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CASE 6 • WAL-MART STORES, INC. — 2009 61

EXHIBIT 2 Consolidated Balance Sheets (amounts in millions
except per share data)

January 31
2009 2008
ASSETS
Current Assets:
Cash and cash equivalents $ 7,275 $ 5,492
Receivables 3,905 3,642
Inventories 34,511 35,159
Prepaid expenses and other 3,063 2,760
Current assets of discontinued operations 195 967
Total Current Assets $ 48,949 $ 48,020
Property and Equipment, at Cost:
Land 19,852 19,879
Buildings and improvements 73,810 72,141
Fixtures and equipment 29,851 28,026
Transportation equipment 2,307 2,210
Property and equipment, at cost 125,820 122,256
Less accumulated depreciation (32,964) (28,531)
Property and equipment, net 92,856 93,725

Property under Capital Lease:
Property under capital lease: 5,341 5,736
Less accumulated depreciation (2,544) (2,594)
Property under capital lease 2,797 3,142
Goodwill 15,260 15,879
Other assets and deferred charges 3,567 2,748
Total Assets $ 163,429 $ 163,514
LIABILITIES AND STOCKHOLDERS’ EQUITY

Current Liabilities:
Commercial paper $ 1,506 $ 5,040
Accounts payable 28,849 30,344
Accrued liabilities 18,112 15,725
Accrued income taxes 677 1,000
Long-term debt due within one year 5,848 5,913
Obligations under capital leases due
within one year 315 316
Current liabilities of discontinued operations 83 140
Total current liabilities $ 55,390 $ 58,478
Long-term debt 31,349 29,799
Long-term obligations under capital leases 3,200 3,603
Deferred income taxes and other 6,014 5,087
Minority interest 2,191 1,939
Commitments and contingencies
continued