Walmart 2003 Annual Report Download - page 33

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Consolidated Balance Sheets
(Amounts in millions)
January 31, 2003 2002
Assets
Current Assets:
Cash and cash equivalents $ 2,758 $ 2,161
Receivables 2,108 2,000
Inventories
At replacement cost 25,056 22,749
Less LIFO reserve 165 135
Inventories at LIFO cost 24,891 22,614
Prepaid expenses and other 726 1,103
Total Current Assets 30,483 27,878
Property, Plant and Equipment, at Cost:
Land 11,228 10,241
Building and improvements 33,750 28,527
Fixtures and equipment 15,946 14,135
Transportation equipment 1,313 1,089
62,237 53,992
Less accumulated depreciation 13,537 11,436
Net property, plant and equipment 48,700 42,556
Property Under Capital Lease:
Property under capital lease 4,814 4,626
Less accumulated amortization 1,610 1,432
Net property under capital leases 3,204 3,194
Other Assets and Deferred Charges:
Goodwill 9,521 8,566
Other assets and deferred charges 2,777 1,333
Total Assets $ 94,685 $ 83,527
Liabilities and Shareholders’ Equity
Current Liabilities:
Commercial paper $ 1,079 $743
Accounts payable 17,140 15,617
Accrued liabilities 8,945 7,174
Accrued income taxes 739 1,343
Long-term debt due within one year 4,538 2,257
Obligations under capital leases due within one year 176 148
Total Current Liabilities 32,617 27,282
Long-Term Debt 16,607 15,687
Long-Term Obligations Under Capital Leases 3,001 3,045
Deferred Income Taxes and Other 1,761 1,204
Minority Interests 1,362 1,207
Shareholders’ Equity:
Preferred stock ($0.10 par value; 100 shares authorized, none issued)
Common stock ($0.10 par value; 11,000 shares authorized, 4,395
and 4,453 issued and outstanding in 2003 and 2002, respectively) 440 445
Capital in excess of par value 1,482 1,484
Retained earnings 37,924 34,441
Other accumulated comprehensive income (509) (1,268)
Total Shareholders’ Equity 39,337 35,102
Total Liabilities and Shareholders’ Equity $ 94,685 $ 83,527
See accompanying notes.
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