Nordstrom 2005 Annual Report Download - page 37

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Nordstrom, Inc. and subsidiaries 29
Nordstrom, Inc.
Consolidated Balance Sheets
Amounts in thousands
January 28, 2006 January 29, 2005
Assets
Current assets:
Cash and cash equivalents $462,656 $360,623
Short-term investments 54,000 41,825
Accounts receivable, net 639,558 645,663
Investment in asset backed securities 561,136 422,416
Merchandise inventories 955,978 917,182
Current deferred tax assets 145,470 131,547
Prepaid expenses and other 55,359 53,188
Total current assets 2,874,157 2,572,444
Land, buildings and equipment, net 1,773,871 1,780,366
Goodwill 51,714 51,714
Acquired tradename 84,000 84,000
Other assets 137,607 116,866
Total assets $4,921,349 $4,605,390
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable $540,019 $482,394
Accrued salaries, wages and related benefits 285,982 287,904
Other current liabilities 409,076 354,201
Income taxes payable 81,617 115,556
Current portion of long-term debt 306,618 101,097
Total current liabilities 1,623,312 1,341,152
Long-term debt, net 627,776 929,010
Deferred property incentives, net 364,382 367,087
Other liabilities 213,198 179,147
Shareholders’ equity:
Common stock, no par value: 1,000,000 shares authorized;
269,549 and 271,331 shares issued and outstanding 685,934 552,655
Unearned stock compensation (327) (299)
Retained earnings 1,404,366 1,227,303
Accumulated other comprehensive earnings 2,708 9,335
Total shareholders’ equity 2,092,681 1,788,994
Total liabilities and shareholders’ equity $4,921,349 $4,605,390
The accompanying Notes to Consolidated Financial Statements are an integral part of these financial statements.