MBA Class

JC PENNEY CO INC (JCP) BALANCE SHEETS

All amounts in USD millions. no data no data no data

Calendar Year 2011 2012 2013 Assets no data no data no data Cash and cash equivalents $ 175 $ 121 $ 113

Short-term investments $ 1,332 $ 809 $ 1,402

Total cash $ 1,507 $ 930 $ 1,515

Receivables $ 413 $ 57 $ 4

Inventories $ 2,916 $ 2,341 $ 2,935

Deferred income taxes $ 106 $ 193

Prepaid expenses $ 245 $ 249 $ 186

Total current assets $ 5,081 $ 3,683 $ 4,833 Non-current assets no data no data

Property, plant and equipment no data no data no data

Land $ 312 $ 310 $ 309

Fixtures and equipment $ 2,173 $ 2,132 $ 2,356

Other properties $ 5,656 $ 5,791 $ 6,269

Property and equipment, at cost $ 8,141 $ 8,233 $ 8,934

Accumulated depreciation $ (2,965) $ (2,880) $ (3,315)

Property, plant and equipment, net $ 5,176 $ 5,353 $ 5,619

Intangible assets n no no data $ 535

Prepaid pension costs no data no data $ 663

Other long-term assets $ 1,167 $ 745 $ 151

Total non-current assets $ 6,343 $ 6,098 $ 6,968 Total assets $ 11,424 $ 9,781 $ 11,801

Calendar Year 2011 2012 2013 Liabilities

Short-term debt $ 231 $ 673

Capital leases $ 26 $ 27

Accounts payable $ 1,022 $ 1,162 $ 948

Taxes payable $ 111 $ 91

Accrued liabilities $ 1,038 $ 1,107

Other current liabilities $ 354 $ 1,395

Total current liabilities $ 2,756 $ 2,583 $ 2,846 Non-current liabilities

Long-term debt $ 2,871 $ 2,956 $ 4,839

Capital leases $ 62

Deferred taxes liabilities $ 888 $ 388 $ 335

Pensions and other benefits $ 187

Other long-term liabilities $ 899 $ 683 $ 445

Total non-current liabilities $ 4,658 $ 4,027 $ 5,868

Total liabilities $ 7,414 $ 6,610 $ 8,714 Stockholders' equity Common stock $ 108 $ 110 $ 152

Additional paid-in capital $ 3,699 $ 3,799 $ 4,571

Retained earnings $ 1,412 $ 380 $ (1,008)

Accumulated other comprehensive income $ (1,209) $ (1,118) $ (628)

Total stockholders' equity $ 4,010 $ 3,171 $ 3,087 Total liabilities and stockholders' equity $ 11,424 $ 9,781 $ 11,801

Financial data reporting dates: 2012-01 2013-01 2014-01

JCP fiscal year is Feb-Jan, so Jan reports reflect mostly prior calendar year financial data.

For Financial Ratios calculations please use Calendar Year information listed in this table.