Walmart 2002 Annual Report Download - page 27

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25
(Amounts in millions)
January 31, 2002 2001
Assets
Current Assets
Cash and cash equivalents $ 2,161 $ 2,054
Receivables 2,000 1,768
Inventories
At replacement cost 22,749 21,644
Less LIFO reserve 135 202
Inventories at LIFO cost 22,614 21,442
Prepaid expenses and other 1,471 1,291
Total Current Assets 28,246 26,555
Property, Plant and Equipment, at Cost
Land 10,241 9,433
Building and improvements 28,527 24,537
Fixtures and equipment 14,135 12,964
Transportation equipment 1,089 879
53,992 47,813
Less accumulated depreciation 11,436 10,196
Net property, plant and equipment 42,556 37,617
Property Under Capital Lease
Property under capital lease 4,626 4,620
Less accumulated amortization 1,432 1,303
Net property under capital leases 3,194 3,317
Other Assets and Deferred Charges
Net goodwill and other acquired intangible assets 8,595 9,059
Other assets and deferred charges 860 1,582
Total Assets $ 83,451 $ 78,130
Liabilities and Shareholders’ Equity
Current Liabilities
Commercial paper $ 743 $ 2,286
Accounts payable 15,617 15,092
Accrued liabilities 7,174 6,355
Accrued income taxes 1,343 841
Long-term debt due within one year 2,257 4,234
Obligations under capital leases due within one year 148 141
Total Current Liabilities 27,282 28,949
Long-Term Debt 15,687 12,501
Long-Term Obligations Under Capital Leases 3,045 3,154
Deferred Income Taxes and Other 1,128 1,043
Minority Interest 1,207 1,140
Shareholders’ Equity
Preferred stock ($0.10 par value; 100 shares authorized, none issued)
Common stock ($0.10 par value; 11,000 shares authorized, 4,453
and 4,470 issued and outstanding in 2002 and 2001, respectively) 445 447
Capital in excess of par value 1,484 1,411
Retained earnings 34,441 30,169
Other accumulated comprehensive income (1,268) (684)
Total Shareholders’ Equity 35,102 31,343
Total Liabilities and Shareholders’ Equity $ 83,451 $ 78,130
See accompanying notes.
Consolidated Balance Sheets