Proctor and Gamble 1999 Annual Report Download - page 33

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The Procter & Gamble Company and Subsidiaries
29
The Procter & Gamble Company and Subsidiaries
29
June 30
Amounts in Millions Except Per Share Amounts 1999 1998
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Accounts payable $ 2,300 $ 2,051
Accrued and other liabilities 4,083 3,942
Taxes payable 1,228 976
Debt due within one year 3,150 2,281
Total Current Liabilities 10,761 9,250
Long-Term Debt 6,231 5,765
Deferred Income Taxes 362 428
Other Non-Current Liabilities 2,701 3,287
Total Liabilities 20,055 18,730
Shareholders’ Equity
Convertible Class A preferred stock,
stated value $1 per share
(600 shares authorized) 1,781 1,821
Non-Voting Class B preferred stock,
stated value $1 per share (200 shares
authorized; none issued) ––
Common stock, stated value $1 per share
(5,000 shares authorized; shares outstanding:
1999 –1,319.8 and 1998 – 1,337.4) 1,320 1,337
Additional paid-in capital 1,337 907
Reserve for Employee Stock Ownership Plan debt retirement (1,552) (1,616)
Accumulated other comprehensive income (1,606) (1,357)
Retained earnings 10,778 11,144
Total Shareholders’ Equity 12,058 12,236
Total Liabilities and Shareholders’ Equity $32,113 $30,966