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Suppose the comparative balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2014 2013 Assets Current

Suppose the comparative balance sheets of Nike, Inc. are presented here.

NIKE, INC. Condensed Balance Sheet May 31 ($ in millions)

2014

2013

Assets

Current Assets

$9,744

$8,860

Property, plant, and equipment (net)

1,935

1,863

Other assets

1,498

1,652

Total assets

$13,177

$12,375

Liabilities and Stockholders' Equity

Current Liabilities

$3,191

$3,243

Long-term liabilities

1,273

1,299

Stockholders

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