Required: 1. a. What is the amount of any AFS investment securities reported in the balance sheet? b. In which current a

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Required 1 A What Is The Amount Of Any Afs Investment Securities Reported In The Balance Sheet B In Which Current A 1 (15.25 KiB) Viewed 11 times

Required 1 A What Is The Amount Of Any Afs Investment Securities Reported In The Balance Sheet B In Which Current A 2 (65.02 KiB) Viewed 11 times

Required: 1. a. What is the amount of any AFS investment securities reported in the balance sheet? b. In which current and noncurrent asset categories are AFS investments reported by Merck? c. Is there an amount you can't find in the balance sheet but that you know must be there?
December 31 ($ in millions except per share amounts) Assets Current Assets Cash and cash equivalents Short-term investments Accounts receivable (net of allowance for doubtful accounts of $195 in 2016 and $165 in 2015) (excludes accounts receivable of $10 in 2015 classified in Other assets) Inventories (excludes inventories of $1,117 in 2016 and $1,569 in 2015 classified in Other assets - see Note 6) Other current assets Total current assets Investments Property, Plant and Equipment (at cost) Land Buildings Machinery, equipment and office furnishings Construction in progress Less: accumulated depreciation Goodwill Other Intangibles, Net Other Assets S $ 2016 6,515 7,826 7,018 4,866 4,389 30,614 11,416 412 11,439 14,053 1,871 27,775 15,749 12,026 18,162 17,305 5,854 95,377 S $ 2015 8,524 4,903 6,484 4,700 5,140 29,751 13,039 490 12,154 14,261 1,525 28,430 15,923 12,507 17,723 22,602 6,055 101,677
Liabilities and Equity Current Liabilities Loans payable and current portion of long-term debt Trade accounts payable Accrued and other current liabilities Income taxes payable Dividends payable Total current liabilities Long-Term Debt Deferred Income Taxes Other Noncurrent Liabilities Merck & Co., Inc. Stockholders' Equity Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2016 and 2015 Other paid-in capital Retained earnings Accumulated other comprehensive loss Less treasury stock, at cost: 828,372,200 shares in 2016 and 795,975,449 shares in 2015 Total Merck & Co., Inc. stockholders' equity Noncontrolling Interests Total equity $ 568 2,807 10,274 2,239 1,316 17,204 24,274 5,077 8,514 1,788 39,939 44,133 (5,226) 80,634 40,546 40,088 220 40,308 95,377 S $ 2,583 2,533 11,216 1,560 1,309 19,201 23,829 6,535 7,345 1,788 40,222 45,348 (4,148) 83,210 38,534 44,676 91 44,767 101,677