FINANCIAL INFORMATION

FINANCIAL INFORMATION

In millions of USD (except for per share items)

Copyright Thomson Reuters Corporation

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 363,719 $ 301,353
Investment securities at fair value 135,246 150,489
Accounts receivable - trade, net 27,918 29,481
Inventories 84,293 89,790
Income taxes receivable, net 0 11,217
Restricted assets 4,821 10,258
Other current assets 45,671 21,121
Total current assets 661,668 613,709
Property, plant and equipment, net 86,325 85,516
Investments in real estate, net 25,198 23,952
Long-term investments (of which $58,787 and $0 were carried at fair value) 76,452 81,291
Investments in real estate ventures 142,988 188,131
Restricted assets 6,296 3,488
Goodwill and other intangible assets, net 267,033 267,708
Prepaid pension costs 28,838 27,697
Other assets 52,076 36,786
Total assets 1,346,874 1,328,278
Current liabilities:    
Current portion of notes payable and long-term debt 234,756 33,820
Current portion of fair value of derivatives embedded within convertible debt 12,851 0
Current payments due under the Master Settlement Agreement 129,795 12,384
Current portion of employee benefits 952 952
Income taxes payable, net 5,079 100
Litigation accruals 254 260
Other current liabilities 140,409 157,123
Total current liabilities 524,096 204,639
Notes payable, long-term debt and other obligations, less current portion 1,058,372 1,194,244
Fair value of derivatives embedded within convertible debt 32,273 76,413
Non-current employee benefits 62,659 62,242
Deferred income taxes, net 51,587 58,801
Payments due under the Master Settlement Agreement 16,383 21,479
Litigation accruals 21,224 19,840
Other liabilities 52,730 22,380
Total liabilities 1,819,324 1,660,038
Commitments and contingencies (Note 8)    
Stockholders' deficiency:    
Preferred stock, par value $1.00 per share, 10,000,000 shares authorized 0 0
Common stock, par value $0.10 per share, 250,000,000 shares authorized,140,914,642 and 134,365,424 shares issued and outstanding 14,092 13,437
Accumulated deficit (541,202) (414,785)
Accumulated other comprehensive loss (17,720) (12,571)
Total Vector Group Ltd. stockholders' deficiency (544,830) (413,919)
Non-controlling interest 72,380 82,159
Total stockholders' deficiency (472,450) (331,760)
Total liabilities and stockholders' deficiency $ 1,346,874 $ 1,328,278