Proctor and Gamble 2012 Annual Report Download - page 52
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Please find page 52 of the 2012 Proctor and Gamble annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.50 The Procter & Gamble Company
See accompanying Notes to Consolidated Financial Statements.
Consolidated Balance Sheets
Amounts in millions; June 30
Assets 2012 2011
CURRENT ASSETS
Cash and cash equivalents $ 4,436 $ 2,768
Accounts receivable 6,068 6,275
INVENTORIES
Materials and supplies 1,740 2,153
Work in process 685 717
Finished goods 4,296 4,509
Total inventories 6,721 7,379
Deferred income taxes 1,001 1,140
Prepaid expenses and other current assets 3,684 4,408
TOTAL CURRENT ASSETS 21,910 21,970
PROPERTY, PLANT AND EQUIPMENT
Buildings 7,324 7,753
Machinery and equipment 32,029 32,820
Land 880 934
Total property, plant and equipment 40,233 41,507
Accumulated depreciation (19,856) (20,214)
NET PROPERTY, PLANT AND EQUIPMENT 20,377 21,293
GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill 53,773 57,562
Trademarks and other intangible assets, net 30,988 32,620
NET GOODWILL AND OTHER INTANGIBLE ASSETS 84,761 90,182
OTHER NONCURRENT ASSETS 5,196 4,909
TOTAL ASSETS $ 132,244 $ 138,354
Liabilities and Shareholders' Equity 2012 2011
CURRENT LIABILITIES
Accounts payable $ 7,920 $ 8,022
Accrued and other liabilities 8,289 9,290
Debt due within one year 8,698 9,981
TOTAL CURRENT LIABILITIES 24,907 27,293
LONG-TERM DEBT 21,080 22,033
DEFERRED INCOME TAXES 10,132 11,070
OTHER NONCURRENT LIABILITIES 12,090 9,957
TOTAL LIABILITIES 68,209 70,353
SHAREHOLDERS' EQUITY
Convertible Class A preferred stock, stated value $1 per share (600 shares authorized) 1,195 1,234
Non-Voting Class B preferred stock, stated value $1 per share (200 shares authorized) ——
Common stock, stated value $1 per share (10,000 shares authorized; shares issued: 2012 - 4,008.4, 2011 - 4,007.9) 4,008 4,008
Additional paid-in capital 63,181 62,405
Reserve for ESOP debt retirement (1,357) (1,357)
Accumulated other comprehensive income/(loss) (9,333) (2,054)
Treasury stock, at cost (shares held: 2012 - 1,260.4, 2011 - 1,242.2) (69,604) (67,278)
Retained earnings 75,349 70,682
Noncontrolling interest 596 361
TOTAL SHAREHOLDERS' EQUITY 64,035 68,001
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 132,244 $ 138,354