Home Depot is a merchandising company. What is their Inventory as a percentage of their Current Assets? Enter the percentage as a whole number rounded to one decimal (e.g., 54.9).

THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS January 28, 2018 January 29, 2017 in millions, except per share data Assets Current assets: Cash and cash equivalents Receivables, net Merchandise inventories Other current assets Total current assets Net property and equipment Goodwill Other assets Total assets 3,595 $ 2,538 1,952 2,029 12.748 12,549 638 608 18,933 17,724 22,075 21,914 2,275 2,093 1,246 1,235 $ 44,529 $ 42,966 1,559 $ 7.244 1.640 520 Liabilities and Stockholders' Equity Current liabilities: Short-term debt Accounts payable Accrued salaries and related expenses Sales taxes payable Deferred revenue Income taxes payable Current installiments of long-term debt Other accrued expenses Total current liabilities Long-term debt, excluding current installments Deferred income taxes Other long-term liabilities Total liabilities 1,805 54 1,202 2,170 16,194 24,267 440 2,174 43,075 710 7,000 1,484 508 669 25 542 2,195 14,133 22,349 296 1,856 38,633 Common stock, par value $0.05, authorized: 10,000 shares, issued: 1,780 shares at January 28, 2018 and 1.778 shares at January 29, 2017 Paid-in capital Retained earnings Accumulated other comprehensive loss Treasury stock, at cost 622 shares at January 28, 2018 and 573 shares at January 29, 2017 Total stockholders' equity Total liabilities and stockholders' equity 89 10,192 39,935 (566) 88 9,787 35,519 (867) (48,196) (40,194) 1,454 4,333 $ 44,529 $ 42,966 THE HOME DEPOT, INC. CONSOLIDATED STATEMENTS OF EARNINGS Fiscal Fiscal Fiscal 2017 2016 2015 $ 100,904 S 94.595 $ 88,519 66,548 62,282 58,254 34,356 32,313 30,265 in millions, except per share data Net sales Cost of sales Gross profit Operating expenses Selling, general and administrative Depreciation and amortization Total operating expenses Operating income Interest and other (income) expense Interest and investment income Interest expense Interest and other, net Earnings before provision for income taxes Provision for income taxes Net earnings 17,864 1,811 19,675 14,681 17 132 1,754 18.886 13,427 16,801 1,690 18,491 11,774 (74) (36) 1,057 972 983 936 13,69812,491 5,068 4,534 $ 8,630 $ 7,957 $ (166) 919 753 11,021 4,012 7,009 Basic weighted average common shares Basic earnings per share 1,178 7.33 $ 1.229 6.47 $ 1.277 5.49 1,184 Diluted weighted average common shares Diluted earmings per share See accompanying notes to consolidated financial statements, 1.234 6.45 $ 1,283 5.46 $ 7.29 $ Fiscal in miliona 2017 Fiscal 2016 Fiscal 2015 s 8,630 $ 7,957 $ 7,009 1,883 2,062 273 1,973 267 244 (144) Cash Flows from Operating Activities: Net earnings Reconciliation of net earnings to net cash provided by operating activities: Depreciation and amortization Stock-based compensation expense Gain on sales of investments Changes in assets and liabilities net of acquisition effects Receivables, net Merchandise inventories Other current assets Accounts payable and accrued expenses Deferred revenue Income taxes payable Deferred income taxes Other Net cash provided by operating activities (138) (769) (48) 446 139 (84) (10) 352 128 29 92 420 12.031 99 109 (117) (181) (546) (5) 888 109 154 15 (33) 9,373 9,783 (1,897) (1,621) (1,503) 144 (1,666) 36 (374) 47 (4) (2.228) (1,583).(2.982) Cash Flows from Investing Activities: Capital expenditures, net of non-cash capital expenditures Proceeds from sales of investments Payments for businesses acquired, net Proceeds from sales of property and equipment Other investing activities Net cash used in investing activities Cash Flows from Financing Activities: Proceeds from short-term debt, net Proceeds from long-term debt net of discounts Repayments of long-term debt Repurchases of common stock Proceeds from sales of common stock Cash dividends Other financing activities Net cash used in financing activities Change in cash and cash equivalents Effect of exchange rate changes on cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 60 3,991 (39) (7,000) 228 (3,031) 850 360 2,991 4.959 (543) (3,045) (8,000) (6,880) 255 218 (4,212) (3,404) (211) (78) (8.870) (7.870) 933 330 124 (8) 2,538 2.216 3,595 $ 2,538 S (5,787) 604 (111) 1,723 2,216 $ Supplemental Disclosures: Cash paid for interest, net of interest capitalized Cash paid for income taxes Non-cash capital expenditures 991 4.732 150 924 S 4.623 179 874 3,853 165 THE HOME DEPOT, INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY Fiscal 2017 Fiscal 2016 Fiscal 2015 88 S 88 $ 88 89 88 88 9,787 132 in millions, except per share data Common Stock: Balance at beginning of year Shares issued under employee stock plans Balance at end of year Paid-in Capital: Balance at beginning of year Shares issued under employee stock plans Tax effect of stock-based compensation Stack-based compensation expense Balance at end of year Retained Earnings: Balance at beginning of year Net earnings Cash dividends (53.56 per share in fiscal 2017, $2.76 per share in fiscal 2016, and $2.36 per share in fiscal 2015) Other Balance at end of year 9.347 76 97 267 9,787 8,885 73 145 244 9,347 273 10,192 35,519 8,630 30,973 7,957 26,995 7,009 (3,031) (4,212) (3,404) (2) (7) 39,935 35,519 30,973 (898) Accumulated Other Comprehensive Income (Loss): Balance at beginning of year Foreign currency translation adjustments Cash flow hedges, net of tax Other Balance at end of year (867) 311 (1) (452) (412) (34) 34 (566) (867) (898) Treasury Stock: Balance at beginning of year Repurchases of common stock Balance at end of year Total stockholders' equity See accompanying notes to consolidated financial statements, (40,194) (33,194) (26,194) (8.002) (7,000) 17,000) (48,196) (40,194) (33,194) 1.454 $ 4,333 $ 6,316 S THE HOME DEPOT, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Fiscal Fiscal 2017 2016 8,630 S 7957 $ Fiscal 2015 7,009 (3) 34 (412) (34) in millons Net earnings Other comprehensive income (loss): Foreign currency translation adjustments Cash flow hedges, net of tax Other Total other comprehensive income (loss) Comprehensive income See accompanying notes to consolidated financial statements, 311 (1) (9) 301 8,931 $ 31 7,988 $ $ (446) 6,563