ASSETS 2008
Cash and short-term investments . . . . . . . . . . . . . . . . . . . . . . . . . .$138,103
Long-term investments at market . . . . . . . . . . . . . . . . . . . . . . . . . . .358,894
Accounts receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .46,446
Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,701
Assets whoseuseislimited ................................. 7,090
Studentloansreceivable, net ............................... 11,214
Land, buildings and equipment, net . . . . . . . . . . . . . . . . . . . . . . . . .295,887
9,774
235,975
Accounts payable and accrued expenses. . . . . . . . . . . . . . . . . . . . . $41,256
Deposits and deferred revenue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,424
Long-term obligations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 224,437
Otherliabilities .......................................... 17,166
$307,635
520,551
$828,186
$301,488
432,054
$733,542
Endowment vs. Long-Term Debt ($ in millions)
400
Net Assets ($ in millions)
1000
350
300
800
250
200
150
600
400
100
50
200
0
0
2004
($) 184
($) 207
2005
177
239
2006
221
279
2007
215
336
2008
208
355
2006
($) 734
($) 432
2007
828
521
2008
867
570
Long-Term Debt ($)
Endowment ($)
Total Assets ($)
Total Net Assets ($)
