ANYTIMEkANYPLACEkANYWHERE - Heinz

Liabilities and Shareholders’ Equity (Dollars in thousands) May 3, 2000 April 28, 1999
CURRENT LIABILITIES:
Short-term debt $ 151,168 $ 290,841
Portion of long-term debt due within one year 25,407 613,366
Accounts payable 1,026,960 945,488
Salaries and wages 48,646 74,098
Accrued marketing 200,775 182,024
Accrued restructuring costs 125,704 147,786
Other accrued liabilities 358,738 372,623
Income taxes 188,672 160,096
Total current liabilities 2,126,070 2,786,322
LONG-TERM DEBT AND OTHER LIABILITIES:
Long-term debt 3,935,826 2,472,206
Deferred income taxes 271,831 310,799
Non-pension postretirement benefits 208,958 208,102
Other 712,116 473,201
Total long-term debt and other liabilities 5,128,731 3,464,308
SHAREHOLDERS’ EQUITY:
Capital stock:
Third cumulative preferred, $1.70 first series, $10 par value 139 173
Common stock, 431,096,485 shares issued, $0.25 par value 107,774 107,774
107,913 107,947
Additional capital 304,318 277,652
Retained earnings 4,756,513 4,379,742
5,168,744 4,765,341
Less:
Treasury shares, at cost (83,653,233 shares at May 3, 2000
and 71,968,652 shares at April 28, 1999) 2,920,471 2,435,012
Unearned compensation relating to the ESOP 7,652 11,728
Accumulated other comprehensive loss 644,765 515,597
Total shareholders’ equity 1,595,856 1,803,004
Total liabilities and shareholders’ equity $8,850,657 $8,053,634
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