|
 |
CONSOLIDATED BALANCE SHEETS
| JUNE 30 |
|
|
|
2006 |
|
|
|
|
2005 |
|
|
| (In millions) |
|
|
|
|
|
|
|
| ASSETS |
|
|
|
|
|
|
|
| Current Assets |
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
|
|
$ |
368.6 |
|
|
|
|
$ |
553.3 |
|
| Accounts receivable, net |
|
|
|
|
771.2 |
|
|
|
|
|
776.6 |
|
| Inventory and promotional merchandise, net |
|
|
|
|
766.3 |
|
|
|
|
|
768.3 |
|
| Prepaid expenses and other current assets |
|
|
|
|
270.8 |
|
|
|
|
|
204.4 |
|
|
| Total current assets |
|
|
|
|
2,176.9 |
|
|
|
|
|
2,302.6 |
|
|
| Property, Plant and Equipment, net |
|
|
|
|
758.0 |
|
|
|
|
|
694.2 |
|
|
| Other Assets |
|
|
|
|
|
|
|
| Investments, at cost or market value |
|
|
|
|
13.4 |
|
|
|
|
|
12.3 |
|
| Goodwill |
|
|
|
|
635.8 |
|
|
|
|
|
720.6 |
|
| Other intangible assets, net |
|
|
|
|
77.0 |
|
|
|
|
|
71.8 |
|
| Other assets, net |
|
|
|
|
123.0 |
|
|
|
|
|
84.3 |
|
|
| Total other assets |
|
|
|
|
849.2 |
|
|
|
|
|
889.0 |
|
|
| Total assets |
|
|
|
$ |
3,784.1 |
|
|
|
|
$ |
3,885.8 |
|
|
LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
|
|
|
|
|
| Current Liabilities |
|
|
|
|
|
|
|
| Short-term debt |
|
|
|
$ |
89.7 |
|
|
|
|
$ |
263.6 |
|
| Accounts payable |
|
|
|
|
264.5 |
|
|
|
|
|
249.4 |
|
| Accrued income taxes |
|
|
|
|
135.5 |
|
|
|
|
|
109.9 |
|
| Other accrued liabilities |
|
|
|
|
948.5 |
|
|
|
|
|
874.8 |
|
|
| Total current liabilities |
|
|
|
|
1,438.2 |
|
|
|
|
|
1,497.7 |
|
|
| Noncurrent Liabilities |
|
|
|
|
|
|
|
| Long-term debt |
|
|
|
|
431.8 |
|
|
|
|
|
451.1 |
|
| Other noncurrent liabilities |
|
|
|
|
266.4 |
|
|
|
|
|
228.4 |
|
|
| Total noncurrent liabilities |
|
|
|
|
698.2 |
|
|
|
|
|
679.5 |
|
|
| Commitments and Contingencies (see Note 14) |
|
|
|
|
|
|
|
|
| Minority interest |
|
|
|
|
25.4 |
|
|
|
|
|
15.8 |
|
|
| Stockholders' Equity |
|
|
|
|
|
|
|
| Common stock, $.01 par value; 650,000,000 shares Class A authorized; shares issued: |
|
|
|
|
|
|
|
| 164,837,563 at June 30, 2006 and 159,837,545 at June 30, 2005; 240,000,000 shares |
|
|
|
|
|
|
|
| Class B authorized; shares issued and outstanding: 85,305,915 at June 30, 2006 and |
|
|
|
|
|
|
|
| 87,640,901 at June 30, 2005 |
|
|
|
|
2.5 |
|
|
|
|
|
2.5 |
|
| Paid-in capital |
|
|
|
|
581.0 |
|
|
|
|
|
465.2 |
|
| Retained earnings |
|
|
|
|
2,361.9 |
|
|
|
|
|
2,203.2 |
|
| Accumulated other comprehensive income |
|
|
|
|
64.7 |
|
|
|
|
|
9.4 |
|
|
|
|
|
|
|
3,010.1 |
|
|
|
|
|
2,680.3 |
|
| Less: Treasury stock, at cost; 38,382,458 Class A shares at June 30, 2006 and |
|
|
|
|
|
|
|
| 27,174,160 Class A shares at June 30, 2005 |
|
|
|
|
(1,387.8 |
) |
|
|
|
|
(987.5 |
) |
|
| Total stockholders' equity |
|
|
|
|
1,622.3 |
|
|
|
|
|
1,692.8 |
|
|
| Total liabilities and stockholders' equity |
|
|
|
$ |
3,784.1 |
|
|
|
|
$ |
3,885.8 |
|
|
|
