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CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands Dec. 31, 2018 Dec. 31, 2017 CURRENT ASSETS Cash and cash equivalents ($391,635 and $516,046 related
CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
---|---|---|
CURRENT ASSETS | ||
Cash and cash equivalents ($391,635 and $516,046 related to variable interest entities (VIEs)) | $ 1,764,746 | $ 1,804,075 |
Marketable securities, current ($202,481 and $91,295 related to VIEs) | 214,828 | 161,134 |
Accounts and notes receivable, net ($214,339 and $327,652 related to VIEs) | 1,534,339 | 1,602,751 |
Contract assets ($350,814 and $132,500 related to VIEs) | 1,544,981 | 1,458,533 |
Other current assets ($15,660 and $9,229 related to VIEs) | 381,999 | 574,764 |
Total current assets | 5,440,893 | 5,601,257 |
PROPERTY, PLANT AND EQUIPMENT | ||
Land | 81,566 | 82,794 |
Buildings and improvements | 508,120 | 493,704 |
Machinery and equipment | 1,437,540 | 1,501,452 |
Furniture and fixtures | 154,237 | 155,423 |
Construction in progress | 53,071 | 62,237 |
Gross property, plant and equipment | 2,234,534 | 2,295,610 |
Less accumulated depreciation | 1,220,802 | 1,201,929 |
Net property, plant and equipment ($41,479 and $44,004 related to VIEs) | 1,013,732 | 1,093,681 |
OTHER ASSETS | ||
Marketable securities, noncurrent | 0 | 113,622 |
Goodwill | 533,585 | 564,683 |
Investments | 938,490 | 878,863 |
Deferred taxes | 342,126 | 316,472 |
Deferred compensation trusts | 328,814 | 381,826 |
Other ($26,578 and $27,631 related to VIEs) | 315,997 | 377,288 |
Total other assets | 2,459,012 | 2,632,754 |
TOTAL ASSETS | 8,913,637 | 9,327,692 |
CURRENT LIABILITIES | ||
Trade accounts payable ($475,018 and $258,592 related to VIEs) | 1,638,891 | 1,512,740 |
Short-term borrowings | 26,887 | 27,361 |
Contracts liabilities ($271,692 and $361,701 related to VIEs) | 855,948 | 874,036 |
Accrued salaries, wages and benefits ($28,478 and $32,678 related to VIEs) | 649,486 | 706,520 |
Other accrued liabilities ($49,997 and $44,211 related to VIEs) | 381,301 | 453,513 |
Total current liabilities | 3,552,513 | 3,574,170 |
LONG-TERM DEBT DUE AFTER ONE YEAR | 1,661,565 | 1,591,598 |
NONCURRENT LIABILITIES | 581,509 | 669,525 |
CONTINGENCIES AND COMMITMENTS | ||
Capital stock | ||
Preferred authorized 20,000,000 shares ($0.01 par value), none issued | 0 | 0 |
Common authorized 375,000,000 shares ($0.01 par value); issued and outstanding 139,653,824 and 139,918,324 shares in 2018 and 2017, respectively | 1,396 | 1,399 |
Additional paid-in capital | 82,106 | 88,222 |
Accumulated other comprehensive loss | (542,478) | (402,242) |
Retained earnings | 3,422,157 | 3,654,931 |
Total shareholders' equity | 2,963,181 | 3,342,310 |
Noncontrolling interests | 154,869 | 150,089 |
Total equity | 3,118,050 | 3,492,399 |
TOTAL LIABILITIES AND EQUITY | $ 8,913,637 | $ 9,327,692 |
Calculate the following ratios for the company you selected for the most recent two years. Show your work on how you calculated each ratio. I recommend using Excel to present your work.
Liquidity Ratios Choose 3 ratios from this category
Solvency Choose 1 ratio from this category
Profitability Choose 4 ratios from this category
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