Notes to Consolidated Financial Statements
Note 16
Additional Financial Information
The tables that follow provide additional financial information related to our consolidated financial statements:
Income Statement Information
(dollars in millions) |
|||||||||
Years Ended December 31, |
2010 |
|
2009 |
|
2008 |
|
|||
|---|---|---|---|---|---|---|---|---|---|
Depreciation expense |
$ |
14,593 |
|
$ |
14,564 |
|
$ |
13,227 |
|
Interest incurred |
|
3,487 |
|
|
4,029 |
|
|
2,566 |
|
Interest capitalized |
|
(964 |
) |
|
(927 |
) |
|
(747 |
) |
Advertising expense |
|
2,451 |
|
|
3,020 |
|
|
2,754 |
|
Balance Sheet Information
(dollars in millions) |
||||||
December 31, |
2010 |
|
2009 |
|
||
|---|---|---|---|---|---|---|
Accounts Payable and Accrued Liabilities |
||||||
Accounts payable |
$ |
3,936 |
|
$ |
4,337 |
|
Accrued expenses |
|
4,110 |
|
|
3,486 |
|
Accrued vacation, salaries and wages |
|
5,686 |
|
|
5,084 |
|
Interest payable |
|
813 |
|
|
872 |
|
Taxes payable |
|
1,157 |
|
|
1,444 |
|
|
$ |
15,702 |
|
$ |
15,223 |
|
|
||||||
Other Current Liabilities |
||||||
Advance billings and customer deposits |
$ |
3,091 |
|
$ |
2,644 |
|
Dividends payable |
|
1,402 |
|
|
1,372 |
|
Other |
|
2,860 |
|
|
2,692 |
|
|
$ |
7,353 |
|
$ |
6,708 |
|
Cash Flow Information
(dollars in millions) |
|||||||||
Years Ended December 31, |
2010 |
|
2009 |
|
2008 |
|
|||
|---|---|---|---|---|---|---|---|---|---|
Cash Paid |
|||||||||
Income taxes, net of amounts refunded |
$ |
430 |
|
$ |
158 |
|
$ |
1,206 |
|
Interest, net of amounts capitalized |
|
2,433 |
|
|
2,573 |
|
|
1,664 |
|