Intel 2008 Annual Report Download - page 64

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Table of Contents
INTEL CORPORATION
CONSOLIDATED BALANCE SHEETS
See accompanying notes.
57
December 27, 2008 and December 29, 2007
(In Millions, Except Par Value)
2008
2007
Assets
Current assets:
Cash and cash equivalents
$
3,350
$
7,307
Short
-
term investments
5,331
5,490
Trading assets
3,162
2,566
Accounts receivable, net of allowance for doubtful accounts of $17 ($27 in 2007)
1,712
2,576
Inventories
3,744
3,370
Deferred tax assets
1,390
1,186
Other current assets
1,182
1,390
Total current assets
19,871
23,885
Property, plant and equipment, net
17,544
16,918
Marketable equity securities
352
987
Other long
-
term investments
2,924
4,398
Goodwill
3,932
3,916
Other long
-
term assets
6,092
5,547
Total assets
$
50,715
$
55,651
Liabilities and stockholders
’
equity
Current liabilities:
Short
-
term debt
$
102
$
142
Accounts payable
2,390
2,361
Accrued compensation and benefits
2,015
2,417
Accrued advertising
807
749
Deferred income on shipments to distributors
463
625
Other accrued liabilities
2,041
2,277
Total current liabilities
7,818
8,571
Long-term income taxes payable
736
785
Deferred tax liabilities
46
411
Long
-
term debt
1,886
1,980
Other long
-
term liabilities
1,141
1,142
Commitments and contingencies (Notes 18 and 24)
Stockholders
’
equity:
Preferred stock, $0.001 par value, 50 shares authorized; none issued
—
—
Common stock, $0.001 par value, 10,000 shares authorized; 5,562 issued and outstanding (5,818 in
2007) and capital in excess of par value
12,944
11,653
Accumulated other comprehensive income (loss)
(393
)
261
Retained earnings
26,537
30,848
Total stockholders
’
equity
39,088
42,762
Total liabilities and stockholders
’
equity
$
50,715
$
55,651