Ne
t
630.5 599.9
Capitalized Software Held for Sale 129.7 129.4
Notes Receivable 162.6 172.2
Goodwill 1,452.4 1,405.8
Intangibles 89.4 84.4
Other Assets 978.1 844.3
Total Assets $18,775.0 $16,240.2
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Drafts payable $ 548.4 $ 564.6
Accounts payable 8,186.2 6,797.5
Deferred revenue 593.1 503.2
Current portion of long-term debt 8.8 274.8
Salaries and wages 225.2 200.5
Taxes 292.0 378.9
Securities Litigation 1,200.0
—
Other 738.9 696.8
Total 11,792.6 9,416.3
Postretirement Obligations and Other Noncurrent Liabilities 505.6 448.8
Long-Term Debt 1,201.7 1,209.8
Other Commitments and Contingent Liabilities (Note 19)
Stockholders’ Equity
Preferred stock, $0.01 par value, 100.0 shares authorized, no shares issued or outstanding
—
—
Common stock, $0.01 par value
Shares authorized: 2005 and 2004 – 800.0
Shares issued: 2005 – 306.1, 2004 – 297.1 3.1 3.0
Additional paid-in capital 2,320.3 2,047.1
Other capital (41.8) (43.2)
Retained earnings 3,193.5 3,420.6
Accumulated other comprehensive income (loss) 32.3 (15.6)
ESOP notes and guarantees (36.1)(52.5)
Treasury shares, at cost, 2005 and 2004 – 6.8 (196.2) (194.1)
Total Stockholders’ Equity 5,275.1 5,165.3
Total Liabilities and Stockholders’ Equity $18,775.0 $16,240.2