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THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS millions, except per share data February 3, 2019 January 28, 2018 January 29, 2017 Assets Current Assets: Cash

THE HOME DEPOT, INC. CONSOLIDATED BALANCE SHEETS
millions, except per share data February 3, 2019 January 28, 2018 January 29, 2017
Assets
Current Assets:
Cash and Cash Equivalents $ 1,259 $ 1,322 $ 1,479
Receivables, net 991 974 2,142
Merchandise Inventories 10,688 10,218 12,604
Other Current Assets 1,204 1,334 610
Total Current Assets 14,142 13,848 16,835
Net Property and Equipment 26,334 25,667 21,855
Goodwill 1,138 1,182 2,087
Other Assets 407 227 1,223
Total Assets $ 42,021 $ 40,924 42,000
Liabilities and stockholders equity
Current Liabilities:
Short-Term Debt $ 590 $ 370 $ 910
Accounts Payable 4,812 5,433 6,700
Accrued Salaries and Related Expenses 1,115 1,251 1,484
Sales Taxes Payable 323 356 408
Deferred Revenue 1,146 1,142 1,569
Income Taxes Payable 272 99 29
Current Installments of Long-Term Debt 1,761 1,013 442
Other Accrued Expenses 1,638 1,570 2,220
Total Current Liabilities 11,657 11,234 13,762
Long-Term Debt, excluding current installments 9,654 8,653 8,978
Deferred Income Taxes 360 317 256
Other Long-Term Liabilities 2,196 2,132 1,955
Total Liabilities 24,653 23,161 26,264
Common stock, par value $0.05; authorized: 10,000 shares; issued: 1,620 at February 3, 2019, 1,640 shares at January 28, 2018 and 1,680 shares at January 29, 2017; outstanding: 1,268 shares at February 3, 2019 , 1,031 shares at January 28, 2018 and 1,140 shares at January 29, 2017 81 82 84
Paid-In Capital 6,048 6,288 5,893
Retained Earnings 42,942 56,385 24,365
Accumulated Other Comprehensive Loss (83 ) (361 ) (662 )
Treasury stock, at cost, 372 shares at February 3, 2019 , 589 shares at January 28, 2018 and 540 shares at January 29, 2017 (31,620 ) (45,353 ) (37,260 )
Total stockholders (deficit) equity 17,368 17,041 68,264
Total Liabilities and Stockholders Equity $ 42,021 $ 40,924 42,000

THE HOME DEPOT, INC. CONSOLIDATED STATEMENTS OF EARNINGS
in millions, except per share data Fiscal 2018 Fiscal 2017 Fiscal 2016
Net sales $ 66,182 $ 71,306 $ 77,359
Cost of Sales 43,757 47,291 51,351
Gross profit 22,425 24,015 26,008
Operating Expenses:
Selling, General and Administrative 15,896 17,846 17,041
Depreciation and Amortization 1,695 1,783 1,699
Impairment loss 247
Total Operating Expenses 17,838 19,629 18,740
Operating income 4,587 4,386 7,268
Interest and Other (Income) Expense:
Interest and Investment Income (28 ) (28 ) (74 )
Interest Expense 670 615 690
Other 151
Interest and Other, net 793 587 616
Earnings before provision for income taxes 3,794 3,799 6,652
Provision for Income Taxes 1,352 1,274 2,404
Net earnings $ 2,442 $ 2,525 $ 4,248
Basic weighted average common shares 1,539 1,602 1,688
Basic earnings per share $ 1.59 $ 1.58 $ 2.52
Diluted weighted average common shares 1,551 1,610 1,549
Diluted earnings per share $ 1.57 $ 1.57 $ 2.74

Instructions:

a-1. Compute the current ratio for the fiscal years ending February 3, 2019, and January 28, 2018.

Current Ratio
February 3, 2019 to 1
January 28, 2018 to 1

a-2. Compute the quick ratio for the fiscal years ending February 3, 2019, and January 28, 2018.

Quick Ratio
February 3, 2019 to 1
January 28, 2018 to 1

a-3. Compute the amount of working capital for the fiscal years ending February 3, 2019, and January 28, 2018.

Working Capital
February 3, 2019
January 28, 2018

a-4. Compute the change in working capital from the prior year for the fiscal years ending February 3, 2019, and January 28, 2018.

Change in Working Capital
February 3, 2019
January 28, 2018

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