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How much of Gaps long-term debt will become due and payable in less than 1 year? Refer to the balance sheet below. THE GAP, INC.
How much of Gaps long-term debt will become due and payable in less than 1 year?
Refer to the balance sheet below.
THE GAP, INC. CONSOLIDATED BALANCE SHEETS February 2, 2019 February 3, 2018 1,783 1,081 S 288 2,131 751 4,251 1,997 788 4,568 2,912 886 8,049 $ 2,805 616 7,989 $ $ ($ and shares in millions except par value) ASSETS Current assets: Cash and cash equivalents Short-term investments Merchandise inventory Other current assets Total current assets Property and equipment, net of accumulated depreciation of $5,755 and $5,962 Other long-term assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Accrued expenses and other current liabilities Income taxes payable Total current liabilities Long-term liabilities: Long-term debt Lease incentives and other long-term liabilities Total long-term liabilities Commitments and contingencies (see Notes 11 and 15) Stockholders' equity: Common stock $0.05 par value Authorized 2,300 shares for all periods presented; Issued and Outstanding 378 and 389 shares Additional paid-in capital Retained earnings Accumulated other comprehensive income Total stockholders' equity Total liabilities and stockholders' equity 1,126 1,024 24 2,174 1,181 1,270 10 2,461 1,249 1,073 2,322 1,249 1,135 2,384 19 19 3,481 53 3,081 36 3.144 7,989 $ 3,553 8,049 $ See Accompanying Notes to Consolidated Financial StatementsStep by Step Solution
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