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HOME DEPOT, INC. LOWE'S COMPANIES Balance Sheets Balance Sheets ($ millions) 2014 2013 2014 2013 Assets Cash and cash equivalents . $ 1,723 $ 1,929

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HOME DEPOT, INC. LOWE'S COMPANIES Balance Sheets Balance Sheets ($ millions) 2014 2013 2014 2013 Assets Cash and cash equivalents . $ 1,723 $ 1,929 S 466 $ 391 Short-term investments 125 185 Receivables, net . . .. ... .... 1,484 1,398 Merchandise inventories. 11,079 11,057 8,911 9,127 Other current assets . .... . . . .... 1,016 895 578 593 Total current assets ...... . . . . .. .... 15,302 15,279 10,080 10,296 Property and equipment, net 22,720 23,348 20,034 20,834 Goodwill. .... . 1,353 1,289 Long-term investments. . 354 279 Other assets. . . 571 602 1,359 1,323 Total assets.. $39,946 $40,518 $31,827 $32,732 Liabilities and shareholders' equity Short-term debt and current maturities of long-term debt. ....... $ 328 S 33 $ 552 $ 435 Accounts payable ...... . . . . ....................... 5,807 5,797 5,124 5,008 Accrued compensation and related expenses. ... .. 1,391 1,428 773 785 Deferred revenue . . . . . . .. 1,468 1,337 979 892 Income taxes payable .. . ... 35 12 Other current liabilities 2,240 2,142 1,920 1,756 Total current liabilities .. ..... 11,269 10,749 9,348 8,876 Long-term debt, excluding current maturities 16,869 14,691 10,815 10,086 Deferred income taxes ...... 642 514 97 291 Other long-term liabilities. 1,844 2,042 1,599 1,626 Total liabilities. ....... 30,624 27,996 21,859 20,879 Total stockholders' equity...... 9,322 12,522 9,968 11,853 Total liabilities and shareholders' equity . $39,946 $40,518 $31,827 $32,732

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