Los Altos, Inc. Balance Sheet December 31, 2020 and 2019 (in millions) 2020 2019 Assets Current assets Cash and cash equivalents $100 $200 Accounts receivable 450 400 Inventory 250 325 Other current assets 200 125 Total current assets 1,000 1,050 Property, plant, & equipment (net) 1,300 1,250 Other assets 2,850 2,950 Total assets $5,150 $5,250 Liabilities and Stockholders' Equity Current liabilities $1,800 $1,740 Long-term liabilities 3,000 3,240 Total liabilities 4,800 4,980 Stockholders' equity - common 350 270 Total Liabilities and Stockholders' Equity $5,150 $5,250