Eme r s on 2013 Ann u al R e por t 33 2012 2013 ass E ts c urrent assets Cash and equivalents 2367 3275 Receivables less allowances of 109 in 2012 and 103 in 2013 4983 4808 Inventories 2125 1895 Other current assets 651 1021 Total current assets 10126 10999 p roperty plant and equipment net 3509 3605 o ther assets Goodwill 8026 7509 Other intangible assets 1838 1672 Other 319 926 Total other assets 10183 10107 t otal assets 23818 24711 LIABILITIES AND EQUITY c urrent liabilities Shortterm borrowings and current maturities of longterm debt 1506 1587 Accounts payable 2767 2725 Accrued expenses 2732 3184 Income taxes 128 129 Total current liabilities 7133 7625 l ongterm debt 3787 4055 o ther liabilities 2456 2313 Equity Common stock 050 par value authorized 1200000000 shares issued 953354012 shares outstanding 724113291 shares in 2012 706660259 shares in 2013 477 477 Additional paidincapital 324 352 Retained earnings 18107 18930 Accumulated other comprehensive income loss 731 189 18177 19570 Less Cost of common stock in treasury 229240721 shares in 2012 246693753 shares in 2013 7882 8985 c ommon stockholders equity 10295 10585 Noncontrolling interests in subsidiaries 147 133 t otal equity 10442 10718 t otal liabilities and equity 23818 24711 E m E rso N E l E ctric co su B si D iari E s S e p t e m b e r 3 0 D o l l a r s i n m i l l i o ns e x ce p t p e r s h a r e a m o u n t s c o N s o li D a t ED B ala N c E s h EE ts S e e a cc o m p a n y i n g N o t e s t o C o ns o l i d a t e d F i n a n c i a l S t a t e m e n t s