notes to consolidated financial statements

Note 15

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,

 

2011

 

 

2010

 

 

2009

 

Depreciation expense

$

14,991

 

$

14,593

 

$

14,564

 

Interest costs on debt balances

 

3,269

 

 

3,487

 

 

4,029

 

Capitalized interest costs

 

(442

)

 

(964

)

 

(927

)

Advertising expense

 

2,523

 

 

2,451

 

 

3,020

 

Balance Sheet Information

(dollars in millions)

At December 31,

 

2011

 

 

2010

 

Accounts Payable and Accrued Liabilities

 

 

 

 

 

 

Accounts payable

$

4,194

 

$

3,936

 

Accrued expenses

 

3,786

 

 

4,110

 

Accrued vacation, salaries and wages

 

4,857

 

 

5,686

 

Interest payable

 

774

 

 

813

 

Taxes payable

 

1,078

 

 

1,157

 

 

$

14,689

 

$

15,702

 

 

 

 

 

 

 

 

Other Current Liabilities

 

 

 

 

 

 

Advance billings and customer deposits

$

3,290

 

$

3,091

 

Dividends payable

 

5,940

 

 

1,402

 

Other

 

1,993

 

 

2,860

 

 

$

11,223

 

$

7,353

 

Cash Flow Information

(dollars in millions)

Years Ended December 31,

 

2011

 

 

2010

 

 

2009

 

Cash Paid

 

 

 

 

 

 

 

 

 

Interest, net of amounts capitalized

$

2,629

 

$

2,433

 

$

2,573