Starbucks 2012 Annual Report Download - page 57

Download and view the complete annual report

Please find page 57 of the 2012 Starbucks 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.

Page out of 110

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110

51
STARBUCKS CORPORATION
CONSOLIDATED BALANCE SHEETS
(in millions, except per share data)
Sep 30,
2012
Oct 2,
2011
ASSETS
Current assets:
Cash and cash equivalents $ 1,188.6 $ 1,148.1
Short-term investments 848.4 902.6
Accounts receivable, net 485.9 386.5
Inventories 1,241.5 965.8
Prepaid expenses and other current assets 196.5 161.5
Deferred income taxes, net 238.7 230.4
Total current assets 4,199.6 3,794.9
Long-term investments — available-for-sale securities 116.0 107.0
Equity and cost investments 459.9 372.3
Property, plant and equipment, net 2,658.9 2,355.0
Other assets 385.7 409.6
Goodwill 399.1 321.6
TOTAL ASSETS $ 8,219.2 $ 7,360.4
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable $ 398.1 $ 540.0
Accrued liabilities 1,133.8 940.9
Insurance reserves 167.7 145.6
Deferred revenue 510.2 449.3
Total current liabilities 2,209.8 2,075.8
Long-term debt 549.6 549.5
Other long-term liabilities 345.3 347.8
Total liabilities 3,104.7 2,973.1
Shareholders’ equity:
Common stock ($0.001 par value) — authorized, 1,200.0 shares; issued
and outstanding, 749.3 and 744.8 shares, respectively (includes 3.4
common stock units in both periods) 0.7 0.7
Additional paid-in capital 39.4 40.5
Retained earnings 5,046.2 4,297.4
Accumulated other comprehensive income 22.7 46.3
Total shareholders’ equity 5,109.0 4,384.9
Noncontrolling interests 5.5 2.4
Total equity 5,114.5 4,387.3
TOTAL LIABILITIES AND EQUITY $ 8,219.2 $ 7,360.4
See Notes to Consolidated Financial Statements.