Nordstrom 2013 Annual Report Download - page 37

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Nordstrom, Inc. and subsidiaries 37
Nordstrom, Inc.
Consolidated Balance Sheets
In millions
February 1, 2014 February 2, 2013
Assets
Current assets:
Cash and cash equivalents $1,194 $1,285
Accounts receivable, net 2,177 2,129
Merchandise inventories 1,531 1,360
Current deferred tax assets, net 239 227
Prepaid expenses and other 87 80
Total current assets 5,228 5,081
Land, buildings and equipment, net 2,949 2,579
Goodwill 175 175
Other assets 222 254
Total assets $8,574 $8,089
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable $1,263 $1,011
Accrued salaries, wages and related benefits 395 404
Other current liabilities 876 804
Current portion of long-term debt 77
Total current liabilities 2,541 2,226
Long-term debt, net 3,106 3,124
Deferred property incentives, net 498 485
Other liabilities 349 341
Commitments and contingencies
Shareholders’ equity:
Common stock, no par value: 1,000 shares authorized; 191.2 and 197.0 shares issued and
outstanding 1,827 1,645
Retained earnings 292 315
Accumulated other comprehensive loss (39) (47)
Total shareholders’ equity 2,080 1,913
Total liabilities and shareholders’ equity $8,574 $8,089
The accompanying Notes to Consolidated Financial Statements are an integral part of these financial statements.
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