KMBSolution9 - Kimberly-Clark Corporation(KMB Solution to...

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Kimberly-Clark Corporation (KMB) Solution to Continuing Case, Chapter 9 REFORMULATED BALANCE SHEET (The 2002 balance sheet was obtained from the 2003 10-K.) KIMBERLY-CLARK CORPORATION Reformulated Balance Sheets (in millions) 2004 2003 2002 Net Operating Assets Operating Assets Cash and cash equivalents (1) $ 20.0 $ 20.0 $ 20.0 Accounts receivable, net 2,038.3 1,955.1 2,005.9 Inventories 1,670.9 1,563.4 1,430.1 Deferred income taxes 278.2 281.4 191.3 Land 279.6 276.5 266.0 Buildings 2,437.9 2,272.4 2,042.9 Machinery and equipment 11,770.6 12,061.7 10,812.5 Construction in progress 335.0 568.9 442.6 Accumulated depreciation (6,832.6) (6,916.1) (5,944.6) Investments in Equity Companies (3) 444.4 427.7 571.2 Goodwill 2,702.9 2,649.1 2,254.9 Other current assets (2) 380.5 347.6 205.9 Other Assets (2) 918.3 1,001.6 866.4 Unearned compensation 22.3 27.1 25.2 Operating Assets 16,466.3 16,536.4 15,190.3
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Operating Liabilities Trade accounts payable 983.2 857.9 844.5 Other payables (2) 265.5 283.5 277.5 Accrued expenses 1,431.6 1,374.7 1,325.2 Accrued income taxes 448.0 367.2 404.3 Deferred Income Taxes 840.3 880.6 854.2 Noncurrent Employee Benefit and Other Obligations (2)
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KMBSolution9 - Kimberly-Clark Corporation(KMB Solution to...

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