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Balance Sheet ($ millions, except footnotes) February 3, 2007 January 28, 2006 Property and equipment , net 21,431 19,038 Other noncurrent assets 1,212 1,552 Total
Balance Sheet ($ millions, except footnotes) February 3, 2007 January 28, 2006 Property and equipment , net 21,431 19,038 Other noncurrent assets 1,212 1,552 Total assets $ 37,349 $ 34,995 Liabilities and shareholders ' investment Accounts payable $ 6,575 $ 6,268 Accrued and other current liabilities 3, 180 2,567 Current portion of long-term debt and notes payable 1,362 753 Total current liabilities 11,117 9,588 Long-term debt 8,675 9,119 Deferred income taxes 577 851 Other noncurrent liabilities 1,347 1,232 Shareholders 'investment Common stock 72 73 Additional paid -in-capital 2,387 2,121 Retained earnings 13,417 12,013 Accumulated other comprehensive income (loss ) (243 ) (2) Total shareholders 'investment 15,633 14,205 Total liabilities and shareholders 'equity $ 37,349 $ 34,995 (a) Compute net operating profit after tax (NOPAT) for 2007. Assume that the combined federal and statutory rate is: 39 %. (Round your answer to the nearest whole number .) 2007 NOPAT = 3,136 ($ millions )
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