Below is a Balance Sheet for a company:
In looking at year 2019 of the balance sheet, as an example, I'm finding it difficult in checking whether company assets =liability + Stock Holders Equity. Can you break down this equation to explain it if it does or doesn't? I thought it was suppose to always be balanced.
Annuals Balance Sheet 5 Years/Quarters Show Footnotes Refresh | | 02/02/2019 USD Not Qualified | 02/03/2018 USD Not Qualified | 01/28/2017 USD Not Qualified 0 | 01/31/2015 USD Not Qualified 0 Yes Yes Yes Yes As Reported Currency As Reported Scale Exchange rate used is that of the Year End reported date As Reported Annual Balance Sheet Report Date Currency Audit Status Consolidated Scale Cash & cash equivalents Accounts receivable, net Finished goods merchandise Raw materials & merchandise components Inventories Deferred income taxes Other current assets Total current assets Thousands 1,413,000 367,000 Thousands 1,515,000 310,000 1,121,000 119,000 1,240,000 Thousands 1,934,000 294,000 982,000 01/30/2016 USD Not Qualified 0 Yes Thousands 2,548,000 261,000 1,014,000 108,000 1,122.000 Thousands 1,681,000 252,000 942.000 1,107,000 141,000 1,248,000 114,000 1,096,000 94,000 1,036,000 33,000 225,000 232,000 3,260,000 228,000 3,293,000 141,000 3,465,000 4,156,000 230,000 3,232,000 87,000 Land 108,000 116,000 116,000 484,000 492,000 460,000 3,181,000 1,809,000 81,000 Land & improvements Buildings & improvements Furniture, fixtures, software & equipment Leaseholds improvements Construction in progress Property & equipment, gross Less accumulated depreciation & amortization Property & equipment, net Goodwill Trade names & other intangible assets, net Trade names Deferred income taxes 3,725,000 2,277,000 123,000 6,733,000 3,915,000 2.818,000 3,757,000 2.251,000 79,000 6,687,000 3,794,000 2.893.000 113,000 476,000 3,560,000 2,044,000 89,000 6,282,000 3,541,000 2,741,000 1,348,000 411,000 5,639.000 413,000 3,169,000 1,647,000 164,000 5,480,000 3,203,000 2,277,000 1,318,000 411,000 3,309,000 2.330.000 1,348,000 1,348,000 1,318,000 411,000 19,000 30.000 Other assets 186,000 248,000 411,000 62.000 191,000 8,090,000 711,000 316,000 411,000 14.000 190,000 8,149,000 717,000 267,000 8,493.000 Total assets Accounts payable Deferred revenue, principally from gift card sales Accrued compensation, payroll taxes & benefits Accrued taxes, other than income 668,000 243,000 238,000 76,000 215,000 8,170,000 683,000 259,000 191,000 82,000 99,000 48,000 35,000 196.000 306,000 7,544,000 613,000 227,000 244,000 71,000 82,000 28,000 37,000 Accrued interest 100,000 78,000 92.000 39,000 45,000 102,000 101,000 43,000 37,000 Accrued rent 48,000 35,000 Accrued claims on self-insured activities 27,000 26,000 Accrued returns reserve Other accrued expenses & current liabilities 27,000 210,000 977,000 20,000 263.000 1,029,000 87.000 198,000 185,000 900,000 Total accrued expenses & other current liabilities 270,000 1,082,000 72.000 121,000 1,986,000 Current debt 21,000 262,000 997,000 36,000 298,000 2,014,000 352,000 6.000 Income taxes 166,000 Total current liabilities 224,000 1,875,000 257,000 1,679,000 Deferred income taxes 226,000 261,000 Senior unsecured notes with subsidiary guarantee Senior unsecured debentures 2,031,000 238.000 5,061,000 348,000 297,000 88,000 5,794,000 5,015,000 348,000 297,000 151,000 5,811,000 3,401,000 350,000 1,014,000 Senior unsecured notes Foreign facilities 4,354,000 348,000 1,012.000 7,000 5,721,000 6,000 Long-term debt 4,765,000 72.000 87,000 5,055,000 348,000 297,000 36,000 5,736,000 36,000 5,700,000 831,000 157,000 650,000 9,000 3,000 5,739,000 1,004,000 141,000 5,715,000 904,000 156,000 545,000 28.000 4.000 4,765,000 820,000 155,000 427,000 51,000 (16,000) 771,000 57,000 2,000 Less: current portion of long-term debt Long-term debt Other long-term liabilities Common stock Paid-in capital Foreign currency translation Cash flow hedges Marketable securities Accumulated other comprehensive income (loss) Retained earnings (accumulated deficit) Less treasury stock, at cost Total L Brands, Inc. shareholders' equity (Deficit) Noncontrolling interest Total equity (deficit) 5,707.000 924,000 141,000 678,000 32.000 (10,000) 2,000 24.000 (1,434,000) 162,000 (753,000) 2,000 (751,000) 35,000 59,000 (1,482,000) 358,000 (869,000) 4,000 (865,000) 12,000 205,000 1,753,000 (729,000) 8,000 40.000 315,000 1,315,000 (259,000) 1,000 (258,000) 233,000 832,000 18,000 1,000 19,000 2.000 (727,000) 2:33 PM Type here to search @ 4 O 1) 36/2020 E
