A comparative balance sheet and income statement for Eaton Company follow: Eaton Company Comparative Balance Sheet December 31, 2011 and 2010 2011 2010 Assets Cash 4 11 Accounts receivable 310 230 Inventory 160 195 Prepaid expenses Total current assets 482 442 Property, plant, and equipment 500 420 Less accumulated depreciation 85 70 Net property, plant, and equipment 415 350 Long-term investments 31 38 Total assets $928 $830 Liabilities and Stockholders' equity $300 $225 Accounts payable Accrued liabilities 70 80 Income taxes payable 71 63 368 Total current liabilities 441 195 170 Bonds payable 636 538 Total liabilities 160 200 Common stock 132 92 Retained earnings Total stockholders' equity 292 292 928 $830 Total liabilities and stockholders' equity