TJ Maxx 2015 Annual Report Download - page 66

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The TJX Companies, Inc.
CONSOLIDATED BALANCE SHEETS
Fiscal Year Ended
Amounts in thousands
except share amounts
January 30,
2016
January 31,
2015
ASSETS
Current assets:
Cash and cash equivalents $ 2,095,473 $ 2,493,775
Short-term investments 352,313 282,623
Accounts receivable, net 238,072 213,824
Merchandise inventories 3,695,113 3,217,923
Prepaid expenses and other current assets 380,530 356,824
Federal, state, and foreign income taxes recoverable 11,059 12,475
Total current assets 6,772,560 6,577,444
Property at cost:
Land and buildings 1,013,247 888,580
Leasehold costs and improvements 2,943,191 2,780,932
Furniture, fixtures and equipment 5,112,229 4,671,029
Total property at cost 9,068,667 8,340,541
Less accumulated depreciation and amortization 4,931,092 4,472,176
Net property at cost 4,137,575 3,868,365
Non-current deferred income taxes, net 13,831 22,532
Other assets 231,720 210,539
Goodwill and tradenames, net of amortization 343,796 309,870
TOTAL ASSETS $11,499,482 $10,988,750
LIABILITIES
Current liabilities:
Accounts payable $ 2,203,050 $ 2,007,511
Accrued expenses and other current liabilities 2,069,659 1,796,122
Federal, state and foreign income taxes payable 129,521 126,001
Total current liabilities 4,402,230 3,929,634
Other long-term liabilities 881,021 888,137
Non-current deferred income taxes, net 285,102 282,885
Long-term debt 1,624,054 1,623,864
Commitments and contingencies (See Note L and Note N)
SHAREHOLDERS’ EQUITY
Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued ——
Common stock, authorized 1,200,000,000 shares, par value $1, issued and
outstanding 663,495,715 and 684,733,200, respectively 663,496 684,733
Additional paid-in capital ——
Accumulated other comprehensive income (loss) (667,472) (554,385)
Retained earnings 4,311,051 4,133,882
Total shareholders’ equity 4,307,075 4,264,230
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $11,499,482 $10,988,750
The accompanying notes are an integral part of the financial statements.
F-5