Kroger 2014 Annual Report Download - page 95

A-30
THE KROGER CO.
CO N S O L I D A T E D B A L A N C E S H E E T S
(In millions, except par values)
January 31,
2015
February 1,
2014
ASSETS
Current assets
Cash and temporary cash investments ....................................... $ 268 $ 401
Store deposits in-transit................................................... 988 958
Receivables ............................................................ 1,266 1,116
FIFO inventory ......................................................... 6,933 6,801
LIFO reserve ........................................................... (1,245) (1,150)
Prepaid and other current assets ........................................... 701 704
Total current assets .................................................... 8,911 8,830
Property, plant and equipment, net .......................................... 17,912 16,893
Intangibles, net .......................................................... 757 702
Goodwill ............................................................... 2,304 2,135
Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 672 721
Total Assets .......................................................... $ 30,556 $ 29,281
LIABILITIES
Current liabilities
Current portion of long-term debt including obligations under capital leases and
financing obligations ................................................... $ 1,885 $ 1,657
Trade accounts payable................................................... 5,052 4,881
Accrued salaries and wages ............................................... 1,291 1,150
Deferred income taxes ................................................... 287 248
Other current liabilities................................................... 2,888 2,769
Total current liabilities.................................................. 11,403 10,705
Long-term debt including obligations under capital leases and financing obligations
Face-value of long-term debt including obligations under capital leases and
financing obligations ................................................... 9,771 9,654
Adjustment to reflect fair-value interest rate hedges ............................ —(1)
Long-term debt including obligations under capital leases and financing obligations ... 9,771 9,653
Deferred income taxes..................................................... 1,209 1,381
Pension and postretirement benefit obligations ................................. 1,463 901
Other long-term liabilities .................................................. 1,268 1,246
Total Liabilities ........................................................ 25,114 23,886
Commitments and contingencies (see Note 13)
SHAREHOLDERS’ EQUITY
Preferred shares, $100 par per share, 5 shares authorized and unissued.............. ——
Common shares, $1 par per share, 1,000 shares authorized;
959 shares issued in 2014 and 2013 ........................................ 959 959
Additional paid-in capital................................................... 3,707 3,549
Accumulated other comprehensive loss ....................................... (812) (464)
Accumulated earnings ..................................................... 12,367 10,981
Common stock in treasury, at cost, 472 shares in 2014 and 451 shares in 2013 ........ (10,809) (9,641)
Total Shareholders’ Equity - The Kroger Co................................. 5,412 5,384
Noncontrolling interests ................................................... 30 11
Total Equity .......................................................... 5,442 5,395
Total Liabilities and Equity............................................... $ 30,556 $ 29,281
The accompanying notes are an integral part of the consolidated financial statements.