Issue link: http://catalog.e-digitaleditions.com/i/275023
21 Dollar amounts in millions except per share amounts or as otherwise specified Stryker Corporation and Subsidiaries CONSOLIDATED BALANCE SHEETS December 31 2013 2012 ASSETS Current assets Cash and cash equivalents $ 1,339 $ 1,395 Marketable securities 2,641 2,890 Accounts receivable, less allowance of $72 ($58 in 2012) 1,518 1,430 Inventories Materials and supplies 227 202 Work in process 85 71 Finished goods 1,110 992 Total inventories 1,422 1,265 Deferred income taxes 880 811 Prepaid expenses and other current assets 535 357 Total current assets 8,335 8,148 Property, plant and equipment Land, buildings and improvements 686 625 Machinery and equipment 1,811 1,607 Total property, plant and equipment 2,497 2,232 Less allowance for depreciation 1,416 1,284 Net property, plant and equipment 1,081 948 Other assets Goodwill 3,844 2,142 Other intangibles, net 1,989 1,424 Other 494 544 Total assets $ 15,743 $ 13,206 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable 314 288 Accrued compensation 535 467 Income taxes 131 70 Dividend payable 115 101 Accrued expenses and other liabilities 1,537 934 Current maturities of debt 25 16 Total current liabilities 2,657 1,876 Long-term debt, excluding current maturities 2,739 1,746 Other liabilities 1,300 987 Shareholders' equity Common stock, $0.10 par value: Authorized: 1 billion shares, outstanding: 378 million shares (380 million in 2012) 38 38 Additional paid-in capital 1,160 1,098 Retained earnings 7,617 7,332 Accumulated other comprehensive income 232 129 Total shareholders' equity 9,047 8,597 Total liabilities & shareholders' equity $ 15,743 $ 13,206 See accompanying notes to Consolidated Financial Statements.