Dollar Tree 2013 Annual Report Download - page 48

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32
DOLLAR TREE, INC.
CONSOLIDATED BALANCE SHEETS
(in millions, except share and per share data)
February 1,
2014
February 2,
2013
ASSETS
Current assets:
Cash and cash equivalents $ 267.7 $ 399.9
Merchandise inventories, net 1,035.3 971.7
Current deferred tax assets, net 18.9 22.5
Prepaid expenses and other current assets 56.6 79.4
Total current assets 1,378.5 1,473.5
Property, plant and equipment, net 1,094.0 960.7
Goodwill 169.3 173.3
Deferred tax assets, net 24.1 28.3
Other assets, net 106.0 116.2
TOTAL ASSETS $ 2,771.9 $ 2,752.0
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Current portion of long-term debt $ 12.8 $ 14.3
Accounts payable 393.9 346.5
Other current liabilities 232.3 235.8
Income taxes payable 47.3 79.6
Total current liabilities 686.3 676.2
Long-term debt, excluding current portion 757.0 257.0
Income taxes payable, long-term 5.5 5.6
Other liabilities 152.4 145.9
Total liabilities 1,601.2 1,084.7
Commitments and contingencies
Shareholders' equity:
Common stock, par value $0.01; 600,000,000 shares
authorized, 208,131,669 and 224,584,393 shares
issued and outstanding at February 1, 2014
and February 2, 2013, respectively 2.1 2.2
Additional paid-in capital 10.7 0.3
Accumulated other comprehensive loss (16.9)(1.5)
Retained earnings 1,174.8 1,666.3
Total shareholders' equity 1,170.7 1,667.3
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,771.9 $ 2,752.0
See accompanying Notes to Consolidated Financial Statements