Analyzing Inventory Disclosure Comparing LIFO and FIFO urrent asset section of the 2014 and 2013 fiscal year end balance sheets of The Kroger Co. are The c presented in the accompanying table: January 31, 2015 February 1, 2014 (S millions) Current assets Cash and temporary cash investments..... . . .. .. Deposits in-transit . Receivables . FIFO inventory $401 958 1,116 6,801 (1,150) 704 $8,830 988 1,266 6,933 (1,245) 701 Prepaid and other current assets. . . . . . . ..$8,911 In addition, Kroger provides the following footnote describing its inventory accounting policy (as- sume the following is their complete disclosure)