Nordstrom 2001 Annual Report Download - page 19

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20200324 NORDSTROM
2001 Annual Report • VERSION
8.375 x 10.875 • SCITEX • 175 lpi • Kodak 80# Cougar
NORDSTROM INC. AND SUBSIDIARIES 17
Consolidated Balance Sheets
Dollars in thousands
January 31, 2002 2001
Assets
Current assets:
Cash and cash equivalents $331,327 $25,259
Accounts receivable, net 698,475 721,953
Merchandise inventories 888,172 945,687
Prepaid expenses 34,375 28,760
Other current assets 102,249 91,323
Total current assets 2,054,598 1,812,982
Land, buildings and equipment, net 1,761,082 1,599,938
Intangible assets, net 138,331 143,473
Other assets 94,768 52,110
Total assets $4,048,779 $3,608,503
Liabilities and Shareholders’ Equity
Current liabilities:
Notes payable $148 $83,060
Accounts payable 490,988 466,476
Accrued salaries, wages and related benefits 236,373 234,833
Income taxes and other accruals 142,002 153,613
Current portion of long-term debt 78,227 12,586
Total current liabilities 947,738 950,568
Long-term debt 1,351,044 1,099,710
Deferred lease credits 342,046 275,252
Other liabilities 93,463 53,405
Shareholders’ equity:
Common stock, no par:
250,000,000 shares authorized;
134,468,608 and 133,797,757
shares issued and outstanding 341,316 330,394
Unearned stock compensation (2,680) (3,740)
Retained earnings 975,203 900,090
Accumulated other comprehensive earnings 649 2,824
Total shareholders’ equity 1,314,488 1,229,568
Total liabilities and shareholders’ equity $4,048,779 $3,608,503
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.