Best Buy 2002 Annual Report Download - page 37

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Best Buy Co., Inc. 35
$ in millions, except per share amounts
March 2, March 3,
Liabilities and Shareholders’ Equity 2002 2001
Current Liabilities
Accounts payable $2,449 $1,773
Accrued compensation and related expenses 253 154
Accrued liabilities 770 546
Accrued income taxes 251 127
Current portion of long-term debt 7115
Total current liabilities 3,730 2,715
Long-Term Liabilities 311 122
Long-Term Debt 813 181
Shareholders’ Equity
Preferred stock, $1.00 par value: Authorized — 400,000 shares;
Issued and outstanding — none ——
Common stock, $.10 par value: Authorized — 1 billion shares;
Issued and outstanding — 319,128,000 and
312,207,000 shares, respectively 31 31
Additional paid-in capital 702 567
Retained earnings 1,794 1,224
Accumulated other comprehensive loss (6) —
Total shareholders’ equity 2,521 1,822
Total Liabilities and Shareholders’ Equity $7,375 $ 4,840
See Notes to Consolidated Financial Statements.