Medco 2014 Annual Report Download - page 56

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Express Scripts 2014 Annual Report
54
EXPRESS SCRIPTS HOLDING COMPANY
CONSOLIDATED BALANCE SHEET
December 31,
(in millions) 2014 2013
Assets
Currentassets:
Cashandcashequivalents $1,832.6 $1,991.4
Restrictedcashandinvestments 9.1 22.8
Receivables,net 5,979.8 4,022.9
Inventories 2,113.2 1,871.1
Deferredtaxes 390.8 455.4
Prepaidexpensesandothercurrentassets 242.6 96.8
Currentassetsofdiscontinuedoperations — 31.0
Totalcurrentassets 10,568.1 8,491.4
Propertyandequipment,net 1,584.0 1,658.9
Goodwill 29,280.9 29,305.4
Otherintangibleassets,net 12,255.2 14,015.6
Otherassets 110.7 76.9
Totalassets $53,798.9 $53,548.2
Liabilitiesandstockholders’equity
Currentliabilities:
Claimsandrebatespayable $8,488.2 $6,767.8
Accountspayable 3,137.3 2,900.0
Accruedexpenses 2,836.1 1,982.2
Currentmaturitiesoflong-termdebt 2,555.3 1,584.0
Currentliabilitiesofdiscontinuedoperations — 1.3
Totalcurrentliabilities 17,016.9 13,235.3
Long-termdebt 11,012.7 12,363.0
Deferredtaxes 4,923.2 5,440.6
Otherliabilities 782.1 664.4
Noncurrentliabilitiesofdiscontinuedoperations — 0.1
Totalliabilities 33,734.9 31,703.4
Commitmentsandcontingencies(Note12)
Stockholders’equity:
Preferredstock,15.0sharesauthorized,$0.01parvaluepershare;andnosharesissued
andoutstanding — —
Commonstock,2,985.0sharesauthorized,$0.01parvaluepershare;sharesissued:848.6
and834.0,respectively;sharesoutstanding:726.1and773.6,respectively 8.5 8.3
Additionalpaid-incapital 22,671.4 21,809.9
Accumulatedothercomprehensiveincome 2.1 11.7
Retainedearnings 5,920.4 3,912.8
28,602.4 25,742.7
Commonstockintreasuryatcost,122.5and60.4shares,respectively (8,548.2)(3,905.3)
TotalExpressScriptsstockholders’equity 20,054.2 21,837.4
Non-controllinginterest 9.8 7.4
Totalstockholders’equity 20,064.0 21,844.8
Totalliabilitiesandstockholders’equity $53,798.9 $53,548.2
See accompanying Notes to Consolidated Financial Statements
50