Exercise E5-5
Compaq Computer Corporation
    Consolidated Balance Sheet
           December 31, 2005
In $millions
ASSETS
Current Assets
  Cash and Equivalents $627
  Accounts Receivable, net 1377
  Inventories 1123
  Prepaid Expenses 164
         Total Current Assets 3291
Noncurrent Assets
  Property, plant and equipment, net 779
  Other noncurrent assets 14
TOTAL ASSETS $4,084
LIABILITIES
Current Liabilities
  Accounts Payable
  Income Taxes Payable
  Other Current Liabilities
         Total Current Liabilities
Long-Term Liabilities
  Deferred Income Taxes Payable (LT)
TOTAL LIABILITIES
STOCKHOLDERS' EQUITY
  Common Stock and Capital in Excess of Par
  Retained Earnings
TOTAL STOCKHOLDERS' EQUITY
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $4,084