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CVS Caremark Reports Record Second Quarter Revenues, Operating Profit, and Earnings
Date:7/31/2008

s adjustment was $1.9 million and $1.9 million for the fiscal years ended June 28, 2008 and June 30, 2007, respectively.

CVS CAREMARK CORPORATION

Consolidated Balance Sheets

(Unaudited)

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June 28, December 29,

In millions, except share and per share amounts 2008 2007

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Assets:

Cash and cash equivalents $615.7 $1,056.6

Short-term investments -- 27.5

Accounts receivable, net 4,457.7 4,579.6

Inventories 8,001.4 8,008.2

Deferred income taxes 360.4 329.4

Other current assets 170.2 148.1

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Total current assets 13,605.4 14,149.4

Property and equipment, net 6,305.1 5,852.8

Goodwill 23,926.0 23,922.3

Intangible assets, net 10,271.2 10,429.6

Other assets 359.3 367.8

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Total assets $54,467.0 $54,721.9

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Liabilities:

Accounts payable $3,287.0 $3,593.0

Claims and discounts payable 2,245.6 2,484.3

Accrued expenses
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SOURCE CVS Caremark Corporation
Copyright©2008 PR Newswire.
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