Use the consolidated balance sheets which give historical data for a particular business.

CONSOLIDATED BALANCE SHEETS (in millions)

ASSETS

Current Assets:	February 1, 2014	February 2, 2013
Cash and Cash Equivalents	$2,373	$1,826
Receivables	458	381
Merchandise Inventories	5,757	5,408
Prepaid Expenses and Other Current Assets	440	351
Total Current Assets	9,028	7,966
Property and EquipmentNet	7,930	8,196
Goodwill	3,743	3,743
Other Intangible AssetsNet	527	561
Other Assets	746	615
Total Assets	$21,634	$20,991

LIABILITIES AND SHAREHOLDERS' EQUITY

Current Liabilities:	February 1, 2014	February 2, 2013
Short-Term Debt	$473	$124
Merchandise Accounts Payable	1,681	1,579
Accounts Payable and Accrued Liabilities	2,910	2,610
Income Taxes	352	355
Deferred Income Taxes	300	407
Total Current Liabilities	5,716	5,075
Long-Term Debt	6,728	6,806
Deferred Income Taxes	1,273	1,238
Other Liabilities	1,658	1,821
Shareholders' Equity	6,249	6,051
Total Liabilities and Shareholders' Equity	$21,634	$20,991

(a)Prepare a horizontal analysis of the Current Assets section comparing February 2, 2013 and February 1, 2014. (Round percents to one decimal place.)

Comparative Balance Sheet February 1, 2014 and February 2, 2013

			Increase (Decrease)
(in $ millions)	2014	2013	Amount	Percent
Current Assets
Cash and Cash Equivalents	$	$	$	%
Receivables	$	$	$	%
Merchandise Inventories	$	$	$	%
Prepaid Expenses and Other Current Assets	$	$	$	%
Total Current Assets	$	$	$	%

(b)Prepare a vertical analysis of the Current Liabilities section for February 1, 2014. (Round percents to one decimal place.)

Balance Sheet February 1, 2014

Current Liabilities (in $ millions)		Percent
Short-Term Debt	$	%
Merchandise Accounts Payable	$	%
Accounts Payable and Accrued Liabilities	$	%
Income Taxes	$	%
Deferred Income Taxes	$	%
Total Current Liabilities	$	%