Kroger 2010 Annual Report Download - page 113

A-33
THE KROGER CO.
CO N S O L I D A T E D BA L A N C E SH E E T S
(In millions, except par values)
January 29,
2011
January 30,
2010
ASSETS
Current assets
Cash and temporary cash investments ..................................... $ 825 $ 424
Deposits in-transit ..................................................... 666 654
Receivables .......................................................... 845 909
FIFO inventory ........................................................ 5,793 5,705
LIFO reserve .......................................................... (827) (770)
Prefunded employee benefits ............................................ —300
Prepaid and other current assets .......................................... 319 261
Total current assets ................................................... 7,621 7,483
Property, plant and equipment, net ......................................... 14,147 13,929
Goodwill .............................................................. 1,140 1,158
Other assets ............................................................ 597 556
Total Assets ......................................................... $ 23,505 $ 23,126
LIABILITIES
Current liabilities
Current portion of long-term debt including obligations under capital leases
and financing obligations .............................................. $ 588 $ 579
Trade accounts payable ................................................. 4,227 3,890
Accrued salaries and wages .............................................. 888 786
Deferred income taxes .................................................. 220 354
Other current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,147 2,118
Total current liabilities ................................................ 8,070 7,727
Long-term debt including obligations under capital leases and financing obligations
Face-value of long-term debt including obligations under capital leases and
financing obligations ................................................. 7,247 7,420
Adjustment related to fair-value of interest rate hedges ........................ 57 57
Long-term debt including obligations under capital leases and financing
obligations ........................................................ 7,304 7,477
Deferred income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 750 568
Pension and postretirement benefit obligations ................................ 946 1,082
Other long-term liabilities ................................................. 1,137 1,346
Total Liabilities ...................................................... 18,207 18,200
Commitments and contingencies (see Note 11)
SHAREOWNERS’ EQUITY
Preferred stock, $100 par per share, 5 shares authorized and unissued ............. ——
Common stock, $1 par per share, 1,000 shares authorized;
959 shares issued in 2010 and 958 shares issued in 2009 ...................... 959 958
Additional paid-in capital ................................................. 3,394 3,361
Accumulated other comprehensive loss ...................................... (550) (593)
Accumulated earnings ................................................... 8,225 7,364
Common stock in treasury, at cost, 339 shares in 2010 and 316 shares in 2009 ....... (6,732) (6,238)
Total Shareowners’ Equity - The Kroger Co. ................................ 5,296 4,852
Noncontrolling interests .................................................. 274
Total Equity ......................................................... 5,298 4,926
Total Liabilities and Equity ............................................. $ 23,505 $ 23,126
The accompanying notes are an integral part of the consolidated financial statements.