Foot Locker 2009 Annual Report Download - page 48

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CONSOLIDATED BALANCE SHEETS
2009 2008
(in millions)
ASSETS
Current assets
Cash and cash equivalents ....................................... $ 582 $ 385
Short-term investments ......................................... 7 23
Merchandise inventories......................................... 1,037 1,120
Other current assets ........................................... 146 236
1,772 1,764
Property and equipment, net ...................................... 387 432
Deferred taxes ................................................ 362 358
Goodwill .................................................... 145 144
Other intangible assets, net ....................................... 99 113
Other assets ................................................. 51 66
$2,816 $2,877
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable ............................................. $ 215 $ 187
Accrued and other liabilities ...................................... 218 231
433 418
Long-term debt ............................................... 138 142
Other liabilities ............................................... 297 393
Total liabilities ............................................... 868 953
Shareholders’ equity ............................................ 1,948 1,924
$2,816 $2,877
See Accompanying Notes to Consolidated Financial Statements.
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