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Use table below: 1. Was amount owed to suppliers decreased in 2013 and was credit extended to customers? 2. did they buy back any previously

Use table below:

1. Was amount owed to suppliers decreased in 2013 and was credit extended to customers?

2. did they buy back any previously issued stock and have a positive income in 2013?

December 31, (Dollars in millions)

ASSETS

2013

2012

CURRENT ASSETS

2013

2012

Cash and cash equivalents

$1,238

$1,639

Receivables, less allowance for doubtful accounts

1,313

1,126

Inventories

2,565

1,338

Prepayments and other current assets

210

196

Current assets related to discontinued operations

337

Total Current Assets

5,326

4,636

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, at cost

9,123

7,206

Less accumulated depreciation and amortization

(2,248)

(1,974)

Net Property, Plant and Equipment

6,875

5,232

OTHER NONCURRENT ASSETS

Acquired intangibles, net

263

214

Other, net

925

602

Noncurrent assets related to discontinued operations

18

Total Other Noncurrent Assets

1,188

834

Total Assets

$13,389

$10,702

LIABILITIES AND EQUITY

2013

2012

CURRENT LIABILITIES

2013

2012

Accounts payable

$2,596

$2,196

Current maturities of debt

6

3

Other current liabilities

806

622

Current liabilities related to discontinued operations

60

Total Current Liabilities

3,408

2,881

DEFERRED INCOME TAXES

1,018

850

OTHER NONCURRENT LIABILITIES

655

644

BANK DEBT

2,823

1,585

EQUITY

2013

2012

Common stock, 154,712,627 shares issued (152,579,955 in 2012)

26

25

Additional paid-in capital

1,186

1,070

Retained earnings

3,940

3,649

Treasury stock, 22,907,890 (14,417,533 in 2012)

(798)

(356)

Accumulated other comprehensive loss

(52)

(137)

Total Tesoro Corporation Stockholders Equity

4,302

4,251

NONCONTROLLING INTEREST

1,183

486

Total Equity

5,485

4,737

Total Liabilities and Equity

$13,389

$10,702

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