Apple 2011 Annual Report Download - page 46

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CONSOLIDATED BALANCE SHEETS
(In millions, except number of shares which are reflected in thousands)
See accompanying Notes to Consolidated Financial Statements.
44
September 24, 2011
September 25, 2010
ASSETS:
Current assets:
Cash and cash equivalents
$
9,815
$
11,261
Short
-
term marketable securities
16,137
14,359
Accounts receivable, less allowances of $53 and $55, respectively
5,369
5,510
Inventories
776
1,051
Deferred tax assets
2,014
1,636
Vendor non
-
trade receivables
6,348
4,414
Other current assets
4,529
3,447
Total current assets
44,988
41,678
Long
-
term marketable securities
55,618
25,391
Property, plant and equipment, net
7,777
4,768
Goodwill
896
741
Acquired intangible assets, net
3,536
342
Other assets
3,556
2,263
Total assets
$
116,371
$
75,183
LIABILITIES AND SHAREHOLDERS
’
EQUITY:
Current liabilities:
Accounts payable
$
14,632
$
12,015
Accrued expenses
9,247
5,723
Deferred revenue
4,091
2,984
Total current liabilities
27,970
20,722
Deferred revenue
–
non
-
current
1,686
1,139
Other non
-
current liabilities
10,100
5,531
Total liabilities
39,756
27,392
Commitments and contingencies
Shareholders
’
equity:
Common stock, no par value; 1,800,000 shares authorized; 929,277 and
915,970 shares issued and outstanding, respectively
13,331
10,668
Retained earnings
62,841
37,169
Accumulated other comprehensive income/(loss)
443
(46
)
Total shareholders
’
equity
76,615
47,791
Total liabilities and shareholders
’
equity
$
116,371
$
75,183