McDonalds 2009 Annual Report Download - page 31

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Consolidated Balance Sheet
In millions, except per share data December 31, 2009 2008
ASSETS
Current assets
Cash and equivalents $ 1,796.0 $ 2,063.4
Accounts and notes receivable 1,060.4 931.2
Inventories, at cost, not in excess of market 106.2 111.5
Prepaid expenses and other current assets 453.7 411.5
Total current assets 3,416.3 3,517.6
Other assets
Investments in and advances to affiliates 1,212.7 1,222.3
Goodwill 2,425.2 2,237.4
Miscellaneous 1,639.2 1,229.7
Total other assets 5,277.1 4,689.4
Property and equipment
Property and equipment, at cost 33,440.5 31,152.4
Accumulated depreciation and amortization (11,909.0) (10,897.9)
Net property and equipment 21,531.5 20,254.5
Total assets $ 30,224.9 $ 28,461.5
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable $ 636.0 $ 620.4
Income taxes 202.4
Other taxes 277.4 252.7
Accrued interest 195.8 173.8
Accrued payroll and other liabilities 1,659.0 1,459.2
Current maturities of long-term debt 18.1 31.8
Total current liabilities 2,988.7 2,537.9
Long-term debt 10,560.3 10,186.0
Other long-term liabilities 1,363.1 1,410.1
Deferred income taxes 1,278.9 944.9
Shareholders’ equity
Preferred stock, no par value; authorized – 165.0 million shares; issued – none
Common stock, $.01 par value; authorized – 3.5 billion shares; issued – 1,660.6 million shares 16.6 16.6
Additional paid-in capital 4,853.9 4,600.2
Retained earnings 31,270.8 28,953.9
Accumulated other comprehensive income 747.4 101.3
Common stock in treasury, at cost; 583.9 and 545.3 million shares (22,854.8) (20,289.4)
Total shareholders’ equity 14,033.9 13,382.6
Total liabilities and shareholders’ equity $ 30,224.9 $ 28,461.5
See Notes to consolidated financial statements.
McDonald’s Corporation Annual Report 2009 29