Question

Please describe the financial statement disclosures made by Target Corporation recently regarding its long-term assets and liabilities.

Answer 1

Notes to Financial Statement
Note No.15
Other Non Current Assets
Particulars	Amount
Goodwill and intangible assets	$         782.00
Life Insurance investment	$         383.00
Pension Asset	$           46.00
Other	$         206.00
Total	$     1,417.00
Company Owns Life insurance policy on its employees and employees have consented to be insured.
Other Non Current Liabilities
Note No.24
Particluars	amount
Deffered Tax Income Liability	$         600.00
Deffered compensation	$         503.00
Income Tax	$         332.00
Workers Compensation	$         278.00
Pension Benefits	$           41.00
Other	$         305.00
Total	$     2,059.00
Defrred income is related with the Pharmacy transaction of the company