Macy's 2011 Annual Report Download - page 45
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F-5
MACY’S, INC.
CONSOLIDATED BALANCE SHEETS
(millions)
January 28, 2012 January 29, 2011
ASSETS
Current Assets:
Cash and cash equivalents................................................................................................... $ 2,827 $ 1,464
Receivables.......................................................................................................................... 368 338
Merchandise inventories...................................................................................................... 5,117 4,758
Prepaid expenses and other current assets........................................................................... 465 339
Total Current Assets..................................................................................................... 8,777 6,899
Property and Equipment – net .................................................................................................... 8,420 8,813
Goodwill ..................................................................................................................................... 3,743 3,743
Other Intangible Assets – net...................................................................................................... 598 637
Other Assets................................................................................................................................ 557 539
Total Assets................................................................................................................... $ 22,095 $ 20,631
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Short-term debt.................................................................................................................... $ 1,103 $ 454
Merchandise accounts payable............................................................................................ 1,593 1,421
Accounts payable and accrued liabilities ............................................................................ 2,788 2,525
Income taxes........................................................................................................................ 371 182
Deferred income taxes......................................................................................................... 408 409
Total Current Liabilities............................................................................................... 6,263 4,991
Long-Term Debt......................................................................................................................... 6,655 6,971
Deferred Income Taxes............................................................................................................... 1,141 1,200
Other Liabilities.......................................................................................................................... 2,103 1,939
Shareholders’ Equity:
Common stock (414.2 and 423.3 shares outstanding)......................................................... 5 5
Additional paid-in capital.................................................................................................... 5,408 5,696
Accumulated equity............................................................................................................. 4,015 2,990
Treasury stock...................................................................................................................... (2,434)(2,431)
Accumulated other comprehensive loss.............................................................................. (1,061)(730)
Total Shareholders’ Equity........................................................................................... 5,933 5,530
Total Liabilities and Shareholders’ Equity................................................................... $ 22,095 $ 20,631
The accompanying notes are an integral part of these Consolidated Financial Statements.