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Cardinal Health Reports Third Quarter Results
Date:5/1/2008
Common Share $2.69 $2.51 7%
Weighted average number of Common
Shares outstanding:
Basic 359.1 400.5
Diluted 365.7 409.5
CARDINAL HEALTH, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
March 31, June 30,
(in millions) 2008 2007
Assets
Cash and equivalents $1,529.0 $1,308.8
Short-term investments available for sale - 132.0
Trade receivables, net 4,974.3 4,714.4
Current portion of net investment in
sales-type leases 381.2 354.8
Inventories 7,256.7 7,383.2
Prepaid expenses and other 578.0 651.3
Assets held for sale 187.9 -
Total current assets 14,907.1 14,544.5
Property and equipment, net 1,679.5 1,647.0
Net investment in sales-type leases,
less current portion 878.2 820.7
Goodwill and other intangibles, net 5,681.0 5,860.9
Other assets 457.6 280.7
Total assets $23,603.4 $23,153.8
Liabilities and Shareholders' Equity
Current portion of long-term
obligations and other short-term borrowings $355.3 $16.0
Accounts payable 8,987.9 9,162.2
Other accrued liabilities 1,778.2 2,247.3
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| SOURCE Cardinal Health, Inc. Copyright©2008 PR Newswire. All rights reserved |
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