Walmart 2008 Annual Report Download - page 31

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Consolidated Balance Sheets
January 31,
(Amounts in millions except per share data) 2008 2007
Assets
Current assets:
Cash and cash equivalents $ 5,569 $ 7,767
Receivables 3,654 2,840
Inventories 35,180 33,685
Prepaid expenses and other 3,182 2,690
Total current assets 47,585 46,982
Property and equipment, at cost:
Land 19,879 18,612
Buildings and improvements 72,533 64,052
Fixtures and equipment 28,026 25,168
Transportation equipment 2,210 1,966
Property and equipment, at cost 122,648 109,798
Less accumulated depreciation (28,773) (24,408)
Property and equipment, net 93,875 85,390
Property under capital lease:
Property under capital lease 5,736 5,392
Less accumulated amortization (2,594) (2,342)
Property under capital lease, net 3,142 3,050
Goodwill 16,071 13,759
Other assets and deferred charges 2,841 2,406
Total assets $163,514 $151,587
Liabilities and shareholders’ equity
Current liabilities:
Commercial paper $ 5,040 $ 2,570
Accounts payable 30,370 28,484
Accrued liabilities 15,799 14,675
Accrued income taxes 1,016 706
Long-term debt due within one year 5,913 5,428
Obligations under capital leases due within one year 316 285
Total current liabilities 58,454 52,148
Long-term debt 29,799 27,222
Long-term obligations under capital leases 3,603 3,513
Deferred income taxes and other 5,111 4,971
Minority interest 1,939 2,160
Commitments and contingencies
Shareholders’ equity:
Preferred stock ($0.10 par value; 100 shares authorized, none issued) — —
Common stock ($0.10 par value; 11,000 shares authorized, 3,973 and 4,131 issued
and outstanding at January 31, 2008 and January 31, 2007, respectively) 397 413
Capital in excess of par value 3,028 2,834
Retained earnings 57,319 55,818
Accumulated other comprehensive income 3,864 2,508
Total shareholders’ equity 64,608 61,573
Total liabilities and shareholders’ equity $163,514 $151,587
See accompanying notes.
WAL-MART 2008 ANNUAL REPORT 29