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Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues $3,806 Cost of goods sold 2,315 Selling, general, and administrative expenses 546 Depreciation 311

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Woodlands Inc. 2015 Income Statement ($ in millions) Total operating revenues $3,806 Cost of goods sold 2,315 Selling, general, and administrative expenses 546 Depreciation 311 Eamings before interest and taxes (EBIT) Interest expense $634 170 $464 Pretax income Taxes 162 Net income $302 Dividends 75 Woodlands Inc. Balance Sheet ($ in millions) 2015 2014 Liabilities and Stockholders' Equity $ 503 $ 227 Accounts payable 2015 2014 $ 686$ 613 Assets Cash and equivalents Accounts receivable Inventory Net property & equipment Intangible assets 418 522 Long-term debt 1,239 1,187 Common stock 2,290 2,264 Capital surplus 360 360 Retained earnings 1,3001,350 1,5001,500 745 745 579 352 Total assets MT$4,560 Total liabilities & stockholders' equity$4,810 4,500 13. Refer to Woodlands Inc Financial Statements listed above. What is the change in the networking capital from 2014 to 2015

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