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Compute Net Operating Assets Refer to the balance sheet information below for Home Depot. $ millions Feb. 3, 2019 Jan. 28, 2018 Operating assets $31,669

Compute Net Operating Assets

Refer to the balance sheet information below for Home Depot.

$ millions Feb. 3, 2019 Jan. 28, 2018
Operating assets $31,669 $30,701
Nonoperating assets 1,334 2,696
Total assets $33,003 $33,397
Operating liabilities $12,509 $12,035
Nonoperating liabilities 21,902 20,271
Total liabilities $34,411 $32,306
Net sales $81,152
Operating expense before tax 69,505
Net operating profit before tax (NOPBT) 11,647
Other expense 731
Income before tax 10,916
Tax expense 2,576
Net income $8,340

Compute net operating assets for the years ended February 3, 2019, and January 28, 2018.

$ millions February 3, 2019 January 28, 2018
Net operating assets (NOA)

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