Qualcomm 2004 Annual Report Download - page 57

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QUALCOMM 53
September 30,
(In millions, except per share data) 2004 2003
ASSETS
Current assets:
Cash and cash equivalents $ 1,214 $2,045
Marketable securities 4,768 2,516
Accounts receivable, net 581 484
Inventories 154 110
Deferred tax assets 409 612
Other current assets 101 182
Total current assets 7,227 5,949
Marketable securities 1,653 811
Property, plant and equipment, net 675 622
Goodwill 356 346
Deferred tax assets 493 407
Other assets 416 687
Total assets $10,820 $8,822
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Trade accounts payable $ 286 $ 195
Payroll and other benefits related liabilities 194 141
Unearned revenue 172 174
Current portion of long-term debt (Note 11) — 103
Other current liabilities 242 195
Total current liabilities 894 808
Unearned revenue 170 237
Long-termdebt (Note 11) — 123
Other liabilities 92 56
Total liabilities 1,156 1,224
Commitments and contingencies (Notes 3, 4 and 9)
Stockholders’ equity:
Preferred stock, $0.0001 par value; issuable in series; 8 shares authorized; none outstanding
at September 30, 2004 and 2003 ——
Common stock, $0.0001 par value; 3,000 shares authorized; 1,635 and 1,597 shares issued
and outstanding at September 30, 2004 and 2003 ——
Paid-in capital 6,940 6,325
Retained earnings 2,709 1,297
Accumulated other comprehensive income (loss) 15 (24)
Total stockholders’ equity 9,664 7,598
Total liabilities and stockholders’ equity $10,820 $8,822
See accompanying notes.
Consolidated Balance Sheets