The dollar amount shown for cash and cash equivalents (see Exhibit 1.26) increased between the end of fiscal 2011 and the end of fiscal 2012, explain.

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Exhibit 1.26 Starbucks Corporation Comparative Balance Sheets (amounts in millions) (Integrative Case 1.1) Fiscal Year Ended 2012 2011 2010 2009 ASSETS Current assets: $ 600 Cash and cash equivalents Short-term investments available-for-sale securities $1,189 $1,148 $1,164 848 903 286 67 Accounts receivable, net 486 387 303 271 Inventories 1,242 966 543 665 Prepaid expenses and other current assets Deferred income taxes, net 197 162 157 147 239 230 304 287 Total current assets $4,200 $ 116 $3,795 $ 107 $2,756 $ 192 $2,036 $ 71 Long-term investments available-for-sale securities Equity and cost investments Property, plant and equipment, net 460 372 342 352 2,659 2,355 2417 2,536 Other assets 385 409 418 322 Goodwill 399 322 262 259 Total Assets $8,219 $7,360 $6386 $5,577 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: $ 283 Accounts payable Accrued compensation and other acarued expenses $ 398 $ 540 $ 267 1,134 941 936 772 Insurance reserves 168 146 146 154 Deferred revenue 510 449 414 389 Total Current Liabilities $2,210 550 $2,076 $1,779 $1,581 Long-term debt Other long-term liabilities 550 549 549 345 348 375 390 $3,105 $2,973 $2,704 $2,520 Total Liabilities Shareholders' equity: Common stock ($0.001 par value) Additional paid-in capital Other additional paid-in-capital Retained earnings Accumulated other comprehensive income Total Shareholders' Equity Non-controlling Interests Total Equity 1 2$ $4 1 24 1. 39 41 106 147 39 39 5,046 4,297 3471 2,793 23 46 57 65 $5,109 $4,385 $3,675 $3,046 8 11 $5,115 $4,387 $3,682 $3,057 Source: Starbucks Corporation, Forms 10-K for the Fiscal Years ended September 30, 2012, and October 2, 2011. %24 Exhibit 1.26 Starbucks Corporation Comparative Balance Sheets (amounts in millions) (Integrative Case 1.1) Fiscal Year Ended 2012 2011 2010 2009 ASSETS Current assets: $ 600 Cash and cash equivalents Short-term investments available-for-sale securities $1,189 $1,148 $1,164 848 903 286 67 Accounts receivable, net 486 387 303 271 Inventories 1,242 966 543 665 Prepaid expenses and other current assets Deferred income taxes, net 197 162 157 147 239 230 304 287 Total current assets $4,200 $ 116 $3,795 $ 107 $2,756 $ 192 $2,036 $ 71 Long-term investments available-for-sale securities Equity and cost investments Property, plant and equipment, net 460 372 342 352 2,659 2,355 2417 2,536 Other assets 385 409 418 322 Goodwill 399 322 262 259 Total Assets $8,219 $7,360 $6386 $5,577 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: $ 283 Accounts payable Accrued compensation and other acarued expenses $ 398 $ 540 $ 267 1,134 941 936 772 Insurance reserves 168 146 146 154 Deferred revenue 510 449 414 389 Total Current Liabilities $2,210 550 $2,076 $1,779 $1,581 Long-term debt Other long-term liabilities 550 549 549 345 348 375 390 $3,105 $2,973 $2,704 $2,520 Total Liabilities Shareholders' equity: Common stock ($0.001 par value) Additional paid-in capital Other additional paid-in-capital Retained earnings Accumulated other comprehensive income Total Shareholders' Equity Non-controlling Interests Total Equity 1 2$ $4 1 24 1. 39 41 106 147 39 39 5,046 4,297 3471 2,793 23 46 57 65 $5,109 $4,385 $3,675 $3,046 8 11 $5,115 $4,387 $3,682 $3,057 Source: Starbucks Corporation, Forms 10-K for the Fiscal Years ended September 30, 2012, and October 2, 2011. %24

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The total percentage of assets might have declined f... View the full answer