Home Depot 2004 Annual Report Download - page 27

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Consolidated Balance Sheets
The Home Depot, Inc. and Subsidiaries
25The Home Depot, Inc.
January 30, February 1,
amounts in millions, except per share data
2005 2004
ASSETS
Current Assets:
Cash and Cash Equivalents $ 506 $ 1,103
Short-Term Investments 1,659 1,749
Receivables, net 1,499 1,097
Merchandise Inventories 10,076 9,076
Other Current Assets 450 303
Total Current Assets 14,190 13,328
Property and Equipment, at cost:
Land 6,932 6,397
Buildings 12,325 10,920
Furniture, Fixtures and Equipment 6,195 5,163
Leasehold Improvements 1,191 942
Construction in Progress 1,404 820
Capital Leases 390 352
28,437 24,594
Less Accumulated Depreciation and Amortization 5,711 4,531
Net Property and Equipment 22,726 20,063
Notes Receivable 369 84
Cost in Excess of the Fair Value of Net Assets Acquired, net of accumulated amortization
of $56 at January 30, 2005 and $54 at February 1, 2004 1,394 833
Other Assets 228 129
TOTAL ASSETS
$38,907 $34,437
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts Payable $5,766 $5,159
Accrued Salaries and Related Expenses 1,055 801
Sales Taxes Payable 412 419
Deferred Revenue 1,546 1,281
Income Taxes Payable 161 175
Current Installments of Long-Term Debt 11 509
Other Accrued Expenses 1,578 1,210
Total Current Liabilities 10,529 9,554
Long-Term Debt, excluding current installments 2,148 856
Other Long-Term Liabilities 763 653
Deferred Income Taxes 1,309 967
STOCKHOLDERS' EQUITY
Common Stock, par value $0.05; authorized: 10,000 shares; issued 2,385 shares
at January 30, 2005 and 2,373 shares at February 1, 2004; outstanding
2,185 shares at January 30, 2005 and 2,257 shares at February 1, 2004 119 119
Paid-In Capital 6,650 6,184
Retained Earnings 23,962 19,680
Accumulated Other Comprehensive Income 227 90
Unearned Compensation (108) (76)
Treasury Stock, at cost, 200 shares at January 30, 2005 and 116 shares at February 1, 2004 (6,692) (3,590)
Total Stockholders' Equity 24,158 22,407
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
$38,907 $34,437
See accompanying Notes to Consolidated Financial Statements.