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DOLLAR TREE, INC. • 2008 ANNUAL REPORT
29
Consolidated Balance Sheets
January 31, February 2,
(in millions, except share data) 2009 2008
ASSETS
Current assets:
Cash and cash equivalents $364.4 $ 40.6
Short-term investments —40.5
Merchandise inventories 675.8 641.2
Deferred tax assets (Note 3) 7.7 17.3
Prepaid expenses and other current assets 25.3 49.2
Total current assets 1,073.2 788.8
Property, plant and equipment, net (Note 2) 710.3 743.6
Goodwill (Note 10) 133.3 133.3
Deferred tax assets (Note 3) 33.0 38.7
Other assets, net (Notes 8 and 11) 85.9 83.3
TOTAL ASSETS $2,035.7 $1,787.7
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt (Note 5) $17.6 $ 18.5
Accounts payable 192.9 200.4
Other current liabilities (Note 2) 152.5 143.6
Income taxes payable (Note 3) 46.9 43.4
Total current liabilities 409.9 405.9
Long-term debt, excluding current portion (Note 5) 250.0 250.0
Income taxes payable, long-term (Note 3) 14.7 55.0
Other liabilities (Notes 2, 6 and 8) 107.9 88.4
Total liabilities 782.5 799.3
Commitments, contingencies and subsequent events (Note 4)
Shareholders’ equity (Notes 6, 7 and 9):
Common stock, par value $0.01. 300,000,000 shares authorized,
90,771,397 and 89,784,776 shares issued and outstanding at
January 31, 2009 and February 2, 2008, respectively 0.9 0.9
Additional paid-in capital 38.0 —
Accumulated other comprehensive income (loss) (2.6) 0.1
Retained earnings 1,216.9 987.4
Total shareholders’ equity 1,2 5 3.2 988.4
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $2,035.7 $1,787.7
See accompanying Notes to Consolidated Financial Statements.