TEST YOUR UNDERSTANDING Comprehensive Analysis Purposer Analyze the income statement, the balance sheet, and the statement of cash flows. Prepare a stasement of retained earnings LUCENT TECHNOLOGIES INC. Balance Sheet (S in millions) Cash and cash oquivalents Short-term investments s 2,390 s 1467 1.686 S 2,894 1,647 8,782 8,799 Iaventories Other current assets Total current assets 20,540 19,240 5,046 6,463 6,219 Property, plant, and equipment, net Goodwill and other intangibles Other long-term assets 224 1,466 S17.791 33664 47512 $35 372 TOTAL asscts 1,844 Accounts payable Accrued expenses Current portion of long-term debt Other curent liabilities 1,010 3,468 1,094 Total current liabiities 10,160 3,274 Other long-tena liabilities Total longterm lisbilities 14,519 10,638 11,180 TOTAL liabilities 20,845 20,80721,340 21,436 Preferred stock, redeemable Common stock, par Additional paid-in capital Retained earnings 7,994 (22,025) (10,272) 6,130 6,188 20,606 21,702 Other equity (305) 12.857 262 13,9 TOTAL liabilities and stockhoers' equty $17.791 $33.664 $47.512 $35.372