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Reformulate the balance sheet for the years 2017 & 2018 from the traditionally accepted GAAP format to a format where Net Operating Assets = Net

Reformulate the balance sheet for the years 2017 & 2018 from the traditionally accepted GAAP format to a format where Net Operating Assets = Net Financial Obligations + Common Equity

ASSETS

2018

2017

Current assets:

Cash and cash equivalents

$

8,756.3

$

2,462.3

Short-term investments

181.5

228.6

Accounts receivable, net

693.1

870.4

Inventories

1,400.5

1,364.0

Prepaid expenses and other current assets

1,462.8

358.1

Total current assets

12,494.2

5,283.4

Long-term investments

267.7

542.3

Equity and cost investments

334.7

481.6

Property, plant and equipment, net

5,929.1

4,919.5

Deferred income taxes, net

134.7

795.4

Other long-term assets

412.2

362.8

Other intangible assets

1,042.2

441.4

Goodwill

3,541.6

1,539.2

TOTAL ASSETS

$

24,156.4

$

14,365.6

LIABILITIES AND EQUITY

Current liabilities:

Accounts payable

$

1,179.3

$

782.5

Accrued liabilities

2,298.4

1,934.5

Insurance reserves

213.7

215.2

Stored value card liability and current portion of deferred revenue

1,642.9

1,288.5

Current portion of long-term debt

349.9

Total current liabilities

5,684.2

4,220.7

Long-term debt

9,090.2

3,932.6

Deferred revenue

6,775.7

4.4

Other long-term liabilities

1,430.5

750.9

Total liabilities

22,980.6

8,908.6

Shareholders equity:

Common stock ($0.001 par value) authorized, 2,400.0 shares; issued and outstanding, 1,309.1 and 1,431.6 shares, respectively

1.3

1.4

Additional paid-in capital

41.1

41.1

Retained earnings

1,457.4

5,563.2

Accumulated other comprehensive loss

(330.3

)

(155.6

)

Total shareholders equity

1,169.5

5,450.1

Noncontrolling interests

6.3

6.9

Total equity

1,175.8

5,457.0

TOTAL LIABILITIES AND EQUITY

$

24,156.4

$

14,365.6

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