Analyze at least 3 (three) items on the balance sheet for your base company that would be important to an investor, and discuss whether your company’s performance related to these items appeared to be improving, deteriorating, or remaining stable. Justify your answer.

 

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KOHL'S CORPORATION CONSOLIDATED BALANCE SHEETS February 1, 2020 February 2, 2019 (Dollars in Millions) Assets Current assets: Cash and cash equivalents 723 S 3,537 934 Merchandise inventories 3,475 Other 389 426 4,649 4,835 7,428 Total current assets Property and equipment, net Operating leases Other assets Total assets 7,352 2,391 163 206 14,555 S 12,469 Liabilities and Shareholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable Current portion of: Finance lease and financing obligations Operating leases Total current liabilities Long-term debt Finance lease and financing obligations Operating leases Deferred income taxes Other long-term liabilities Shareholders' equity: Common stock - 375 and 374 million shares issued Paid-in capital Treasury stock, at cost, 219 and 211 million shares Retained earnings Total shareholders' equity 1,206 s 1,233 48 1,187 1,364 64 124 115 158 2,730 2,769 1,856 1,861 1,523 1,367 2,619 260 184 234 644 4 3,272 (11,571) 13,745 5,450 s 14,555 S 3,204 (11,076) 13,395 5,527 IS Total liabilities and shareholders' equity 12,469 KOHL'S CORPORATION CONSOLIDATED BALANCE SHEETS February 1, 2020 February 2, 2019 (Dollars in Millions) Assets Current assets: Cash and cash equivalents 723 S 3,537 934 Merchandise inventories 3,475 Other 389 426 4,649 4,835 7,428 Total current assets Property and equipment, net Operating leases Other assets Total assets 7,352 2,391 163 206 14,555 S 12,469 Liabilities and Shareholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable Current portion of: Finance lease and financing obligations Operating leases Total current liabilities Long-term debt Finance lease and financing obligations Operating leases Deferred income taxes Other long-term liabilities Shareholders' equity: Common stock - 375 and 374 million shares issued Paid-in capital Treasury stock, at cost, 219 and 211 million shares Retained earnings Total shareholders' equity 1,206 s 1,233 48 1,187 1,364 64 124 115 158 2,730 2,769 1,856 1,861 1,523 1,367 2,619 260 184 234 644 4 3,272 (11,571) 13,745 5,450 s 14,555 S 3,204 (11,076) 13,395 5,527 IS Total liabilities and shareholders' equity 12,469