Sunoco 2005 Annual Report Download - page 46

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Consolidated Balance Sheets Sunoco, Inc. and Subsidiaries
(Millions of Dollars)
At December 31 2005 2004
Assets
Current Assets
Cash and cash equivalents $ 919 $ 405
Accounts and notes receivable, net 1,754 1,271
Inventories (Note 6) 799 765
Deferred income taxes (Note 4) 215 110
Total Current Assets 3,687 2,551
Investments and long-term receivables (Note 7) 143 115
Properties, plants and equipment, net (Note 8) 5,658 4,966
Prepaid retirement costs (Note 9) 12 11
Deferred charges and other assets (Note 2) 431 436
Total Assets $ 9,931 $ 8,079
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable $ 3,014 $ 2,109
Accrued liabilities 681 461
Short-term borrowings (Note 10) —100
Current portion of long-term debt (Note 11) 177 3
Taxes payable 338 349
Total Current Liabilities 4,210 3,022
Long-term debt (Note 11) 1,234 1,379
Retirement benefit liabilities (Note 9) 563 539
Deferred income taxes (Note 4) 817 755
Other deferred credits and liabilities (Note 12) 409 247
Commitments and contingent liabilities (Note 12)
Minority interests (Note 13) 647 530
Shareholders’ Equity (Notes 14 and 15)
Common stock, par value $1 per share
Authorized—400,000,000 shares;
Issued, 2005—279,988,625 shares;
Issued, 2004—278,248,876 shares 280 278
Capital in excess of par value 1,587 1,517
Earnings employed in the business 3,766 2,895
Accumulated other comprehensive loss (192) (164)
Common stock held in treasury, at cost
2005—146,838,655 shares;
2004—139,593,196 shares (3,390) (2,919)
Total Shareholders’ Equity 2,051 1,607
Total Liabilities and Shareholders’ Equity $ 9,931 $ 8,079
(See Accompanying Notes)
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