Apple 2009 Annual Report Download - page 58

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Table of Contents
CONSOLIDATED BALANCE SHEETS
(In millions, except share amounts)
See accompanying Notes to Consolidated Financial Statements.
55
September 26, 2009
September 27, 2008
ASSETS:
Current assets:
Cash and cash equivalents
$
5,263
$
11,875
Short
-
term marketable securities
18,201
10,236
Accounts receivable, less allowances of $52 and $47, respectively
3,361
2,422
Inventories
455
509
Deferred tax assets
2,101
1,447
Other current assets
6,884
5,822
Total current assets
36,265
32,311
Long
-
term marketable securities
10,528
2,379
Property, plant and equipment, net
2,954
2,455
Goodwill
206
207
Acquired intangible assets, net
247
285
Other assets
3,651
1,935
Total assets
$
53,851
$
39,572
LIABILITIES AND SHAREHOLDERS
’
EQUITY:
Current liabilities:
Accounts payable
$
5,601
$
5,520
Accrued expenses
3,376
3,719
Deferred revenue
10,305
4,853
Total current liabilities
19,282
14,092
Deferred revenue
-
non
-
current
4,485
3,029
Other non
-
current liabilities
2,252
1,421
Total liabilities
26,019
18,542
Commitments and contingencies
Shareholders
’
equity:
Common stock, no par value; 1,800,000,000 shares authorized; 899,805,500
and 888,325,973 shares issued and outstanding, respectively
8,210
7,177
Retained earnings
19,538
13,845
Accumulated other comprehensive income
84
8
Total shareholders
’
equity
27,832
21,030
Total liabilities and shareholders
’
equity
$
53,851
$
39,572