Thousands of  Millions Millions U.S. dollars of yen of yen (Note 1) LIABILITIES AND SHAREHOLDERS’ EQUITY 2003 2002 2003 Current liabilities: (Note 3) Short-term borrowings (Note 10) ¥ 182,084 ¥ 169,807 $ 1,514,842 Current portion of long-term debts (Note 10) 57,660 43,845 479,701 Notes and accounts payable, trade (Note 4) 213,748 204,959 1,778,270 Accrued expenses 115,177 107,707 958,211 Accrued income taxes (Note 13) 10,047 23,488 83,586 Other current liabilities (Note 13) 41,104 36,589 341,962 Total current liabilities 619,820 586,395 5,156,572 Long-term liabilities: (Note 3) Long-term debts (Note 10) 149,362 183,090 1,242,612 Accrued pension and severance liability (Note 12) 61,170 62,579 508,902 Consolidation adjustments (Note 3) 48,940 — 407,155 Other long-term liabilities (Notes 9 and 13) 50,166 37,896 417,354 309,638 283,565 2,576,023 Minority interest in consolidated subsidiaries (Note 13) 3,362 3,486 27,970 Contingent liabilities (Note 18) Shareholders’ equity (Note 14): Common stock Authorized—1,500,000,000 shares Issued 2003—746,520,881 shares 144,455 — 1,201,789 2002—746,505,560 shares — 144,450 — Additional paid-in capital 150,766 150,762 1,254,293 Revaluation reserve for land (Notes 9 and 13) 389 381 3,236 Retained earnings 133,186 107,328 1,108,037 Net unrealized holding gains on securities 3,446 4,997 28,669 Translation adjustments (18,237) (9,579) (151,722) Less treasury stock, at cost (2,753) (2,227) (22,904) 411,252 396,112 3,421,398 Total liabilities and shareholders’ equity ¥1,344,072 ¥1,269,558 $11,181,963 The accompanying notes are an integral part of these balance sheets. Annual Report 2003 27