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Starbucks Corporation 2014 Form 10-K 47
STARBUCKS CORPORATION
CONSOLIDATED BALANCE SHEETS
(in millions, except per share data)
Sep 28,
2014 Sep 29,
2013
ASSETS
Current assets:
Cash and cash equivalents $ 1,708.4 $ 2,575.7
Short-term investments 135.4 658.1
Accounts receivable, net 631.0 561.4
Inventories 1,090.9 1,111.2
Prepaid expenses and other current assets 285.6 287.7
Deferred income taxes, net 317.4 277.3
Total current assets 4,168.7 5,471.4
Long-term investments 318.4 58.3
Equity and cost investments 514.9 496.5
Property, plant and equipment, net 3,519.0 3,200.5
Deferred income taxes, net 903.3 967.0
Other assets 198.9 185.3
Other intangible assets 273.5 274.8
Goodwill 856.2 862.9
TOTAL ASSETS $ 10,752.9 $ 11,516.7
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable $ 533.7 $ 491.7
Accrued litigation charge — 2,784.1
Accrued liabilities 1,514.4 1,269.3
Insurance reserves 196.1 178.5
Deferred revenue 794.5 653.7
Total current liabilities 3,038.7 5,377.3
Long-term debt 2,048.3 1,299.4
Other long-term liabilities 392.2 357.7
Total liabilities 5,479.2 7,034.4
Shareholders’ equity:
Common stock ($0.001 par value) — authorized, 1,200.0 shares; issued and
outstanding, 749.5 and 753.2 shares, respectively 0.7 0.8
Additional paid-in capital 39.4 282.1
Retained earnings 5,206.6 4,130.3
Accumulated other comprehensive income 25.3 67.0
Total shareholders’ equity 5,272.0 4,480.2
Noncontrolling interest 1.7 2.1
Total equity 5,273.7 4,482.3
TOTAL LIABILITIES AND EQUITY $ 10,752.9 $ 11,516.7
See Notes to Consolidated Financial Statements.