TJ Maxx 2009 Annual Report Download - page 67

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The TJX Companies, Inc.
Consolidated Balance Sheets
In thousands
January 30,
2010
January 31,
2009
Fiscal Year Ended
ASSETS
Current assets:
Cash and cash equivalents $1,614,607 $ 453,527
Short-term investments 130,636 —
Accounts receivable, net 148,126 143,500
Merchandise inventories 2,532,318 2,619,336
Prepaid expenses and other current assets 255,707 274,091
Current deferred income taxes, net 122,462 135,675
Total current assets 4,803,856 3,626,129
Property at cost:
Land and buildings 281,527 280,278
Leasehold costs and improvements 1,930,977 1,728,362
Furniture, fixtures and equipment 3,087,419 2,784,316
Total property at cost 5,299,923 4,792,956
Less accumulated depreciation and amortization 3,026,041 2,607,200
Net property at cost 2,273,882 2,185,756
Property under capital lease, net of accumulated amortization of $19,357 and
$17,124, respectively 13,215 15,448
Other assets 193,230 171,381
Goodwill and tradename, net of amortization 179,794 179,528
TOTAL ASSETS $7,463,977 $6,178,242
LIABILITIES
Current liabilities:
Current installments of long-term debt $—$ 392,852
Obligation under capital lease due within one year 2,355 2,175
Accounts payable 1,507,892 1,276,098
Accrued expenses and other current liabilities 1,248,002 1,096,766
Federal, foreign and state income taxes payable 136,737 —
Total current liabilities 2,894,986 2,767,891
Other long-term liabilities 697,099 765,004
Non-current deferred income taxes, net 192,447 127,008
Obligation under capital lease, less portion due within one year 15,844 18,199
Long-term debt, exclusive of current installments 774,325 365,583
Commitments and contingencies ——
SHAREHOLDERS’ EQUITY
Common stock, authorized 1,200,000,000 shares, par value $1, issued and
outstanding 409,386,126 and 412,821,592, respectively 409,386 412,822
Additional paid-in capital ——
Accumulated other comprehensive income (loss) (134,124) (217,781)
Retained earnings 2,614,014 1,939,516
Total shareholders’ equity 2,889,276 2,134,557
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $7,463,977 $6,178,242
The accompanying notes are an integral part of the financial statements.
F-4