Safeway 2008 Annual Report Download - page 62

Download and view the complete annual report

Please find page 62 of the 2008 Safeway annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 104

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104

SAFEWAY INC. AND SUBSIDIARIES
Consolidated Balance Sheets
(In millions, except per-share amounts)
Year-end
2008
Year-end
2007
Liabilities and Stockholders’ Equity
Current liabilities:
Current maturities of notes and debentures $ 758.4 $ 954.9
Current obligations under capital leases 40.6 42.5
Accounts payable 2,448.5 2,825.4
Accrued salaries and wages 450.3 506.7
Deferred income taxes 107.2 88.0
Other accrued liabilities 694.2 718.9
Total current liabilities 4,499.2 5,136.4
Long-term debt:
Notes and debentures 4,184.2 4,093.5
Obligations under capital leases 516.6 564.2
Total long-term debt 4,700.8 4,657.7
Deferred income taxes 249.6 254.7
Pension and postretirement benefit obligations 597.2 236.7
Accrued claims and other liabilities 651.7 663.7
Total liabilities 10,698.5 10,949.2
Commitments and contingencies
Stockholders’ equity:
Common stock: par value $0.01 per share; 1,500 shares authorized; 590.7 and
589.3 shares outstanding 5.9 5.9
Additional paid-in capital 4,128.3 4,038.2
Treasury stock at cost: 161.8 and 149.2 shares (4,776.8) (4,418.0)
Accumulated other comprehensive (loss) income (228.7) 246.2
Retained earnings 7,657.5 6,829.5
Total stockholders’ equity 6,786.2 6,701.8
Total liabilities and stockholders’ equity $ 17,484.7 $ 17,651.0
See accompanying notes to consolidated financial statements.
42