CONSOLIDATED BALANCE SHEETS 35 TOSHIBA CORPORATION Thousands of U.S. dollars Millions of yen (Note 3) Liabilities and shareholders’ equity 2003 2002 2003 Current liabilities: Short-term borrowings (Note 9) ¥ 427,969 ¥ 658,854 $ 3,566,408 Current portion of long-term debt (Note 9) 343,373 270,924 2,861,442 Notes payable, trade 107,817 140,879 898,475 Accounts payable, trade 874,153 837,141 7,284,608 Accounts payable, other and accrued expenses 269,885 340,232 2,249,042 Accrued income and other taxes 49,934 36,768 416,117 Advance payments received 243,187 273,107 2,026,558 Other current liabilities (Note 22) 302,459 314,588 2,520,492 Total current liabilities 2,618,777 2,872,493 21,823,142 Long-term liabilities: Long-term debt (Note 9) 882,026 888,755 7,350,217 Accrued pension and severance costs (Note 10) 950,997 709,233 7,924,975 Other liabilities 40,127 42,324 334,391 1,873,150 1,640,312 15,609,583 Minority interest in consolidated subsidiaries  (Note 16)  175,945 189,663 1,466,208 Shareholders’ equity (Note 17) Common stock, without par value: Authorized—10,000,000,000 shares Issued and outstanding: 2003 and 2002—3,219,027,165 shares 274,926 274,926 2,291,050 Additional paid-in capital 285,736 285,736 2,381,133 Retained earnings  462,058 443,555 3,850,484 Accumulated other comprehensive loss (450,775) (298,792) (3,756,458) Treasury stock, at cost:  2003—2,269,483 shares (881) — (7,342) 2002—225,288 shares — (111) — 571,064 705,314 4,758,867 Commitments and contingent liabilities (Notes 21 and 22) ¥5,238,936 ¥5,407,782 $43,657,800