CALCULATE APPLE'S EARNING PER SHARE RATION (EPS) USING THE FOLLOWING INFORMATION
CONSOLIDATED BALANCE SHEETS (In millions, except number of shares which are reflected in thousands and par value) September 26, 2015 September 27 2014 $ 21.120 20,481 16,849 2,349 5,546 13,494 9.539 89,378 164,065 22,471 5,116 13,844 11,233 17,460 2,111 4,318 9,759 9,806 68,531 130,162 20,624 4,616 4.142 3,764 231.839 3,893 5.556 $ 290,479 $ ASSETS: Current assets: Cash and cash equivalents Short-term marketable securities Accounts receivable, less allowances of $82 and $86, respectively Inventories Deferred tax assets Vendor non-trade receivables Other current assets Total current assets Long-term marketable securities Property, plant and equipment, n t, net Goodwill Acquired intangible assets, net Other assets Total assets LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities: Accounts payable Accrued expenses Deferred revenue Commercial paper Current portion of long-term debt Total current liabilities Deferred revenue, non-current Long-term debt Other non-current liabilities Total liabilities Commitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 12,600,000 shares authorized: 5,578,753 and 5,866,161 shares issued and outstanding, respectively Retained earnings Accumulated other comprehensive income Total shareholders' equity Total liabilities and shareholders' equity $ 35,490 25,181 8.940 8,499 2,500 80,610 3,624 53,463 30, 196 18,453 8,491 6,308 0 63,448 3,031 28,987 24.826 120,292 33,427 171,124 27,416 92,284 (345) 23,313 87,152 1,082 111,547 231.839 119,355 290,479 $ $ CONSOLIDATED STATEMENTS OF CASH FLOWS (in Millions) Years ended September 26, September 27, September 28, 2015 2014 2013 $ 13,844 $ 14.259 $ 10.746 53,394 39,510 37.037 11,257 3,586 1.382 7.946 2,863 2,347 6.757 2.253 1.141 611 (238) (3.735) (179) 5,400 1,042 8,746 81,266 (4.232) (76) (2.220) 167 5,938 1,460 6.010 59.713 (2.172) (973) 223 1,080 2,340 1,459 4,521 53,666 Cash and cash equivalents, beginning of the year Operating activities: Net income Adjustments to reconcile net income to cash generated by operating activities: Depreciation and amortization Share-based compensation expense Deferred income tax expense Changes in operating assets and liabilities: Accounts receivable, net Inventories Vendor non-trade receivables Other current and non-current assets Accounts payable Deferred revenue Other current and non-current liabilities Cash generated by operating activities Investing activities: Purchases of marketable securities Proceeds from maturities of marketable securities Proceeds from sales of marketable securities Payments made in connection with business acquisitions, net Payments for acquisition of property, plant and equipment Payments for acquisition of intangible assets Other Cash used in investing activities Financing activities: Proceeds from issuance of common stock Excess tax benefits from equity awards Taxes paid related to net share settlement of equity awards Dividends and dividend equivalents paid Repurchase of common stock Proceeds from issuance of term debt, net Change in commercial paper, net Cash used in financing activities Increase/(decrease) in cash and cash equivalents Cash and cash equivalents, end of the year Supplemental cash flow disclosure: Cash paid for income taxes, net Cash paid for interest (166,402) 14,538 107,447 (343) (11,247) (241) (26) (56,274) (217.128) 18,810 189,301 (3.765) (9.571) (242) 16 (22.579) (148,489) 20.317 104,130 (496) (8,165) (911) (160) (33.774) 543 749 (1,499) (11,561) (35,253) 27.114 2.191 (17,716) 7,276 21,120 $ 730 739 (1.158 (11,126) (45,000) 11.960 6,306 (37.549) (415) 13.844 $ 530 701 (1.082) (10,564) (22,860) 16.896 (16,379 3,513 14.259 $ $ $ 13,252 $ 514 $ 10,026 $ 339 $ 9,128 0 See accompanying Notes to Consolidated Financial Statements. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In milions, except number of shares which are reflected in thousands) Common Stock and Accumulated Additional Paid-In Capital Other Total Retained Comprehensive Shareholders' Shares Amount Earnings Income/(Loss) Equity 6,574,458 $ 16,422 $ 101.289 $ 499 $ 118,210 0 0 37,037 0 37.037 0 0 0 (970) (970) 0 0 (10,676) 0 (10,676) (328,837) 0 (22,950) 0 (22,950) 0 2.253 0 0 2.253 48.873 (143) (444) 0 (587) 0 1,232 0 0 19.764 6.294,494 0 (471) 0 0 od 104,256 39,510 0 (11,215) (45,000) 0 1,553 0 Balances as of September 29, 2012 Net income Other comprehensive income/(loss) Dividends and dividend equivalents declared Repurchase of common stock Share-based compensation Common stock issued, net of shares withheld for employee taxes Tax benefit from equity awards, including transfer pricing adjustments Balances as of September 28, 2013 Net income Other comprehensive income/loss) Dividends and dividend equivalents declared Repurchase of common stock Share-based compensation Common stock issued, net of shares withheld for employee taxes Tax benefit from equity awards, including transfer pricing adjustments Balances as of September 27, 2014 Net income Other comprehensive income/loss) Dividends and dividend equivalents declared Repurchase of common stock Share-based compensation Common stock issued, net of shares withheld for employee taxes Tax benefit from equity awards, including transfer pricing adjustments Balances as of September 26, 2015 1.232 123,549 39,510 1.553 (11,215) (45,000) 2,863 0 0 (488,677) 0 2,863 0 60.344 (49) (399) 0 (448) 735 0 0 23,313 87,152 1,082 5,866,161 0 0 0 0 o o (1.427) 0 735 111,547 53,394 (1,427) (11,627) (36,026) 3,586 53,394 0 (11,627) (36,026) 0 0 0 0 0 (325,032) O 3,586 0 37.624 (231) (609) 0 (840) 0 748 0 0 748 5,578,753 $ 27,416 $ 92,284 $ (345) $ 119,355 See accompanying Notes to Consolidated Financial Statements
