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a. The company's finance lease assets are listed at 1.18 million. What was the original amount recorded for these specific right-of-use assets when the leases
a. The company's finance lease assets are listed at 1.18 million. What was the original amount recorded for these specific right-of-use assets when the leases commenced
b. use the statement of cash flows. write the entry for the acquisition of assets by operating lease for the year end 2/1/2020.
Consolidated Statements of Cash Flows \begin{tabular}{|c|c|c|c|c|} \hline (millions) & & 2020 & 2019 & 2018 \\ \hline \multicolumn{5}{|l|}{ Operating activities } \\ \hline Net earnings & $ & 4,368$ & 3,281$ & 2,937 \\ \hline Earnings from discontinued operations, net of tax & & - & 12 & 7 \\ \hline Net earnings from continuing operations & & 4,368 & 3,269 & 2,930 \\ \hline \multicolumn{5}{|l|}{ Adjustments to reconcile net earnings to cash provided by operations: } \\ \hline Depreciation and amortization & & 2,485 & 2,604 & 2,474 \\ \hline Share-based compensation expense & & 200 & 147 & 132 \\ \hline Deferred income taxes & & (184) & 178 & 322 \\ \hline Loss on debt extinguishment & & 512 & 10 & - \\ \hline Noncash losses / (gains) and other, net & & 86 & 29 & 95 \\ \hline \multicolumn{5}{|l|}{ Changes in operating accounts: } \\ \hline Inventory & & (1,661) & 505 & (900) \\ \hline Other assets & & (137) & 18 & (299) \\ \hline Accounts payable & & 2,925 & 140 & 1,127 \\ \hline Accrued and other liabilities & & 1,931 & 199 & 89 \\ \hline Cash provided by operating activities-continuing operations & & 10,525 & 7,099 & 5,970 \\ \hline Cash provided by operating activities-discontinued operations & & - & 18 & 3 \\ \hline Cash provided by operations & & 10,525 & 7,117 & 5,973 \\ \hline \multicolumn{5}{|l|}{ Investing activities } \\ \hline Expenditures for property and equipment & & (2,649) & (3,027) & (3,516) \\ \hline Proceeds from disposal of property and equipment & & 42 & 63 & 85 \\ \hline Other investments & & 16 & 20 & 15 \\ \hline Cash required for investing activities & & (2,591) & (2,944) & (3,416) \\ \hline \multicolumn{5}{|l|}{ Financing activities } \\ \hline Additions to long-term debt & & 2,480 & 1,739 & - \\ \hline Reductions of long-term debt & & (2,415) & (2,069) & (281) \\ \hline Dividends paid & & (1,343) & (1,330) & (1,335) \\ \hline Repurchase of stock & & (745) & (1,565) & (2,124) \\ \hline Stock option exercises & & 23 & 73 & 96 \\ \hline Cash required for financing activities & & (2,000) & (3,152) & (3,644) \\ \hline Net increase / (decrease) in cash and cash equivalents & & 5,934 & 1,021 & (1,087) \\ \hline Cash and cash equivalents at beginning of period & & 2,577 & 1,556 & 2,643 \\ \hline Cash and cash equivalents at end of period & $ & 8,511$ & 2,577$ & 1,556 \\ \hline \multicolumn{5}{|l|}{ Supplemental information } \\ \hline Interest paid, net of capitalized interest & $ & 939$ & 492$ & 476 \\ \hline Income taxes paid & & 1,031 & 696 & 373 \\ \hline Leased assets obtained in exchange for new finance lease liabilities & & 428 & 379 & 130 \\ \hline Leased assets obtained in exchange for new operating lease liabilities & & 262 & 464 & 246 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|} \hline Leases(millions) & Classification & \multicolumn{2}{|c|}{January30,2021} & \multicolumn{2}{|c|}{February1,2020} \\ \hline \multicolumn{6}{|l|}{ Assets } \\ \hline Operating & Operating Lease Assets & $ & 2,227 & $ & 2,236 \\ \hline Finance & BuildingsandImprovements,netofAccumulatedDepreciation(a) & & 1,504 & & 1,180 \\ \hline Total leased assets & & $ & 3,731 & $ & 3,416 \\ \hline \multicolumn{6}{|l|}{ Liabilities } \\ \hline \multicolumn{6}{|l|}{ Current } \\ \hline Operating & Accrued and Other Current Liabilities & $ & 211 & $ & 200 \\ \hline Finance & Current Portion of Long-term Debt and Other Borrowings & & 88 & & 67 \\ \hline \multicolumn{6}{|l|}{ Noncurrent } \\ \hline Operating & Noncurrent Operating Lease Liabilities & & 2,218 & & 2,275 \\ \hline Finance & Long-term Debt and Other Borrowings & & 1,766 & & 1,303 \\ \hline Total lease liabilities & & $ & 4,283 & $ & 3,845 \\ \hline \end{tabular} Note: We use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. (a) Finance lease assets are recorded net of accumulated amortization of \$550 million and $441 million as of January 30, 2021, and February 1, 2020, respectively. \begin{tabular}{|c|c|c|c|c|c|} \hline LeaseCost(millions) & Classification & & 2020 & 2019 & 2018 \\ \hline Operating lease cost (a) & SG\&A Expenses & $ & 332$ & 287$ & 251 \\ \hline \multicolumn{6}{|l|}{ Finance lease cost } \\ \hline Amortization of leased assets & Depreciation and Amortization (b) & & 105 & 82 & 65 \\ \hline Interest on lease liabilities & Net Interest Expense & & 62 & 51 & 42 \\ \hline Sublease income (c) & Other Revenue & & (15) & (13) & (11) \\ \hline Net lease cost & & $ & 484$ & 407$ & 347 \\ \hline \end{tabular}
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