D) Is the debt primarily short-term or long-term? Why?
E ) Compare the balance sheets of both companies with regards to size and composition of assets, liabilities, and stockholder’s equity. Identify significant differences.
F) Comment on any significant changes in each company in assets and liabilities. Explain
Transcribed Image Text: Walmart Inc
(Million)
Cash and cash equivalents
Receivables, net
Inventories
Prepaid expenses and other
Total Current Assets
Property and equipment, net
Finance lease right-of-use assets, net
Property and equipment, including finance lease
right-of-use assets, net
Operating lease right-of-use assets
Goodwill
Other Long-Term assets
Long-Term assets
Total Assets
Current liability:
Short term Borrowing
Account Payable
Accrued Liability
Accrued Income Tax
Long Term Debt due within year
Operating lease obligation due within one year
Finance Lease obligation due within one year
Total Current Liability
Long-term debt
Long-term operating lease obligations
Long-term finance lease obligations
Deferred income taxes and other
Stockholders' Equity:
Common Stock
Capital in Excess of Par Value
Retained earnings
Accumulated other Comprehensive loss
Total Walmart Shareholders Equity
Non-Controlling Interest
Total Equity
Total Liability and Equity
Target Corporation
Cash and cash equivalents
Inventory
Other current assets
Total current assets
Property and equipment
Land
Buildings and improvements
Fixtures and equipment
Computer hardware and software
Construction-in-progress
Accumulated depreciation
Property and equipment, net
Operating lease assets
Other noncurrent assets
Total assets
Accounts payable
Accrued and other current liabilities
Current portion of long-term debt and other borrowings
Total current liabilities
Long-term debt and other borrowings
Noncurrent operating lease liabilities
Deferred income taxes
Other noncurrent liabilities
Total noncurrent liabilities
Shareholders' investment:
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Total shareholders' investment
Total liabilities and shareholders' investment
Current year
2022
14,760
8,280
56,511
1,519
81,070
94,515
4.351
98,866
13,758
29,014
22,152
163.790
244,860
410
55,261
26,606
851
2,803
1,483
511
87,379
34,864
13,009
4,243
13,474
276
4,839
86,904
-8766
83.252
8,638
91,891
244,860
$5,911
13,902
1,760
21,573
6,164
32,985
6,407
2,505
1,257
-21,137
28,181
2,556
1,501
53,811
$ 15,478
6,098
171
21,747
13,549
2,493
1,566
1,629
19,237
39
6,421
%
6,920
-553
12,827
$53,811
6%
3%
17,741
6,516
44,949
23%
1%
33% 90,067
20,861
39%
92,201
4,005
2%
40%
6%
12%
96,206
13,642
28,983
9% 23,598
67% 162,429
252,496
100%
0%
224
23% 49,141
11% 37,966
0%
242
1%
1%
0%
14%
5%
Previous %
Year
2021
36% 92,645
2%
6%
52%
5%
3%
100 %
3,115
1,466
491
29%
11%
Current year % Previous %
2022
Year
2021
11%
$8,511
26% 10,653
3%
1,592
40 %
20,756
0%
40 %
25%
5%
3%
3%
36%
3,847
14,370
HHL
0%
282
2%
3646
35% 88,763
-4% -11,766
34% 80.925
4% 6,606
38% 87,531
35%
100% 252,496 100%
41,194 16%
12,909
5%
SAN
26,879
2,227
1,386
$51,248
▬▬▬▬
7%
3%
18%
11%
6,141
12%
61%
31,557
62%
12% 5,914 12%
5%
2,765 5%
780
2%
2%
-39%
-20,278 -40
-40
8%
36%
37%
2%
38%
5%
11%
9%
64%
100%
0%
42
12% 6,329
13 %
-1%
24%
8,825
-756
14,440
0%
19%
15%
0%
1%
1%
0%
37%
100% $51,248
2%
6%
HH
▬▬▬▬▬▬▬▬
0%
1%
35%
-5%
32%
3%
17%
21%
3%
41%
$12,859
25 %
6,122 12%
1,144
%
79
52 %
2%
20,125 39%
11,536 23%
4%
2%
2,218
990
1,939 4%
16,683 33%
4%
3%
100
%
0%
12%
17%
-1%
28%
100
%
Transcribed Image Text: Target Corporation
Cash and cash equivalents
Inventory
Other current assets
Total current assets
Property and equipment
Land
Buildings and improvements
Fixtures and equipment
Computer hardware and software
Construction-in-progress
Accumulated depreciation
Property and equipment, net
Operating lease assets
Other noncurrent assets
Total assets
Accounts payable
Accrued and other current liabilities
Current portion of long-term debt and
other borrowings
Total current liabilities
Long-term debt and other borrowings
Noncurrent operating lease liabilities
Deferred income taxes.
Other noncurrent liabilities
Total noncurrent liabilities
Shareholders' investment
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Total shareholders' investment
Total liabilities and shareholders'
investment
Walmart Inc
$Millions
Cash and cash equivalents
Receivables, net
Inventories
Prepaid expenses and other
Total Current Assets
Property and equipment, net
Finance lease right-of-use assets, net
Property and equipment, including
finance lease right-of-use assets, net
Operating lease right-of-use assets
Goodwill
Other Long-Term assets
Long-Term assets
Total Assets
Current liability
Short term Borrowing
Account Payable
Accrued Liability
Accrued Income Tax
Long Term Debt due within year
Operating lease obligation due within
one year
Finance Lease obligation due within one
year
Total Current Liability
$ 15,478
6,098
171
21,747
Fili
13,549
2,493
1,566
1,629
19,237
Long-term debt
Long-term operating lease obligations
Long-term finance lease obligations
Deferred income taxes and other
Stockholders' Equity
Common Stock
Capital in Excess of Par Value
Retained earnings
Accumulated other Comprehensive loss
Total Walmart Shareholders Equity
Non-Controlling Interest
Current Previous
year 2022
Year 2021
Total Equity
Total Liability and Equity
$5,911
13,902
1,760
21,573
6,164
32,985
6,407
2,505
1,257
-21,137
wy
28,181
2,556
1,501
53,811
39
6,421
6,920
-553
12.827
$53,811
Current
year 2022
14,760
8,280
56,511
1,519
81,070
94,515
4,351
98,866
410
55,261
26,606
851
2,803
1,483
511
HT
87,379
34,864
13,009
4,243
13,474
276
4,839
86.904
$8,511
10,653
1,592
20,756
-8766
83,252
8,638
6,141
31,557
5,914
2,765
780
-20,278
26,879
2,227
1,386
$51,248
$12,859
6,122
1,144
20,125
11,536
2,218
990
1.939
16,683
96,206
13,758
13,642
29,014
28,983
22,152
23,598
163,790 162,429
244,860
42
6,329
8,825
-756
14,440
$
51,248
Previous
Year
2021
90,067
92,201
4,005
3,115
1,466
491
92,645
+/-
41,194
12,909
($2,600)
$3,249
$168
$817
3,847
14,370
$23
$1,428
282
3646
88.763
$493
($260)
$477
($859)
$1,302
$329
$115
$2,563
-11,766
80,925
6,606
$2,619
($24)
($973)
17,741 -2981.00
6,516
44,949
20,861 -19342.00
-8997.00
2314.00
346.00
$1,622
$2,013
$275
$576
2660.00
116.00
31.00
-1446.00
1361.00
252,496 -7636.00
($310)
$2,554
224
186
49,141
6,120
37,966 -11,360
242
609
-312
($3)
$92
($1,905)
$203
($1,613)
$2,563
+/-
1764.00
11562.00
17
20
-5,266
-6,330
100
396
-896
-6
1,193
-1,859
3,000
2,327
2,032
%
4,360
91,891 87,531
244,860 252,496 -7,636
-43.99
23.37
9.55
3.79
0.37
4.33
7.69
-10.38
37.95
4.06
4.62
12.87
7.66
4.76
16.92
-0.39
-569.01
7.46
14.86
11.03
36.78
-19.03
13.28
-7.69
1.43
-27.53
-36.71
-12.58
4.76
%
-20.20
21.30
20.46
-1273.34
-11.10
2.45
7.95
2.69
0.84
0.11
-6.53
0.83
-3.12
45.37
11.07
-42.70
71.56
-11.13
1.15
3.91
-6.03
-18.16
0.77
9.33
-6.65
-2.17
24.65
-2.14
-34.22
2.80
23.52
4.74
-3.12