Chapter 12
Using Accounting Information
351
the Procter & gamble company
consolidated Balance sheet
amounts in millions; June 28, 2014
2014
assets
current assets
Cash and cash equivalents
$8,558
Available-for-sale investment securities
2,128
Accounts receivable
6,386
inVentories
Materials and supplies
1,742
Work in process
684
Finished goods
4,333
Total inventories
6,759
Deferred income taxes
1,092
Prepaid expenses and other current assets
3,845
Assets held for sale
2,849
total current assets
31,617
net ProPertY, Plant anD eQuiPment
22,304
gooDWill
53,704
traDemarKs anD otHer intangiBle assets, net
30,843
otHer noncurrent assets
5,798
total assets
$144,266
liaBilities anD sHareHolDers’ eQuitY
current liaBilities
Accounts payable
$8,461
Accrued and other liabilities
8,999
Liabilities held for sale
660
Debt due within one year
15,606
total current liaBilities
33,726
long-term DeBt
19,811
DeferreD income taXes
10,218
otHer noncurrent liaBilities
10,535
total liaBilities
74,290
sHareHolDers’ eQuitY
Convertible Class A preferred stock, stated value $1 per share (600 shares authorized)
1,111
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
2014—4009.2, 2013—4,009.2
4,009
Additional paid-in capital
63,911
reserve for eSOP debt retirement
(1,340)
Accumulated other comprehensive income (loss)
(7,662)
Treasury stock, at cost (shares held: 2014—1,298.4, 2013—1,266.9)
(75,805)
retained earnings
84,990
Non-controlling interest
762
total sHareHolDers’ eQuitY
69,976
total liaBilities anD sHareHolDers’ eQuitY
$144,266
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FIgUre 12.1
