Kroger 2011 Annual Report Download - page 83

A-28
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 28,
2012
January 29,
2011
ASSETS
Current assets
Cash and temporary cash investments ........................................ $ 188 $ 825
Deposits in-transit ........................................................ 786 666
Receivables ............................................................. 949 845
FIFO inventory .......................................................... 6,157 5,793
LIFO reserve ............................................................ (1,043) (827)
Prepaid and other current assets ............................................ 288 319
Total current assets ..................................................... 7,325 7,621
Property, plant and equipment, net ........................................... 14,464 14,147
Goodwill ................................................................ 1,138 1,140
Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 549 597
Total Assets ........................................................... $23,476 $23,505
LIABILITIES
Current liabilities
Current portion of long-term debt including obligations under capital leases
and financing obligations ................................................ $ 1,315 $ 588
Trade accounts payable.................................................... 4,329 4,227
Accrued salaries and wages ................................................ 1,056 888
Deferred income taxes .................................................... 190 220
Other current liabilities.................................................... 2,215 2,147
Total current liabilities................................................... 9,105 8,070
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 .................................................... 6,826 7,247
Adjustment related to fair-value of interest rate hedges ........................... 24 57
Long-term debt including obligations under capital leases and financing obligations ... 6,850 7,304
Deferred income taxes...................................................... 647 750
Pension and postretirement benefit obligations .................................. 1,393 946
Other long-term liabilities ................................................... 1,515 1,137
Total Liabilities......................................................... 19,510 18,207
Commitments and contingencies (see Note 11)
SHAREOWNERS’ EQUITY
Preferred shares, $100 par per share, 5 shares authorized and unissued............... ——
Common shares, $1 par per share, 1,000 shares authorized;
959 shares issued in 2011 and 2010 .......................................... 959 959
Additional paid-in capital.................................................... 3,427 3,394
Accumulated other comprehensive loss ........................................ (844) (550)
Accumulated earnings ...................................................... 8,571 8,225
Common stock in treasury, at cost, 398 shares in 2011 and 339 shares in 2010 ......... (8,132) (6,732)
Total Shareowners’ Equity - The Kroger Co.................................... 3,981 5,296
Noncontrolling interests .................................................... (15) 2
Total Equity ........................................................... 3,966 5,298
Total Liabilities and Equity................................................ $23,476 $23,505
The accompanying notes are an integral part of the consolidated financial statements.