Target 2013 Annual Report Download - page 42

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37
Consolidated Statements of Financial Position
(millions, except footnotes) February 1,
2014 February 2,
2013
Assets
Cash and cash equivalents, including short-term investments of $3 and $130 $ 695 $ 784
Credit card receivables, held for sale —5,841
Inventory 8,766 7,903
Other current assets 2,112 1,860
Total current assets 11,573 16,388
Property and equipment
Land 6,234 6,206
Buildings and improvements 30,356 28,653
Fixtures and equipment 5,583 5,362
Computer hardware and software 2,764 2,567
Construction-in-progress 843 1,176
Accumulated depreciation (14,402) (13,311)
Property and equipment, net 31,378 30,653
Other noncurrent assets 1,602 1,122
Total assets $ 44,553 $ 48,163
Liabilities and shareholders' investment
Accounts payable $ 7,683 $ 7,056
Accrued and other current liabilities 3,934 3,981
Current portion of long-term debt and other borrowings 1,160 2,994
Total current liabilities 12,777 14,031
Long-term debt and other borrowings 12,622 14,654
Deferred income taxes 1,433 1,311
Other noncurrent liabilities 1,490 1,609
Total noncurrent liabilities 15,545 17,574
Shareholders' investment
Common stock 53 54
Additional paid-in capital 4,470 3,925
Retained earnings 12,599 13,155
Accumulated other comprehensive loss
Pension and other benefit liabilities (422) (532)
Currency translation adjustment and cash flow hedges (469) (44)
Total shareholders' investment 16,231 16,558
Total liabilities and shareholders' investment $ 44,553 $ 48,163
Common Stock Authorized 6,000,000,000 shares, $0.0833 par value; 632,930,740 shares issued and outstanding at February 1, 2014; 645,294,423
shares issued and outstanding at February 2, 2013.
Preferred Stock Authorized 5,000,000 shares, $0.01 par value; no shares were issued or outstanding at February 1, 2014 or February 2, 2013.
See accompanying Notes to Consolidated Financial Statements.