Foot Locker, Inc., a retailer of athletic footwear and apparel, operates 3,785 stores in the United States, Canada, Europe and Asia Pacific. During its fiscal year ended in 2008, Foot Locker purchased merchandise inventory costing \(\$ 4,017\) ( \(\$\) millions). Assume that Foot Locker makes all purchases on credit, and that its accounts payable is only used for inventory purchases. The following T-accounts reflect information contained in the company's fiscal 2007 and 2008 balance sheets ( \(\$\) millions).