McDonalds 2010 Annual Report Download - page 29

Consolidated Balance Sheet
In millions, except per share data December 31, 2010 2009
ASSETS
Current assets
Cash and equivalents $ 2,387.0 $ 1,796.0
Accounts and notes receivable 1,179.1 1,060.4
Inventories, at cost, not in excess of market 109.9 106.2
Prepaid expenses and other current assets 692.5 453.7
Total current assets 4,368.5 3,416.3
Other assets
Investments in and advances to affiliates 1,335.3 1,212.7
Goodwill 2,586.1 2,425.2
Miscellaneous 1,624.7 1,639.2
Total other assets 5,546.1 5,277.1
Property and equipment
Property and equipment, at cost 34,482.4 33,440.5
Accumulated depreciation and amortization (12,421.8) (11,909.0)
Net property and equipment 22,060.6 21,531.5
Total assets $ 31,975.2 $ 30,224.9
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable $ 943.9 $ 636.0
Income taxes 111.3 202.4
Other taxes 275.6 277.4
Accrued interest 200.7 195.8
Accrued payroll and other liabilities 1,384.9 1,659.0
Current maturities of long-term debt 8.3 18.1
Total current liabilities 2,924.7 2,988.7
Long-term debt 11,497.0 10,560.3
Other long-term liabilities 1,586.9 1,363.1
Deferred income taxes 1,332.4 1,278.9
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 5,196.4 4,853.9
Retained earnings 33,811.7 31,270.8
Accumulated other comprehensive income 752.9 747.4
Common stock in treasury, at cost; 607.0 and 583.9 million shares (25,143.4) (22,854.8)
Total shareholders’ equity 14,634.2 14,033.9
Total liabilities and shareholders’ equity $ 31,975.2 $ 30,224.9
See Notes to consolidated financial statements.
McDonald’s Corporation Annual Report 2010 27