Kroger's balance sheet shows that as of January 2016, the company had total assets of $33.9 billion including $9.9 billion in current assets such as cash, inventory, and receivables. Kroger had total liabilities of $27.1 billion including $12.97 billion in current liabilities like accounts payable and debt due within one year. Shareholders' equity increased to $6.8 billion from $5.4 billion in 2015, reflecting an increase in accumulated earnings. Overall, Kroger's assets exceeded its liabilities, demonstrating the company's continued financial strength.
Kroger's balance sheet shows that as of January 2016, the company had total assets of $33.9 billion including $9.9 billion in current assets such as cash, inventory, and receivables. Kroger had total liabilities of $27.1 billion including $12.97 billion in current liabilities like accounts payable and debt due within one year. Shareholders' equity increased to $6.8 billion from $5.4 billion in 2015, reflecting an increase in accumulated earnings. Overall, Kroger's assets exceeded its liabilities, demonstrating the company's continued financial strength.
Kroger's balance sheet shows that as of January 2016, the company had total assets of $33.9 billion including $9.9 billion in current assets such as cash, inventory, and receivables. Kroger had total liabilities of $27.1 billion including $12.97 billion in current liabilities like accounts payable and debt due within one year. Shareholders' equity increased to $6.8 billion from $5.4 billion in 2015, reflecting an increase in accumulated earnings. Overall, Kroger's assets exceeded its liabilities, demonstrating the company's continued financial strength.
Kroger's balance sheet shows that as of January 2016, the company had total assets of $33.9 billion including $9.9 billion in current assets such as cash, inventory, and receivables. Kroger had total liabilities of $27.1 billion including $12.97 billion in current liabilities like accounts payable and debt due within one year. Shareholders' equity increased to $6.8 billion from $5.4 billion in 2015, reflecting an increase in accumulated earnings. Overall, Kroger's assets exceeded its liabilities, demonstrating the company's continued financial strength.
January 30, January 31, (In millions, except par values) 2016 2015 ASSETS Current assets Cash and temporary cash investments $ 277 $ 268 Store deposits in-transit 923 988 Receivables 1,734 1,266 FIFO inventory 7,440 6,933 LIFO reserve (1,272) (1,245) Prepaid and other current assets 790 701 Total current assets 9,892 8,911 Property, plant and equipment, net 19,619 17,912 Intangibles, net 1,053 757 Goodwill 2,724 2,304 Other assets 609 613 Total Assets $ 33,897 $ 30,497 LIABILITIES Current liabilities Current portion of long-term debt including obligations under capital leases and financing obligations $ 2,370 $ 1,874 Trade accounts payable 5,728 5,052 Accrued salaries and wages 1,426 1,291 Deferred income taxes 221 287 Other current liabilities 3,226 2,888 Total current liabilities 12,971 11,392 Long-term debt including obligations under capital leases and financing obligations Face-value of long-term debt including obligations under capital leases and financing obligations 9,708 9,723 Adjustment to reflect fair-value interest rate hedges 1 — Long-term debt including obligations under capital leases and financing obligations 9,709 9,723 Deferred income taxes 1,752 1,209 Pension and postretirement benefit obligations 1,380 1,463 Other long-term liabilities 1,287 1,268 Total Liabilities 27,099 25,055 Commitments and contingencies (see Note 13) SHAREHOLDERS’ EQUITY Preferred shares, $100 par per share, 5 shares authorized and unissued — — Common shares, $1 par per share, 2,000 shares authorized; 1,918 shares issued in 2015 and 2014 1,918 1,918 Additional paid-in capital 2,980 2,748 Accumulated other comprehensive loss (680) (812) Accumulated earnings 14,011 12,367 Common stock in treasury, at cost, 951 shares in 2015 and 944 shares in 2014 (11,409) (10,809) Total Shareholders’ Equity - The Kroger Co. 6,820 5,412 Noncontrolling interests (22) 30 Total Equity 6,798 5,442 Total Liabilities and Equity $ 33,897 $ 30,497
The accompanying notes are an integral part of the consolidated financial statements.
