Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Allergan Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013	Dec 31, 2012	Sep 30, 2012	Jun 30, 2012	Mar 31, 2012	Dec 31, 2011	Sep 30, 2011	Jun 30, 2011	Mar 31, 2011	Dec 31, 2010	Sep 30, 2010	Jun 30, 2010	Mar 31, 2010
Cash and equivalents	4,911,400)	3,910,800)	3,189,900)	2,815,300)	3,046,100)	2,686,300)	2,484,000)	2,198,800)	2,701,800)	2,655,000)	2,368,700)	2,291,700)	2,406,100)	2,212,000)	1,856,500)	2,530,800)	1,991,200)	2,603,300)	2,219,600)	1,989,700)
Short-term investments	55,000)	274,600)	525,600)	802,000)	603,000)	524,600)	184,800)	50,000)	260,600)	279,900)	304,800)	349,800)	179,900)	66,500)	299,800)	249,700)	749,100)	499,300)	—)	—)
Trade receivables, net	914,500)	967,400)	1,055,000)	990,400)	883,300)	908,200)	917,200)	887,900)	764,200)	872,600)	867,900)	855,700)	730,600)	710,900)	744,200)	671,600)	647,300)	586,900)	601,300)	558,700)
Inventories	296,000)	297,700)	299,900)	296,600)	285,300)	280,000)	274,400)	269,200)	282,900)	265,100)	259,700)	261,900)	249,700)	242,100)	242,400)	239,200)	229,400)	219,600)	201,900)	219,400)
Other current assets	694,300)	653,300)	631,300)	548,700)	493,000)	440,000)	468,200)	508,900)	449,300)	463,200)	458,500)	479,500)	482,000)	451,100)	449,700)	393,100)	376,700)	334,300)	331,400)	376,400)
Assets of discontinued operations	—)	—)	1,200)	5,700)	9,000)	93,300)	153,600)	154,700)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Current assets	6,871,200)	6,103,800)	5,702,900)	5,458,700)	5,319,700)	4,932,400)	4,482,200)	4,069,500)	4,458,800)	4,535,800)	4,259,600)	4,238,600)	4,048,300)	3,682,600)	3,592,600)	4,084,400)	3,993,700)	4,243,400)	3,354,200)	3,144,200)
Investments and other assets	271,900)	236,900)	238,700)	226,100)	213,200)	191,600)	194,400)	193,200)	192,100)	191,700)	240,400)	247,600)	247,100)	266,900)	261,600)	258,500)	261,400)	288,600)	273,400)	268,400)
Deferred tax assets	86,900)	59,400)	121,500)	121,500)	128,800)	120,200)	88,700)	74,900)	206,900)	188,300)	159,700)	149,400)	152,600)	151,400)	249,200)	242,600)	217,800)	157,100)	17,100)	6,700)
Property, plant and equipment, net	1,006,300)	1,005,300)	977,900)	942,300)	923,200)	877,000)	866,200)	853,900)	852,900)	822,800)	811,600)	807,000)	807,000)	791,100)	795,100)	788,500)	800,600)	778,000)	785,900)	795,400)
Goodwill	2,392,900)	2,414,000)	2,340,600)	2,339,400)	2,339,400)	2,334,000)	2,326,600)	2,313,200)	2,239,500)	2,092,900)	2,090,900)	2,097,300)	2,088,400)	2,093,200)	2,050,700)	2,045,300)	2,038,600)	2,043,600)	1,996,600)	2,008,400)
Intangibles, net	1,786,500)	1,826,400)	1,609,200)	1,632,200)	1,650,000)	1,689,400)	1,716,900)	1,745,800)	1,229,100)	1,079,400)	1,111,200)	1,144,300)	1,165,200)	1,198,800)	930,400)	951,400)	996,000)	1,029,400)	1,360,400)	1,405,300)
Non-current assets	5,544,500)	5,542,000)	5,287,900)	5,261,500)	5,254,600)	5,212,200)	5,192,800)	5,181,000)	4,720,500)	4,375,100)	4,413,800)	4,445,600)	4,460,300)	4,501,400)	4,287,000)	4,286,300)	4,314,400)	4,296,700)	4,433,400)	4,484,200)
Total assets	12,415,700)	11,645,800)	10,990,800)	10,720,200)	10,574,300)	10,144,600)	9,675,000)	9,250,500)	9,179,300)	8,910,900)	8,673,400)	8,684,200)	8,508,600)	8,184,000)	7,879,600)	8,370,700)	8,308,100)	8,540,100)	7,787,600)	7,628,400)

The analysis of the quarterly financial data reveals several observable trends across various balance sheet items over the period reviewed.

Cash and Equivalents: Cash and equivalents displayed a generally increasing trend with some fluctuations. Starting at approximately 1.99 billion US dollars in March 2010, the amount grew steadily to reach about 4.91 billion US dollars by December 2014. This indicates a significant strengthening of liquid resources over the analyzed period, with notable accelerations in growth particularly from mid-2013 onward.
Short-term Investments: Short-term investments showed irregular patterns, with some quarters showing missing data and fluctuations in investment levels. Despite these inconsistencies, the values peaked around mid-2014 exceeding 800 million US dollars before retrenching toward the end of 2014. This variability suggests a dynamic investment strategy or reclassification between short-term assets.
Trade Receivables, Net: Trade receivables increased from approximately 559 million US dollars in March 2010 to a peak of around 1.055 billion US dollars by the third quarter of 2014, followed by a slight decrease towards the end of the same year. This trend indicates growth in credit sales or extended customer payment terms over the years, with a minor correction at the end.
Inventories: Inventories steadily increased from about 219 million US dollars in early 2010 to nearly 300 million by late 2014, reflecting consistent accumulation or expansion of stock levels. The growth was relatively stable, indicative of the company's efforts to maintain or scale inventory in line with operational requirements.
Other Current Assets: Other current assets demonstrated overall growth, moving from around 376 million US dollars to approximately 694 million by the end of 2014. This steady rise suggests increasing prepaid expenses or other short-term receivables contributing to current asset expansion.
Assets of Discontinued Operations: Assets related to discontinued operations appeared only from 2013 onwards, with values rapidly decreasing from 155 million US dollars in early 2013 to almost negligible by late 2014. This pattern signifies progressive divestiture or write-offs associated with non-core or sold business segments during this interval.
Current Assets: Total current assets grew noticeably over the period, from approximately 3.14 billion US dollars in March 2010 to nearly 6.87 billion by December 2014. This doubling reflects overall liquidity improvement and potential for operational flexibility.
Investments and Other Assets: This category remained relatively stable, fluctuating modestly around 240 to 270 million US dollars, suggesting no significant changes or major transactions impacting non-current investments or miscellaneous assets.
Deferred Tax Assets: Deferred tax assets exhibited volatility, beginning at a low of 6.7 million US dollars, peaking near 249 million in mid-2011, and subsequently showing a gradual decline to roughly 87 million by the end of 2014. This variability could relate to changes in tax planning, profitability, or timing differences in asset recognition.
Property, Plant, and Equipment, Net: Net property, plant, and equipment remained fairly consistent, starting near 795 million US dollars and growing moderately to just over 1 billion by 2014. This suggests ongoing capital investment balanced by depreciation, indicating steady maintenance or moderate expansion of fixed assets.
Goodwill: Goodwill increased from about 2 billion US dollars to approximately 2.39 billion. The gradual rise points toward acquisitions or business combinations enhancing intangible asset bases.
Intangibles, Net: The net value of intangible assets fluctuated considerably, initially declining from 1.4 billion to just under 1 billion US dollars by late 2010, then rising sharply to around 1.78 billion at the end of 2014. Such fluctuations may reflect impairment charges followed by acquisitions or revaluations of intellectual properties.
Non-current Assets: Non-current assets total values exhibited slight growth, from about 4.48 billion US dollars to around 5.54 billion by the latest quarter, indicating incremental investment in long-term resources.
Total Assets: Total assets increased from approximately 7.63 billion to over 12.4 billion US dollars, highlighting substantial asset base expansion across the review period. This growth aligns with increases in both current and non-current assets, underlying overall company scaling and resource accumulation.

Overall, the financial data illustrates robust asset growth, particularly in liquidity and receivables, complemented by an expanding asset base in goodwill and intangibles. The trends suggest active business development, including acquisitions and divestitures, alongside strengthening operational capacity as reflected in the steady increment in property, plant, and equipment.

Assets: Selected Items

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Current Assets: Selected Items

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Allergan Inc. (NYSE:AGN.)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data