Apple 2004 Annual Report Download - page 84

Download and view the complete annual report

Please find page 84 of the 2004 Apple annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 132

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132

Property, Plant, and Equipment
Other Assets
Accrued Expenses
Interest and Other Income, Net
80
2004
2003
Land and buildings
$
351
$
350
Machinery, equipment, and internal
-
use software
422
393
Office furniture and equipment
79
74
Leasehold improvements
446
357
1,298
1,174
Accumulated depreciation and amortization
(591
)
(505
)
Net property, plant, and equipment
$
707
$
669
2004
2003
Non
-
current deferred tax assets
$
86
$
60
Capitalized software development costs, net
25
28
Other assets
80
62
Total other assets
$
191
$
150
2004
2003
Deferred revenue
$
544
$
368
Accrued marketing and distribution
147
124
Accrued compensation and employee benefits
134
101
Accrued warranty and related costs
105
67
Other current liabilities
299
239
Total accrued expenses
$
1,229
$
899
2004
2003
2002
Interest income
$
64
$
69
$
118
Interest expense
(3
)
(8
)
(11
)
Gains on sales of short term investments
1
21
7
Other income (expense), net
(9
)
(5
)
(2
)
Gain on forward purchase agreement
—
6
—
Total interest and other income, net
$
53
$
83
$
112