Home Depot 1999 Annual Report Download - page 27

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Consolidated Balance Sheets
The Home Depot, Inc. and Subsidiaries
amounts in millions, except share data
January 30, January 31,
2000 1999
Assets
Current Assets:
Cash and Cash Equivalents $ 168 $62
Short-Term Investments, including current maturities of long-term investments 2–
Receivables, net 587 469
Merchandise Inventories 5,489 4,293
Other Current Assets 144 109
Total Current Assets 6,390 4,933
Property and Equipment, at cost:
Land 3,248 2,739
Buildings 4,834 3,757
Furniture, Fixtures and Equipment 2,279 1,761
Leasehold Improvements 493 419
Construction in Progress 791 540
Capital Leases (notes 2 and 5) 245 206
11,890 9,422
Less Accumulated Depreciation and Amortization 1,663 1,262
Net Property and Equipment 10,227 8,160
Long-Term Investments 15 15
Notes Receivable 48 26
Cost in Excess of the Fair Value of Net Assets Acquired, net of accumulated amortization
of $33 at January 30, 2000 and $24 at January 31, 1999 311 268
Other 90 63
$ 17,081 $ 13,465
Liabilities and Stockholders’ Equity
Current Liabilities:
Accounts Payable $ 1,993 $ 1,586
Accrued Salaries and Related Expenses 541 395
Sales Taxes Payable 269 176
Other Accrued Expenses 763 586
Income Taxes Payable 61 100
Current Installments of Long-Term Debt (notes 2 and 5) 29 14
Total Current Liabilities 3,656 2,857
Long-Term Debt, excluding current installments (notes 2 and 5) 750 1,566
Other Long-Term Liabilities 237 208
Deferred Income Taxes (note 3) 87 85
Minority Interest 10 9
Stockholders’ Equity
(notes 2, 4 and 6)
Common Stock, par value $0.05. Authorized: 5,000,000,000 shares; issued and outstanding –
2,304,317,000 shares at January 30, 2000 and 2,213,178,000 shares at January 31, 1999 115 111
Paid-In Capital 4,319 2,817
Retained Earnings 7,941 5,876
Accumulated Other Comprehensive Income (27) (61)
12,348 8,743
Less Shares Purchased for Compensation Plans (notes 4 and 6) 73
Total Stockholders’ Equity 12,341 8,740
Commitments and Contingencies (notes 5 and 9)
$ 17,081 $ 13,465
See accompanying notes to consolidated financial statements.
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