Compute net operating assets (NOA) for 2009 and 2008.

2009 NOA =

2008 NOA =

(S millions) January 31, 2009 February 2, 2008 Assets Current Assets Cash and cash equivalents Accounts receivable, net Merchandise inventories Current deferred tax assets, net Prepaid expenses and o Total current assets Land, buildings and equipment, net Goodwill Other assets Total assets Liabilities and Shareholders' Equity Current liabilities Accounts payable Accrued salaries, wages and related benefits Other current liabilities $72 1,942 900 210 93 3,217 2,221 53 170 5,661 $ 358 1,788 956 181 78 3,361 1,983 53 203 $5,600 ther Current portion of long-term debt Total current liabilities Long-term debt, net Deferred property incentives, net Other liabilities $ 563 214 525 299 1,601 2,214 435 201 $ 556 268 550 261 1,635 2,236 369 245