Diageo is a United Kingdom (UK) consumer products firm, best known int he United States for the following brand names: Smirnoff, Johnnie Walker, J&B, Gordon's, Seagram's, and Guinness. Diageo's 2011 consolidated balance sheet follows.

Recreate Diageo's June 30, 2011, blance sheet using U.S. terminology and a standard U.S. format (Note: The other reserves item has no counterpart in the United States. For purposes of this excerise, add the other reserves to "called up share capital"

Recreate Diageo's June 30, 2011, blance sheet using U.S. terminology and a standard U.S. format (Note: The other reserves item has no counterpart in the United States. For purposes of this excerise, add the other reserves to "called up share capital"

Diageo Consolidated Balance Sheet 30 June 2011 (In millions of pounds) Non-current assets 6,545 2552 Property, plant and equipment. 2,385 102 118 305 516 60 Post employment benefit assets .. .. 12,616 Current assets 3,473 1,977 38 89 1,584 7,161 19,777 Total assets Current liabilities (1447) (90) (2,838) (10) (381) (149) (4,915) Non-current liabilities (6,748) (147) (41) (266) (777) (898) (8,877) (13,792) 5,985 Equity 797 1,343 3,300 (195) Equity attributable to equity shareholders of the 5,245 740 5,985