U.S. Dollars Yen (thousands) (millions) (Note 3) 2003 2004 2004 Liabilities, minority interests and shareholders’ equity Current liabilities: Short-term borrowings (Note 9) · 302,666 · 178,382 $ 1,682,849 Current portion of long-term debt (Note 9) 203,425 204,367 1,927,991 Payables, trade (Note 16) 716,842 796,915 7,518,066 Accrued expenses 331,485 316,404 2,984,943 CustomersGLYPH<213> advances 31,665 29,960 282,642 Accrued income taxes 30,880 26,744 252,302 Other current liabilities (Note 11) 148,261 165,290 1,559,339 Total current liabilities 1,765,224 1,718,062 16,208,132 Long-term liabilities: Long-term debt (Note 9) 1,257,678 894,372 8,437,472 Accrued retirement benefits (Note 10) 125,475 79,200 747,170 Provision for loss on repurchase of computers 75,047 68,214 643,528 Other long-term liabilities (Note 11) 84,991 88,104 831,170 Total long-term liabilities 1,543,191 1,129,890 10,659,340 Minority interests in consolidated subsidiaries 214,556 190,460 1,796,792 Shareholders’ equity: Common stock (Note 12) AuthorizedGLYPH<209>5,000,000,000 shares Issued  2003GLYPH<209>2,001,962,672 shares 324,624 2004GLYPH<209>2,001,962,672 shares 324,624 324,624 3,062,491 Capital surplus 519,720 455,963 4,301,538 Retained earnings (Deficit) (60,718) (35,734) (337,113) Unrealized gains on securities, net of taxes  2,152 149,629 1,411,594 Revaluation surplus on land, net of taxes  3,938 3,453 32,575 Foreign currency translation adjustments  (86,517) (69,901) (659,443) Treasury stock, at cost  (809) (857) (8,085) Total shareholdersGLYPH<213> equity 702,390 827,177 7,803,557 Commitments and contingent liabilities (Note 13) Total liabilities, minority interests and shareholders’ equity ·4,225,361 ·3,865,589 $36,467,821 35