The following financial statements were reported for a firm for fiscal year 2012 (in millions of dollars):

Statement of Shareholders' Equity

Balance, end of fiscal year 2011 ..............................1,430
Share issues ................................................................. 822
Repurchase of 24 million shares ............................. (720)
Cash dividend ............................................................ (180)
Unrealized gain on debt investments ......................... 50
Net income ................................................................... 468
Balance, end of fiscal year 2012 ..............................1,870

The firm's income tax rate is 3 5%. The firm reported $15 million in interest income and $98 million in interest expense for 2012. Sales revenue was $3,726 million.

a. Reformulate the balance sheet for 2012 in a way that distinguishes operating and financing activities. Also reformulate the equity statement.

b. Prepare a reformulated statement of comprehensive income.

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Balance Sheet 2012 2012 2011 2011 Operating cash Short-term investments (at market) Accounts receivable Accounts payable Accrued liabilities Long-term debt Common equity 1,200 1,040 390 50 500 60 450 1,970 1,430 550 1,840 1,870 790 940 910 840 2,710 Inventory Property and plant 2,840 4,890 5,300 4,890 5,300