Apple 2015 Annual Report Download - page 43

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CONSOLIDATED BALANCE SHEETS
(In millions, except number of shares which are reflected in thousands and par value)
September 26,
2015 September 27,
2014
ASSETS:
Current assets:
Cash and cash equivalents $ 21,120 $ 13,844
Short-term marketable securities 20,481 11,233
Accounts receivable, less allowances of $82 and $86, respectively 16,849 17,460
Inventories 2,349 2,111
Deferred tax assets 5,546 4,318
Vendor non-trade receivables 13,494 9,759
Other current assets 9,539 9,806
Total current assets 89,378 68,531
Long-term marketable securities 164,065 130,162
Property, plant and equipment, net 22,471 20,624
Goodwill 5,116 4,616
Acquired intangible assets, net 3,893 4,142
Other assets 5,556 3,764
Total assets $ 290,479 $ 231,839
LIABILITIES AND SHAREHOLDERS’ EQUITY:
Current liabilities:
Accounts payable $ 35,490 $ 30,196
Accrued expenses 25,181 18,453
Deferred revenue 8,940 8,491
Commercial paper 8,499 6,308
Current portion of long-term debt 2,500 0
Total current liabilities 80,610 63,448
Deferred revenue, non-current 3,624 3,031
Long-term debt 53,463 28,987
Other non-current liabilities 33,427 24,826
Total liabilities 171,124 120,292
Commitments and contingencies
Shareholders’ equity:
Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized;
5,578,753 and 5,866,161 shares issued and outstanding, respectively 27,416 23,313
Retained earnings 92,284 87,152
Accumulated other comprehensive income (345) 1,082
Total shareholders’ equity 119,355 111,547
Total liabilities and shareholders’ equity $ 290,479 $ 231,839
See accompanying Notes to Consolidated Financial Statements.
Apple Inc. | 2015 Form 10-K | 41