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Given data below answer the question's Balance Sheet numbers in millions ABC Company Year Ended Year Ended 12/31/2021 12/31/2020 Year Ended 12/31/2020 Assets: Cash Accounts
Balance Sheet numbers in millions ABC Company Year Ended Year Ended 12/31/2021 12/31/2020 Year Ended 12/31/2020 Assets: Cash Accounts receivable Inventory $ 1,407 $ 336 $ 548 5,000 4,500 4,200 6,750 6,250 5,985 Prepaid expenses 3,820 4,100 4,200 Other current assets 1,700 1,600 1,200 Total current assets $ 18,677 $ 16,786 $ 16,133 Property, plant, & equipment 25,220 23,780 22,100 Less: accumulated depreciation 14,500 13,250 12,130 Net property, plant, & equipment 10,720 10,530 9,970 Other long term assets 4,000 3,500 3,500 Total Assets $ 33,397 $ 30,816 $ 29,603 Liabilities: Accounts payable $ 3,500 $ 3,200 $ 3,100 Accrued expenses 2,200 2,100 2,100 Deferred revenue 4,200 4,100 3,935 Income taxes payable 1,200 950 850 Total current liabilities $ 11,100 $ 10,350 $ 9,985 Long-term debt 6,500 7,500 8,700 Pension liability 6,720 5,840 5,150 Other long term liablities 2,575 1,826 1,548 Total liabilities $ 26,895 $ 25,516 $ 25,383 Common stock 2,000 2,000 2,000 Retained earnings 4,752 3,500 2,420 Comon shares in treasury (250) (200) (200) Total equity $ 6,502 $ 5,300 $ 4,220 Total Liabilities & Equity $ 33,397 $ 30,816 $ 29,603
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