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CVS Caremark Reports Strong First Quarter Results
Date:5/1/2013

ated Balance Sheets(Unaudited) March 31,December 31,In millions, except per share amounts20132012Assets:Cash and cash equivalents$

1,551$

1,375Short-term investments55Accounts receivable, net6,6356,473Inventories10,59210,759Deferred income taxes604663Other current assets340577Total current assets19,72719,852Property and equipment, net8,5568,632Goodwill26,57526,395Intangible assets, net9,7389,753Other assets1,4721,280Total assets$

66,068$

65,912Liabilities:Accounts payable$

5,506$

5,070Claims and discounts payable3,8543,974Accrued expenses3,5234,051Short-term debt300690Current portion of long-term debt125Total current liabilities13,19513,790Long-term debt9,3529,133Deferred income taxes3,7743,784Other long-term liabilities1,5381,501Commitments and contingenciesShareholders' equity:Preferred stock, par value $0.01: 0.1 shares authorized;

  none issued or outstanding——Common stock, par value $0.01: 3,200 shares authorized; ,671 shares issued and 1,228 shares outstanding at March 31, 2013 and 1,667 shares issued and 1,231 shares outstanding at December 31, 201217 

17Treasury stock, at cost: 441 shares at March 31, 2013 and

  435 shares at December 31, 2012(16,625)(16,270)Shares held in trust: 1 share at March 31, 2013 and 

  December 31, 2012(31)(31)Capital surplus29,30229,120Retained earnings25,72825,049Accumulated other comprehensive loss(182)(181)Total shareholders' equity38,20937,704Total liabilities and shareholders' equity$

66,068$

65,912 

 

 

CVS CAREMARK CORPORATIONCondensed Consolidated Statements of Cash Flows(Unaudited) Three Months EndedMarch 31,In millions20132012Cash flows from operating activities:Cash receipts from customers$'/>"/>

SOURCE CVS Caremark Corporation
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4. CVS Caremark Charitable Trust Supports Non-profits Nationwide with $2.6 Million in Funding
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