Home Depot 2005 Annual Report Download - page 49

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THE HOME DEPOT, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
January 29, January 30,
amounts in millions, except per share data 2006 2005
ASSETS
Current Assets:
Cash and Cash Equivalents $ 793 $ 506
Short-Term Investments 14 1,659
Receivables, net 2,396 1,499
Merchandise Inventories 11,401 10,076
Other Current Assets 742 533
Total Current Assets 15,346 14,273
Property and Equipment, at cost:
Land 7,924 6,932
Buildings 14,056 12,325
Furniture, Fixtures and Equipment 7,073 6,195
Leasehold Improvements 1,207 1,191
Construction in Progress 843 1,404
Capital Leases 427 390
31,530 28,437
Less Accumulated Depreciation and Amortization 6,629 5,711
Net Property and Equipment 24,901 22,726
Notes Receivable 348 369
Cost in Excess of the Fair Value of Net Assets Acquired 3,286 1,394
Other Assets 601 258
Total Assets $44,482 $39,020
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Short-Term Debt $ 900 $—
Accounts Payable 6,032 5,766
Accrued Salaries and Related Expenses 1,176 1,055
Sales Taxes Payable 488 412
Deferred Revenue 1,757 1,546
Income Taxes Payable 388 161
Current Installments of Long-Term Debt 513 11
Other Accrued Expenses 1,647 1,504
Total Current Liabilities 12,901 10,455
Long-Term Debt, excluding current installments 2,672 2,148
Other Long-Term Liabilities 977 871
Deferred Income Taxes 1,023 1,388
STOCKHOLDERS’ EQUITY
Common Stock, par value $0.05; authorized: 10,000 shares; issued
2,401 shares at January 29, 2006 and 2,385 shares at January 30, 2005;
outstanding 2,124 shares at January 29, 2006 and 2,185 shares at
January 30, 2005 120 119
Paid-In Capital 7,287 6,650
Retained Earnings 28,943 23,962
Accumulated Other Comprehensive Income 409 227
Unearned Compensation (138) (108)
Treasury Stock, at cost, 277 shares at January 29, 2006 and 200 shares
at January 30, 2005 (9,712) (6,692)
Total Stockholders’ Equity 26,909 24,158
Total Liabilities and Stockholders’ Equity $44,482 $39,020
See accompanying Notes to Consolidated Financial Statements.
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