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1 SupposeNike, Inc.reported the following plant assets and intangible assets for the year ended May 31, 2014 (in millions): other plant assets $973.5; land $223.4;

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SupposeNike, Inc.reported the following plant assets and intangible assets for the year ended May 31, 2014 (in millions): other plant assets $973.5; land $223.4; patents and trademarks (at cost) $517.2; machinery and equipment $2,039.5; buildings $953; goodwill (at cost) $187.1; accumulated amortization $42.8; and accumulated depreciation $2,334.

Prepare a partial balance sheet for Nike for these items.(List Property, Plant and Equipment in order of Land, Buildings and Equipment.)

NIKE, INC. Partial Balance Sheet As of May 31, 2014 (in millions)
Current AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
Machinery and EquipmentOther Plant AssetsBuildingsAccumulated DepreciationGoodwillPatents and TrademarksAccumulated AmortizationLand $
BuildingsMachinery and EquipmentAccumulated AmortizationAccumulated DepreciationGoodwillLandOther Plant AssetsPatents and Trademarks $
Accumulated AmortizationPatents and TrademarksAccumulated DepreciationGoodwillMachinery and EquipmentLandBuildingsOther Plant Assets
LandOther Plant AssetsMachinery and EquipmentAccumulated DepreciationGoodwillPatents and TrademarksBuildingsAccumulated Amortization
AddLess: Machinery and EquipmentBuildingsGoodwillAccumulated AmortizationPatents and TrademarksLandOther Plant AssetsAccumulated Depreciation
Current AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
Current AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
Machinery and EquipmentPatents and TrademarksAccumulated AmortizationBuildingsLandOther Plant AssetsAccumulated DepreciationGoodwill
Machinery and EquipmentOther Plant AssetsLandBuildingsAccumulated AmortizationAccumulated DepreciationPatents and TrademarksGoodwill $
AddLess: Accumulated DepreciationGoodwillMachinery and EquipmentPatents and TrademarksAccumulated AmortizationLandBuildingsOther Plant Assets
Current AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity

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