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Balance Sheet (in millions) 2014 2015 Assets Cash 30 Marketable securities 100 Accounts Receivable 920 Inventory 710 Plant, Building, and Equipment's (net) 872 Investments

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Balance Sheet (in millions) 2014 2015 Assets Cash 30 Marketable securities 100 Accounts Receivable 920 Inventory 710 Plant, Building, and Equipment's (net) 872 Investments in affiliates 0 Total Assets 2632 Liabilities Short-term debts 107 Advances from customers 111 Accounts payable 85 Interest payable 75 Tax payable 127 Other Accrued Expenses 20 Bonds payable 925 2016 10 473 0 150 800 450 1209 30 329 3261 30 134 771 62 128 35 750 Stockholders' Equity Common stock 1021 1055 1175 Additional paid-in capital 74 156 47 Retained earning 87 78 129 Total liabilities and equities 2632 2270 3261 Income Statement(in millions) 2014 2015 2016 Net Sales 3296 3418 3983 Cost of Goods Sold 2115 1979 2510 Selling and General Expenses 700 812 759 Depreciation Expense 160 298 284 Interest Expense 90 109 121 Income Tax Expense 195 137 254 Net Income 36 83 155

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