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x ***You must use cell references to earn credit. TJX Companies Inc. Dollar amounts in Millions $ Percentages Common-Size Balance Sheet Jan. 28, 2023 Jan.

x ***You must use cell references to earn credit.
TJX Companies Inc. Dollar amounts in Millions $ Percentages
Common-Size Balance Sheet Jan. 28, 2023 Jan. 29, 2022 Jan. 28, 2023 Jan. 29, 2022
Current assets:
Cash and cash equivalents $ 5,477 $ 6,227 19.32% 21.88%
Accounts receivable, net 563 518 1.99% 1.82%
Merchandise inventories 5,819 5,962 20.53% 20.95%
Prepaid expenses and other current assets 478 437 1.69% 1.54%
Federal, state and foreign income taxes recoverable 119 115 0.42% 0.40%
Total current assets 12,456 13,259 43.94% 46.59%
Net property at cost 5,783 5,271 20.40% 18.52%
Non-current deferred income taxes, net 158 185 0.56% 0.65%
Operating lease right of use assets 9,086 8,854 32.05% 31.11%
Goodwill 97 97 0.34% 0.34%
Other assets 769 795 2.71% 2.79%
Total assets $ 28,349 $ 28,461 100.00% 100.00%
Current liabilities:
Accounts payable 3,794 4,465 13.38% 15.69%
Accrued expenses and other current liabilities 4,346 4,245 15.33% 14.92%
Current portion of operating lease liabilities 1,610 1,577 5.68% 5.54%
Current portion of long-term debt 500 0 1.76% 0.00%
Federal, state and foreign income taxes payable 55 181 0.19% 0.64%
Total current liabilities 10,305 10,468 36.35% 36.78%
Long-term liabilities:
Other long-term liabilities 919 1,015 3.24% 3.57%
Non-current deferred income taxes, net 127 44 0.45% 0.15%
Long-term operating lease liabilities 7,775 7,576 27.43% 26.62%
Long-term debt 2,859 3,355 10.09% 11.79%
Commitments and contingencies (See Note N) 0.00% 0.00%
Total long-term liabilities 11,680 11,990 41.20% 42.13%
Shareholders equity
Common stock, authorized 1,800,000,000 shares, par value $1, issued and outstanding 1,155,437,908 and 1,181,188,731 shares, respectively 1,155 1,181 4.07% 4.15%
Additional paid-in capital 0 0 0.00% 0.00%
Accumulated other comprehensive (loss) income (606) (687) -2.14% -2.41%
Retained earnings 5,815 5,509 20.51% 19.36%
Total shareholders equity 6,364 6,003 22.45% 21.09%
Total liabilities and shareholders equity $ 28,349 $ 28,461 100.00% 100.00%
Answer the following questions based on the most recent year.
a. What are the companys 2 largest assets?
b. What are the companys 2 largest liabilities?
c. What percentage of total assets is financed by owners?
d. What percentage of total assets is financed by creditors?

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