Apple 2001 Annual Report Download - page 42

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Property, Plant, and Equipment
(in millions)
Accrued Expenses
(in millions)
Interest and Other Income, Net
(in millions)
54
Note 4—Acquisitions
Goodwill and Other Acquisition-Related Intangibles
Company amortizes goodwill and other acquired intangibles on a straight-line basis over the periods indicated below. The following table
summarizes net goodwill and other acquisition related-intangibles (in millions):
2001
2000
Land and buildings $
337
$
324
Machinery and equipment
182
185
Office furniture and equipment
63
60
Internal-use software
156
106
Leasehold improvements
186
131
924
806
Accumulated depreciation and amortization
(360
)
(387
)
Net property, plant, and equipment
$
564
$
419
2001
2000
Accrued compensation and employee benefits $
88
$
176
Accrued marketing and distribution
131
149
Deferred revenue
184
105
Accrued warranty and related costs
87
108
Other current liabilities
227
238
Total accrued expenses $
717
$
776
2001
2000
1999
Interest income
$
218
$
210
$
144
Interest expense
(16
)
(21
)
(47
)
Foreign currency gain (loss)
15
1
(4
)
Net premiums and discounts on foreign exchange instruments
(8
)
7
(4
)
Other income (expense), net
8
6
(2
)
$
217
$
203
$
87
Life in
Years
2001
2000
Goodwill
3 to 8
$
65
$
30
Acquired technology
2 to 3
9
2
Other identifiable intangibles
2 to 3
2
3