Home Depot 2007 Annual Report Download - page 50

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THE HOME DEPOT, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
amounts in millions, except share and per share data
February 3,
2008
January 28,
2007
ASSETS
Current Assets:
Cash and Cash Equivalents
$
445
$
600
Short
-
Term Investments
12
14
Receivables, net
1,259
3,223
Merchandise Inventories
11,731
12,822
Other Current Assets
1,227
1,341
Total Current Assets
14,674
18,000
Property and Equipment, at cost:
Land
8,398
8,355
Buildings
16,642
15,215
Furniture, Fixtures and Equipment
8,050
7,799
Leasehold Improvements
1,390
1,391
Construction in Progress
1,435
1,123
Capital Leases
497
475
36,412
34,358
Less Accumulated Depreciation and Amortization
8,936
7,753
Net Property and Equipment
27,476
26,605
Notes Receivable
342
343
Goodwill
1,209
6,314
Other Assets
623
1,001
Total Assets
$
44,324
$
52,263
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Short
-
Term Debt
$
1,747
$
—
Accounts Payable
5,732
7,356
Accrued Salaries and Related Expenses
1,094
1,307
Sales Taxes Payable
445
475
Deferred Revenue
1,474
1,634
Income Taxes Payable
60
217
Current Installments of Long
-
Term Debt
300
18
Other Accrued Expenses
1,854
1,924
Total Current Liabilities
12,706
12,931
Long
-
Term Debt, excluding current installments
11,383
11,643
Other Long
-
Term Liabilities
1,833
1,243
Deferred Income Taxes
688
1,416
Total Liabilities
26,610
27,233
STOCKHOLDERS' EQUITY
Common Stock, par value $0.05; authorized: 10 billion shares; issued
1.698 billion shares at February 3, 2008 and 2.421 billion shares at
January 28, 2007; outstanding 1.690 billion shares at February 3, 2008 and
1.970 billion shares at January 28, 2007
85
121
Paid
-
In Capital
5,800
7,930
Retained Earnings
11,388
33,052
Accumulated Other Comprehensive Income
755
310
Treasury Stock, at cost, 8 million shares at February 3, 2008 and 451 million
shares at January 28, 2007
(314
)
(16,383
)