EX-99.1 2 c48683_ex99-1.htm Untitled Document

EXHIBIT 99.1

     FOOT LOCKER, INC.
Condensed Consolidated Balance Sheets
(unaudited)

(In millions)

 
May 5,
April 29,
 
2007
2006
Assets      
 
 
CURRENT ASSETS      
 
Cash, cash equivalents and short-term investments
$
418
 
$
370
Merchandise inventories  
1,490
 
1,403
Other current assets  
265
   
172
   
2,173
 
1,945
 
Property and equipment, net  
659
 
674
Deferred tax assets  
118
 
159
Other assets  
455
   
472
  $
3,405
 
$
3,250
 
Liabilities and Shareholders’ Equity  
 
 
CURRENT LIABILITIES  
 
Accounts payable $
403
 
$
380
Accrued and other liabilities  
252
   
226
   
655
 
606
 
Long-term debt and obligations under capital leases  
221
 
272
Other liabilities  
234
 
301
SHAREHOLDERS’ EQUITY  
2,295
   
2,071
  $
3,405
 
$
3,250