“Lucent Technologies design and deliver the systems, software and services that drive communication networks for the next-generation.” (Axia College, 2007) Lucent Technologies are also backed by Bell Labs research and development. Lucent Technologies customer base includes communication service providers, governments and enterprises all around the world. There are three segments that Lucent Technologies specializes in, Integrated Network Solutions (“INS”), Mobility Solutions (Mobility) and Lucent Worldwide Services (Services). INS is software that has a broad range and is related to voice messaging products, data and network management and optical networking. The Mobility segment specializes in wireless equipment and software to support radio access. The Services segment provides deployment, maintenance and support in their products. In 2001 through 2003, Lucent Technologies had a decrease in capital spending due to the economic slowdown. 2004 appears to be more profitable then the previous years. When looking at the common-sized balance sheet the total current assets of the company have gone down about .9%. Lucent Technologies had a pick up in marketable securities, other current assets and inventories. The decrease in assets came from the less cash on hand in 2004 and the amount of receivables received in 2004. The low receivables could be from customers slow paying due to the economic downfall they faced recently. Under total current liabilities the company has had some improvement sense 2003. In 2003 the total current liability for Lucent Technologies was 31% and in 2004 the total current liability was 26.3 percent. There is 4.7% less liability in 2004 than in 2003 on the common-sized balance sheet. The decrease in current liability is from accounts payable,
