Kroger 2012 Annual Report Download - page 91

A-33
THE KROGER CO.
CO N S O L I D A T E D B A L A N C E S H E E T S
(In millions, except par values)
February 2,
2013
January 28,
2012
ASSETS
Current assets
Cash and temporary cash investments ....................................... $ 238 $ 188
Deposits in-transit ....................................................... 955 786
Receivables ............................................................ 1,051 949
FIFO inventory ......................................................... 6,244 6,157
LIFO reserve ........................................................... (1,098) (1,043)
Prepaid and other current assets ........................................... 569 288
Total current assets .................................................... 7,959 7,325
Property, plant and equipment, net .......................................... 14,875 14,464
Goodwill ............................................................... 1,234 1,138
Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 584 549
Total Assets .......................................................... $ 24,652 $ 23,476
LIABILITIES
Current liabilities
Current portion of long-term debt including obligations under capital leases
and financing obligations ............................................... $ 2,734 $ 1,315
Trade accounts payable................................................... 4,524 4,329
Accrued salaries and wages ............................................... 977 1,056
Deferred income taxes ................................................... 284 190
Other current liabilities................................................... 2,538 2,215
Total current liabilities.................................................. 11,057 9,105
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 ................................................... 6,141 6,826
Adjustment related to fair-value of interest rate hedges .......................... 4 24
Long-term debt including obligations under capital leases and financing obligations... 6,145 6,850
Deferred income taxes..................................................... 800 647
Pension and postretirement benefit obligations ................................. 1,291 1,393
Other long-term liabilities .................................................. 1,145 1,515
Total Liabilities........................................................ 20,438 19,510
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 2012 and 2011 ........................................ 959 959
Additional paid-in capital................................................... 3,451 3,427
Accumulated other comprehensive loss ....................................... (753) (844)
Accumulated earnings ..................................................... 9,787 8,571
Common stock in treasury, at cost, 445 shares in 2012 and 398 shares in 2011 ........ (9,237) (8,132)
Total Shareowners’ Equity - The Kroger Co................................... 4,207 3,981
Noncontrolling interests ................................................... 7 (15)
Total Equity .......................................................... 4,214 3,966
Total Liabilities and Equity............................................... $ 24,652 $ 23,476
The accompanying notes are an integral part of the consolidated financial statements.