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Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets

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Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $9,243 $7,900 Property, plant, and equipment (net) 1,962 1,800 Other assets 1,463 1,900 Total assets $12,668 $11,600 Liabilities and Stockholders' Equity Current liabilities $3,465 $3,500 Long-term liabilities 1,164 1,200 Stockholders' equity 8.039 6,900 Total liabilities and stockholders' equity $12,668 $11,600 (a)

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