Apple 2000 Annual Report Download - page 50

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
NOTE 3--CONSOLIDATED FINANCIAL STATEMENT DETAILS (IN MILLIONS)
INVENTORIES
PROPERTY, PLANT, AND EQUIPMENT
ACCRUED EXPENSES
INTEREST AND OTHER INCOME, NET
47
2000 1999
-------- --------
Purchased parts............................................. $ 1 $ 4
Work in process............................................. 2 3
Finished goods.............................................. 30 13
--- ---
Total inventories........................................... $33 $20
=== ===
2000 1999
-------- --------
Land and buildings.......................................... $ 324 $ 323
Machinery and equipment..................................... 185 220
Office furniture and equipment.............................. 60 61
Leasehold improvements...................................... 131 125
----- -----
700 729
Accumulated depreciation and amortization................... (387) (411)
----- -----
Net property, plant, and equipment.......................... $ 313 $ 318
===== =====
2000 1999
-------- --------
Accrued compensation and employee benefits.................. $176 $ 84
Accrued marketing and distribution.......................... 149 170
Accrued warranty and related costs.......................... 108 105
Other current liabilities................................... 343 378
---- ----
Total accrued expenses...................................... $776 $737
==== ====
2000 1999 1998
-------- -------- --------
Interest income......................................... $210 $144 $100
Interest expense........................................ (21) (47) (62)
Foreign currency gain (loss)............................ 1 (4) (2)
Net premiums and discounts on foreign exchange
instruments........................................... 7 (4) (1)
Other income (expense), net............................. 6 (2) (7)
---- ---- ----
$203 $ 87 $ 28
==== ==== ====