Safeway 1997 Annual Report Download - page 23

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Year-End Year-End
(In millions) 1997 1996
■■■
Assets
Current assets:
Cash and equivalents $ 77.2 $ 79.7
Receivables 180.8 160.9
Merchandise inventories, net of LIFO
reserve of $73.1 and $79.2 1,613.2 1,283.3
Prepaid expenses and other current assets 158.5 130.5
■■■
Total current assets 2,029.7 1,654.4
■■■
Property:
Land 722.2 438.3
Buildings 1,719.9 1,286.9
Leasehold improvements 1,247.3 957.2
Fixtures and equipment 2,663.1 2,108.5
Property under capital leases 329.2 278.7
■■■
6,681.7 5,069.6
Less accumulated depreciation and amortization 2,566.4 2,313.2
■■■
Total property, net 4,115.3 2,756.4
Goodwill, net of accumulated amortization of $157.0 and $116.4 1,824.7 312.5
Prepaid pension costs 341.4 328.7
Investments in unconsolidated affiliates 97.7 362.4
Other assets 85.1 130.8
■■■
Total assets $8,493.9 $5,545.2
■■■
SAFEWAY INC. AND SUBSIDIARIES
Consolidated Balance Sheets
20