Staples 2015 Annual Report Download - page 120
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C-3 STAPLES Form 10-K
APPENDIX C
STAPLES, INC. AND SUBSIDIARIES
Consolidated Balance Sheets
(Dollar Amounts in Millions, Except Share Data)
See notes to consolidated financial statements.
January 30, 2016 January 31, 2015
ASSETS
Current assets:
Cash and cash equivalents $825 $627
Receivables, net 1,899 1,928
Merchandise inventories, net 2,078 2,144
Prepaid expenses and other current assets 310 252
Total current assets 5,112 4,951
Property and equipment:
Land and buildings 908 948
Leasehold improvements 1,184 1,231
Equipment 2,902 2,825
Furniture and fixtures 967 1,016
Total property and equipment 5,961 6,020
Less: Accumulated depreciation 4,375 4,314
Net property and equipment 1,586 1,706
Intangible assets, net of accumulated amortization 274 335
Goodwill 2,653 2,680
Other assets 547 636
Total assets $10,172 $10,308
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable $1,894 $1,867
Accrued expenses and other current liabilities 1,353 1,330
Debt maturing within one year 17 92
Total current liabilities 3,264 3,289
Long-term debt, net of current maturities 1,018 1,018
Other long-term obligations 506 688
Stockholders’ equity:
Preferred stock, $.01 par value, 5,000,000 shares authorized; no shares issued — —
Common stock, $.0006 par value, 2,100,000,000 shares authorized; issued
and outstanding 946,964,792 and 645,723,603 shares at January 30, 2016 and
941,561,541 shares and 640,320,352 shares at January 31, 2015, respectively 1 1
Additional paid-in capital 5,010 4,935
Accumulated other comprehensive loss (1,116) (1,041)
Retained earnings 6,900 6,829
Less: Treasury stock at cost, 301,241,189 shares at January 30, 2016 and January 31, 2015 (5,419) (5,419)
Total Staples, Inc. stockholders’ equity 5,376 5,305
Noncontrolling interests 8 8
Total stockholders’ equity 5,384 5,313
Total liabilities and stockholders’ equity $10,172 $10,308