dentify and Compute Net Operating Assets s the balance sheet for Lowe's Companies Inc. Identify and compute its 2016 net operating assets (NOA). LOWE'S COMPANIES INC. Consolidated Balance Sheets $ millions, except par value Jan. 29, 2016 Jan. 30, 2015 Current assets Cash and cash equivalents. Short-term investments Merchandise inventory-net Other current assets. . . S 405 307 9,458 391 ..10,561 S 466 125 8,911 349 9,851 20,034 354 133 1,349 $31,721 Total current assetsisoidresian. Property, less accumulated depreciation... Long-term investments.. Deferred income taxes-net. 241 665 Current liabilities Short-term borrowings... Current maturities of long-term debt $ 43 1,061 5,633 820 1,078 1,857 10,492 11,545 729 846 552 5,124 773 979 1,920 9,348 10,806 730 869 21,753 Accrued compensation and employee benefits. Deferred revenue Other current liabilities . _ . . . . . . . . . . Long-term debt, excluding current maturities Deferred revenue extended protection plans otal liabilities.. Shareholders' equity Preferred stock-$5 par value, none issued Common stock-$0.50 par value; shares issued and outstanding 23,612 910 at January 29, 2016 and 960 at January 30, 2015, respectively Capital in excess of par value Retained earnings Accumulated other comprehensive loss Total shareholders' equity Total liabilities and shareholders' equity 455 480 9,591 103) 9,968 $31,721 7,593 94 7,654 $31,266