Using the following information from an annual report, prepare a vertical analysis of the consolidated balance sheet at June 30, 20x5. (Round percentage answers to one decimal place.)
June 30, 20x5
(In millions)
Cash and cash equivalents $ 584
Accounts and other receivables 182
Merchandise inventories 2,027
Prepaid expenses and other current assets 80
Total current assets $2,873
Real estate, net $2,342
Other, net 2,113
Total property and equipment $4,455
Goodwill, net $ 374
Other assets 651
Total assets $8,353
Short-term borrowings $ 278
Accounts payable 1,617
Accrued expenses and other current liabilities 836
Income taxes payable 107
Total current liabilities $2,838
Long-term debt $1,230
Deferred income taxes 362
Other liabilities 243
Total liabilities $4,673
Common stock $ 30
Additional paid-in capital 453
Retained earnings 4,757
Foreign currency translation adjustments (137)
Treasury shares, at cost (1,423)
Total stockholders'' equity $3,680
Total liabilities and stockholders'' equity $8,353