The following items were taken from the 2006 financial statements of Texas Instruments, Inc. (All dollars are in millions.)

Instructions
Prepare a classified balance sheet in good form as of December 31,2006.

Transcribed Image Text:

Common stock Prepaid expenses Propcrty, plant, and cquipment Other current assets Other current liabilitics Long-term investments Short-term investments Note payable in 2007 $2,624 181 7,751 745 1,475 287 2,534 Cash and cash cquivalents Accumulated depreciation Accounts payable Other noncurrent assets Noncurrent liabilitics Retained carnings Accounts reccivable Inventorics $1,183 3,801 560 1,839 492 8,736 1,774 1,437