Compare and analyze the Balance Sheet Statements

Home Depot

Balance sheet Income Statement NOTE: 2015 BALANCE SHEET INFORMATION SHOULD BE USED ONLY FOR RATIOS Report Date 2018 2017 2016 2015 $ in Thousands Cash & cash equivalents $511,000 $568,000 $558,000 $405,000 Short-term investments $218,000 $102,000 $100,000 $307,000 Merchandise inventory, net $12,561,000 $11,393,000 $10,458,000 $9,458,000 Other current assets $938,000 $689,000 $884,000 $391,000 Total current assets $14,228,000 $12,772,000 $12,000,000 $10,561,000 Property, less accumulated depreciation $18,432,000 $19.721,000 $19.949,000 $19,577,000 Long-term investments $256,000 $408,000 $366,000 $222,000 Deferred income taxes - net $294,000 $168,000 $222,000 $241,000 Goodwill $303,000 $1,307,000 $1.082,000 50 Other assets $995.000 $915,000 $789.000 $665.000 Total assets $34,508,000 $35,291,000 $34,408,000 $31,266,000 Liabilities Short-term borrowings $722,000 $1.137,000 $510.000 $43,000 Current maturities of long-term debt $1,110.000 $294,000 $795.000 $1,061,000 Accounts payable $8,279,000 $6.590,000 $6.651,000 $5,633,000 Accrued compensation & employee benefits $662,000 $747,000 $790,000 $820,000 Deferred revenue $1,299,000 $1,378,000 $1 253,000 $1,078,000 Other current liabilities $2,425,000 $1.950,000 $1.975,000 $1,857,000 Total current liabilities $14,497,000 $12,096,000 $11,974,000 $10,492,000 Long-term debt, excluding current maturities $14,391,000 $15,564,000 $14.394,000 $11,545,000 Deferred revenue - extended protection plans $827,000 $803,000 $763,000 $729,000 Other liabilities $1,149,000 $955,000 $843,000 $846,000 Total liabilities $30,864,000 $29,418,000 $27,974,000 $23,612,000 Stockholders' Equity Common stock $401.000 $415,000 $433,000 $455,000 Capital in excess of par value SO $22.000 Retained earnings $3,452.000 $5,425,000 $6.241,000 $7,593,000 Accumulated other comprehensive income (loss) -$209,000 $11,000 $240.000 -$394,000 Total shareholders' equity $3,644,000 $5,873,000 $6.434,000 $7,654,000 Total liabilities and stockholders' equity $34,508,000 $35,291,000 $34,408,000 $31,266,000 Additional Information "Property and Equipment, at cost Land $7,196,000 $7.414,000 $7,329,000 $7.086,000 Buildings & building improvements $18,052,000 $18,521,000 $18,147,000 $17,451,000 Equipment $10,090.000 $10.475,000 $10.978.000 $10,863,000 Construction in progress $525,000 $530,000 $464,000 $513,000 Total cost $35,863,000 $36,940,000 $36,918,000 $35,913,000 Less: accumulated depreciation $17,431,000 $17 219,000 $16,969,000 $16,336,000Balance Sheet Income Statement NOTE: 2015 BALANCE SHEET INFORMATION SHOULD BE USED ONLY FOR RATIOS Report Date 2018 2017 2016 2015 $ in Millions Current assets: Cash and cash equivalents $1,778 $3.595 $2,538 $2,216 Receivables, net $1,936 $1.952 $2.029 $1,890 Merchandise inventories $13,925 $12.748 $12.549 $11,809 Other current assets $890 $638 $608 $569 Total current assets $18,529 $18,933 $17,724 $16,484 Net property and equipment $22,375 $22,075 $21,914 $22,191 Goodwill $2,252 $2.275 $2,093 $2, 102 Other assets $847 $1,246 $1,235 $1,196 Total assets $44,003 $44,529 $42,966 $41,973 Current Liabilities: Short-term debt $1,338 $1.559 $710 $350 Accounts payable $7.755 $7 244 $7,000 $6.565 Accrued salaries and related expenses $1.506 $1.640 $1.484 $1.515 Sales taxes payable $656 $520 $508 $476 Deferred revenue $1,782 $1.805 $1.669 $1,566 Income taxes payable $11 $54 $25 $34 Current installments of long-term debt $1,056 $1.202 $542 $71 Other accrued expenses $2.611 $2.170 $2.195 $1,941 Total current liabilities $16,716 $16,194 $14,133 $12,524 Long-term debt, excluding current installments $26,807 $24.267 $22,349 520,789 Deferred income taxes $491 $440 $296 $379 Other long-term liabilities $1,867 $2.174 $1,855 $1,965 Total liabilities $45,881 $43,075 $38,633 $35,657 Common stock, par value $0.05: authorized: 10,000 shares; issued: 1,782 $89 $88 $88 Paid-in capital $10,578 $10,192 $9.787 59.347 Retained earnings $46,423 $39,935 $35.519 $30,973 Accumulated other comprehensive loss -$772 -$566 $867 -$898 Treasury stock, at cost, 677 shares at February 3, 2019 and 622 shares at -$58,196 -$48.196 $40.194 $33,194 Total stockholders' (deficit) equity $1,878 $1,454 $4,333 $6,316 Total liabilities and stockholders' equity $44,003 $44,529 $42,966 $41,973 Additional Information No allowance account is created for receivables, i.e. Net receivables is equal to gross receivables "Property and Equipment, at cost: Land $8,363 8352 58.207 8,149 Building's 18199 $18,073 $17.772 17,667 Furniture, Fixtures and Equipment 12460 11506 11,020 10.279 Leasehold Improvements 1705 1637 1.519 1.481 Construction in Progress 820 538 739 670 Capital Leases 1392 1308 1.169 1.020 Less Accumulated Depreciation and Amortization 20564 19339 18.512 17,075 Net Property and Equipment 22375 22075 21,914 22,191