Macy's 2014 Annual Report Download - page 53

F-6
MACY’S, INC.
CONSOLIDATED BALANCE SHEETS
(millions)
January 31, 2015 February 1, 2014
ASSETS
Current Assets:
Cash and cash equivalents ............................................................................................ $ 2,246 $ 2,273
Receivables................................................................................................................... 424 438
Merchandise inventories............................................................................................... 5,516 5,557
Prepaid expenses and other current assets.................................................................... 493 420
Total Current Assets.............................................................................................. 8,679 8,688
Property and Equipment – net.............................................................................................. 7,800 7,930
Goodwill .............................................................................................................................. 3,743 3,743
Other Intangible Assets – net............................................................................................... 496 527
Other Assets......................................................................................................................... 743 732
Total Assets............................................................................................................ $ 21,461 $ 21,620
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Short-term debt............................................................................................................. $ 76 $ 463
Merchandise accounts payable ..................................................................................... 1,693 1,691
Accounts payable and accrued liabilities...................................................................... 3,109 2,810
Income taxes................................................................................................................. 296 362
Deferred income taxes.................................................................................................. 362 400
Total Current Liabilities......................................................................................... 5,536 5,726
Long-Term Debt................................................................................................................... 7,265 6,714
Deferred Income Taxes........................................................................................................ 1,081 1,273
Other Liabilities ................................................................................................................... 2,201 1,658
Shareholders’ Equity:
Common stock (340.6 and 364.9 shares outstanding).................................................. 4 4
Additional paid-in capital ............................................................................................. 1,048 2,522
Accumulated equity...................................................................................................... 7,340 6,235
Treasury stock............................................................................................................... (1,942)(1,847)
Accumulated other comprehensive loss ....................................................................... (1,072)(665)
Total Shareholders’ Equity.................................................................................... 5,378 6,249
Total Liabilities and Shareholders’ Equity............................................................ $ 21,461 $ 21,620
The accompanying notes are an integral part of these Consolidated Financial Statements.