FINANCIAL INFORMATION

FINANCIAL INFORMATION

In millions of USD (except for per share items)

Copyright Thomson Reuters Corporation

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 322,414 $ 301,353
Investment securities at fair value 145,226 150,489
Accounts receivable - trade, net 30,836 29,481
Inventories 86,176 89,790
Income taxes receivable, net 9,126 11,217
Restricted assets 5,135 10,258
Other current assets 30,099 21,121
Total current assets 629,012 613,709
Property, plant and equipment, net 85,833 85,516
Investments in real estate, net 24,781 23,952
Long-term investments ($72,524 and $0 carried at fair value) 93,536 81,291
Investments in real estate ventures 151,364 188,131
Restricted assets 6,356 3,488
Goodwill and other intangible assets, net 267,455 267,708
Prepaid pension costs 28,458 27,697
Other assets 47,116 36,786
Total assets 1,333,911 1,328,278
Current liabilities:    
Current portion of notes payable and long-term debt 214,641 33,820
Current portion of fair value of derivatives embedded within convertible debt 18,930 0
Current payments due under the Master Settlement Agreement 81,144 12,384
Current portion of employee benefits 952 952
Income taxes payable, net 137 100
Litigation accruals 772 260
Other current liabilities 147,531 157,123
Total current liabilities 464,107 204,639
Notes payable, long-term debt and other obligations, less current portion 1,053,023 1,194,244
Fair value of derivatives embedded within convertible debt 36,199 76,413
Non-current employee benefits 62,526 62,242
Deferred income taxes, net 56,637 58,801
Payments due under the Master Settlement Agreement 16,423 21,479
Litigation accruals 20,670 19,840
Other liabilities 53,045 22,380
Total liabilities 1,762,630 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,134,397,090 and 134,365,424 shares issued and outstanding 13,440 13,437
Accumulated deficit (495,637) (414,785)
Accumulated other comprehensive loss (18,038) (12,571)
Total Vector Group Ltd. stockholders' deficiency (500,235) (413,919)
Non-controlling interest 71,516 82,159
Total stockholders' deficiency (428,719) (331,760)
Total liabilities and stockholders' deficiency $ 1,333,911 $ 1,328,278