McDonalds 2011 Annual Report Download - page 28

Consolidated Balance Sheet
In millions, except per share data December 31, 2011 2010
ASSETS
Current assets
Cash and equivalents $ 2,335.7 $ 2,387.0
Accounts and notes receivable 1,334.7 1,179.1
Inventories, at cost, not in excess of market 116.8 109.9
Prepaid expenses and other current assets 615.8 692.5
Total current assets 4,403.0 4,368.5
Other assets
Investments in and advances to affiliates 1,427.0 1,335.3
Goodwill 2,653.2 2,586.1
Miscellaneous 1,672.2 1,624.7
Total other assets 5,752.4 5,546.1
Property and equipment
Property and equipment, at cost 35,737.6 34,482.4
Accumulated depreciation and amortization (12,903.1) (12,421.8)
Net property and equipment 22,834.5 22,060.6
Total assets $ 32,989.9 $ 31,975.2
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable $ 961.3 $ 943.9
Income taxes 262.2 111.3
Other taxes 338.1 275.6
Accrued interest 218.2 200.7
Accrued payroll and other liabilities 1,362.8 1,384.9
Current maturities of long-term debt 366.6 8.3
Total current liabilities 3,509.2 2,924.7
Long-term debt 12,133.8 11,497.0
Other long-term liabilities 1,612.6 1,586.9
Deferred income taxes 1,344.1 1,332.4
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 5,487.3 5,196.4
Retained earnings 36,707.5 33,811.7
Accumulated other comprehensive income 449.7 752.9
Common stock in treasury, at cost; 639.2 and 607.0 million shares (28,270.9) (25,143.4)
Total shareholders’ equity 14,390.2 14,634.2
Total liabilities and shareholders’ equity $ 32,989.9 $ 31,975.2
See Notes to consolidated financial statements.
26 McDonald’s Corporation Annual Report 2011