Proctor and Gamble 2013 Annual Report Download - page 52

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50 The Procter & Gamble Company
See accompanying Notes to Consolidated Financial Statements.
Consolidated Balance Sheets
Amounts in millions; June 30
Assets 2013 2012
CURRENT ASSETS
Cash and cash equivalents $ 5,947 $ 4,436
Accounts receivable 6,508 6,068
INVENTORIES
Materials and supplies 1,704 1,740
Work in process 722 685
Finished goods 4,483 4,296
Total inventories 6,909 6,721
Deferred income taxes 948 1,001
Prepaid expenses and other current assets 3,678 3,684
TOTAL CURRENT ASSETS 23,990 21,910
PROPERTY, PLANT AND EQUIPMENT, NET 21,666 20,377
GOODWILL 55,188 53,773
TRADEMARKS AND OTHER INTANGIBLE ASSETS, NET 31,572 30,988
OTHER NONCURRENT ASSETS 6,847 5,196
TOTAL ASSETS $ 139,263 $ 132,244
Liabilities and Shareholders' Equity
CURRENT LIABILITIES
Accounts payable $ 8,777 $ 7,920
Accrued and other liabilities 8,828 8,289
Debt due within one year 12,432 8,698
TOTAL CURRENT LIABILITIES 30,037 24,907
LONG-TERM DEBT 19,111 21,080
DEFERRED INCOME TAXES 10,827 10,132
OTHER NONCURRENT LIABILITIES 10,579 12,090
TOTAL LIABILITIES 70,554 68,209
SHAREHOLDERS' EQUITY
Convertible Class A preferred stock, stated value $1 per share (600 shares authorized) 1,137 1,195
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: 2013 - 4,009.2, 2012-
4,008.4) 4,009 4,008
Additional paid-in capital 63,538 63,181
Reserve for ESOP debt retirement (1,352) (1,357)
Accumulated other comprehensive income/(loss) (7,499) (9,333)
Treasury stock, at cost (shares held: 2013 - 1,266.9, 2012 - 1,260.4) (71,966) (69,604)
Retained earnings 80,197 75,349
Noncontrolling interest 645 596
TOTAL SHAREHOLDERS' EQUITY 68,709 64,035
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 139,263 $ 132,244