Home Depot 2006 Annual Report Download - page 45

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THE HOME DEPOT, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
January 28, January 29,
amounts in millions, except per share data 2007 2006
ASSETS
Current Assets:
Cash and Cash Equivalents $ 600 $ 793
Short-Term Investments 14 14
Receivables, net 3,223 2,396
Merchandise Inventories 12,822 11,401
Other Current Assets 1,341 665
Total Current Assets 18,000 15,269
Property and Equipment, at cost:
Land 8,355 7,924
Buildings 15,215 14,056
Furniture, Fixtures and Equipment 7,799 7,073
Leasehold Improvements 1,391 1,207
Construction in Progress 1,123 843
Capital Leases 475 427
34,358 31,530
Less Accumulated Depreciation and Amortization 7,753 6,629
Net Property and Equipment 26,605 24,901
Notes Receivable 343 348
Goodwill 6,314 3,286
Other Assets 1,001 601
Total Assets $52,263 $44,405
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Short-Term Debt $— $ 900
Accounts Payable 7,356 6,032
Accrued Salaries and Related Expenses 1,295 1,068
Sales Taxes Payable 475 488
Deferred Revenue 1,634 1,757
Income Taxes Payable 217 388
Current Installments of Long-Term Debt 18 513
Other Accrued Expenses 1,936 1,560
Total Current Liabilities 12,931 12,706
Long-Term Debt, excluding current installments 11,643 2,672
Other Long-Term Liabilities 1,243 1,172
Deferred Income Taxes 1,416 946
STOCKHOLDERS’ EQUITY
Common Stock, par value $0.05; authorized: 10,000 shares; issued
2,421 shares at January 28, 2007 and 2,401 shares at January 29, 2006;
outstanding 1,970 shares at January 28, 2007 and 2,124 shares at
January 29, 2006 121 120
Paid-In Capital 7,930 7,149
Retained Earnings 33,052 28,943
Accumulated Other Comprehensive Income 310 409
Treasury Stock, at cost, 451 shares at January 28, 2007 and 277 shares
at January 29, 2006 (16,383) (9,712)
Total Stockholders’ Equity 25,030 26,909
Total Liabilities and Stockholders’ Equity $52,263 $44,405
See accompanying Notes to Consolidated Financial Statements.
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