Nalysis and interpretation of profitability balance sheets and income

Assets     Current Assets     Cash and cash equivalents $ 1,506 $ 795 Accounts receivable, net 2,026 2,035 Merchandise inventories 977 898 Current deferred tax assets, net 236 238 Prepaid expenses and other 79

---

88

---

Total current assets 4,824 4,054 Land, buildings and equipment, net 2,318 2,242 Goodwill 53 53 Other assets 267

---

230

---

Total assets $ 7,462 $ 6,579 Liabilities and Shareholders’ Equity     Current liabilities     Accounts payable $ 846 $ 726 Accrued salaries, wages and related benefits 375 336 Other current liabilities 652 596 Current portion of long-term debt 6

---

356

---

Total current liabilities 1,879 2,014 Long-term debt, net 2,775 2,257 Deferred property incentives, net 495 469 Other liabilities 292 267 Shareholders’ equity     Common stock, no par value 1,168 1,066 Retained earnings 882 525 Accumulated other comprehensive income (loss) (29)

---

(19)

---

Total shareholders’ equity 2,021

---

1,572

---

Total liabilities and shareholders’ equity $ 7,462 $ 6,579