Albertsons 2006 Annual Report Download - page 54

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SUPERVALU INC. and Subsidiaries
CONSOLIDATED BALANCE SHEETS
(In thousands, except per share data)
February 25,
2006
February 26,
2005
ASSETS
Current assets
Cash and cash equivalents $ 686,099 $ 463,915
Receivables, less allowance for losses of $15,732 in 2006 and $22,523 in 2005 439,168 464,249
Inventories 954,200 1,032,034
Other current assets 88,573 161,922
Total current assets 2,168,040 2,122,120
Long-term notes receivable, less allowance for losses of $11,360 in 2006 and $11,240 in 2005 31,781 35,115
Long-term investment in direct financing leases 34,121 53,436
Property, plant and equipment
Land 130,694 154,548
Buildings 1,175,920 1,114,863
Property under construction 60,100 18,522
Leasehold improvements 427,620 453,130
Equipment 1,849,073 1,727,094
Assets under capital leases 452,046 554,426
4,095,453 4,022,583
Less accumulated depreciation and amortization 2,126,581 1,831,695
Net property, plant and equipment 1,968,872 2,190,888
Goodwill 1,613,603 1,627,847
Other assets 221,854 244,556
Total assets $6,038,271 $6,273,962
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable $1,031,482 $1,106,860
Accrued vacation, compensation and benefits 230,319 240,862
Current maturities of long-term debt 74,650 64,320
Current obligations under capital leases 37,071 35,143
Income taxes currently payable 23,120 52,208
Other current liabilities 110,027 127,818
Total current liabilities 1,506,669 1,627,211
Long-term debt 974,460 1,051,888
Long-term obligations under capital leases 431,511 526,979
Deferred income taxes 53,704 150,654
Other liabilities 452,474 406,669
Commitments and contingencies
Stockholders’ equity
Common stock, $1.00 par value: Authorized 400,000 shares
Shares issued, 150,670 in 2006 and 2005 150,670 150,670
Capital in excess of par value 132,717 116,047
Accumulated other comprehensive losses (128,227) (104,581)
Retained earnings 2,776,896 2,658,012
Treasury stock, at cost, 14,233 shares in 2006 and 15,192 shares in 2005 (312,603) (309,587)
Total stockholders’ equity 2,619,453 2,510,561
Total liabilities and stockholders’ equity $6,038,271 $6,273,962
See Notes to Consolidated Financial Statements.
F-9