HST » Topics » COMBINED BALANCE SHEET

This excerpt taken from the HST 8-K filed Jun 16, 2006.

COMBINED BALANCE SHEET

(unaudited, in millions)

 

     February 28, 2006

ASSETS

  

Current assets:

  

Cash and cash equivalents

   $ 42

Restricted cash

     3

Accounts receivable, net of allowance for doubtful accounts of $3

     71

Inventories

     19

Prepaid expenses and other

     18
      

Total current assets

     153

Plant, property and equipment, net

     2,355

Goodwill

     500

Other assets

     6
      
   $ 3,014
      

LIABILITIES AND EQUITY

  

Current liabilities:

  

Short-term borrowings and current maturities of long-term debt

   $ 31

Accounts payable

     24

Accrued expenses

     57

Accrued salaries, wages and benefits

     40

Accrued taxes and other

     22
      

Total current liabilities

     174

Long-term debt

     716

Deferred income taxes

     64

Other liabilities

     18
      
     972
      

Commitments and contingencies

  

Equity of Acquired Businesses

     2,042
      
   $ 3,014
      

The accompanying notes to financial statements are an integral part of the above statements.

 

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