Suppose the following items were taken from the balance sheet of Nike, Inc. (All dollars are in millions.)

1. Cash $2,467.9

7. Inventory $2,458.5

2. Accounts receivable 2,718.6

8. Income taxes payable 87.3

3. Common stock 2,990.1

9. Equipment 1,950.6

4. Notes payable 324.8

10. Retained earnings 6,124.3

5. Buildings 3,639.7

11. Accounts payable 2,523.2

6. Mortgage payable 1,185.6

Classify each of these items as an asset, liability, or stockholders equity.

Cash $2,467.9

Accounts receivable 2,718.6

Common stock 2,990.1

Notes payable 324.8

Buildings 3,639.7

Mortgage payable 1,185.6

Inventory 2,458.5

Income taxes payable 87.3

Equipment 1,950.6

Retained earnings 6,124.3

Accounts payable 2,523.2

Determine Nikes accounting equation by calculating the value of total assets, total liabilities, and total stockholders equity. (Enter amounts in millions upto 1 decimal place, e.g. 45.5 million.) Total assets = Total liabilities + Total stockholders equity $ $ $