Safeway 1997 Annual Report Download - page 24

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Year-End Year-End
(In millions, except share and per-share amounts) 1997 1996
■■■
Liabilities and Stockholders’ Equity
Current liabilities:
Current maturities of notes and debentures $ 277.4 $ 237.3
Current obligations under capital leases 22.0 18.4
Accounts payable 1,391.8 1,153.1
Accrued salaries and wages 310.5 231.2
Other accrued liabilities 536.9 390.0
■■■
Total current liabilities 2,538.6 2,030.0
■■■
Long-term debt:
Notes and debentures 2,817.8 1,568.1
Obligations under capital leases 223.1 160.4
■■■
Total long-term debt 3,040.9 1,728.5
Deferred income taxes 297.0 223.8
Accrued claims and other liabilities 468.4 376.1
■■■
Total liabilities 6,344.9 4,358.4
■■■
Commitments and contingencies
Stockholders’ equity:
Common stock: par value $0.01 per share;
750 shares authorized; 537.4 and 442.8 shares outstanding 5.3 4.4
Additional paid-in capital 2,467.4 748.1
Cumulative translation adjustments 0.6 12.0
Retained earnings 1,315.0 745.0
■■■
3,788.3 1,509.5
Less: Treasury stock at cost; 61.2 shares in 1997 (1,316.6) –
Unexercised warrants purchased (322.7) (322.7)
■■■
Total stockholders’ equity 2,149.0 1,186.8
■■■
Total liabilities and stockholders’ equity $8,493.9 $5,545.2
■■■
See accompanying notes to consolidated financial statements.
21
SAFEWAY INC. AND SUBSIDIARIES