BBY » Topics » Cash and cash equivalents

This excerpt taken from the BBY 8-K filed Feb 1, 2010.
Cash and cash equivalents

 

Cash and cash equivalents represent cash on hand, demand deposits and short-term, highly liquid investments that are readily convertible to known amounts of cash.

 

These excerpts taken from the BBY 10-K filed Apr 29, 2009.

Cash and Cash Equivalents

Cash primarily consists of cash on hand and bank deposits. Cash equivalents primarily consist of money market accounts and other highly liquid investments with an original maturity of three months or less when purchased. The amounts of cash equivalents at February 28, 2009, and March 1, 2008, were $159 and $871, respectively, and the weighted-average interest rates were 0.1% and 4.1%, respectively.

Outstanding checks in excess of funds on deposit (book overdrafts) totaled $146 and $159 at February 28, 2009, and March 1, 2008, respectively, and are reflected as accounts payable in our consolidated balance sheets.

Cash and Cash Equivalents



Cash primarily consists of cash on hand and bank deposits. Cash equivalents primarily consist of money market accounts and other highly liquid
investments with an original maturity of three months or less when purchased. The amounts of cash equivalents at February 28, 2009, and March 1, 2008, were $159 and $871, respectively,
and the weighted-average interest rates were 0.1% and 4.1%, respectively.



Outstanding
checks in excess of funds on deposit (book overdrafts) totaled $146 and $159 at February 28, 2009, and March 1, 2008, respectively, and are reflected as accounts payable in
our consolidated balance sheets.



This excerpt taken from the BBY 10-Q filed Oct 9, 2008.
Cash Equivalents. The carrying value of cash equivalents approximates fair value as maturities are less than three months.  Fair values of cash equivalent instruments that do not trade on a regular basis in active markets are classified as Level 2.  Our cash equivalents are comprised of money market funds.

 

This excerpt taken from the BBY 8-K filed Sep 12, 2008.

o) Cash and cash equivalents

 

Cash and cash equivalents represent cash in hand and at bank, and short-term, highly liquid investments that are readily convertible to known amounts of cash. Cash and cash equivalents include deposits held within a cash pooling mechanism operated by The Carphone Warehouse Group PLC. These deposits are available on demand by the companies within the Group.

 

This excerpt taken from the BBY 10-Q filed Jul 10, 2008.
Cash Equivalents. The carrying value of cash equivalents approximates fair value as maturities are less than three months.  Fair values of cash equivalent instruments that do not trade on a regular basis in active markets are classified as Level 2.  Our cash equivalents are primarily comprised of money market funds and commercial paper.

 

These excerpts taken from the BBY 10-K filed Apr 30, 2008.

Cash and Cash Equivalents

Cash primarily consists of cash on hand and bank deposits. Cash equivalents primarily consist of money market accounts and other highly liquid investments with an original maturity of three months or less when purchased. The amounts of cash equivalents at March 1, 2008, and March 3, 2007, were $871 and $695, respectively, and the weighted-average interest rates were 4.1% and 4.8%, respectively.

Outstanding checks in excess of funds on deposit (book overdrafts) totaled $159 and $183 at March 1, 2008, and March 3, 2007, respectively, and are reflected as current liabilities in our consolidated balance sheets.

Cash and Cash Equivalents



Cash primarily consists of cash on hand and bank deposits. Cash equivalents primarily consist of money market accounts and other highly liquid investments with an original
maturity of three months or less when purchased. The amounts of cash equivalents at March 1, 2008, and March 3, 2007, were $871 and $695, respectively, and the weighted-average interest
rates were 4.1% and 4.8%, respectively.



Outstanding
checks in excess of funds on deposit (book overdrafts) totaled $159 and $183 at March 1, 2008, and March 3, 2007, respectively, and are reflected as current liabilities in
our consolidated balance sheets.



This excerpt taken from the BBY 10-K filed May 2, 2007.
Cash and Cash Equivalents

Cash primarily consists of cash on hand and bank deposits. Cash equivalents primarily consist of money market accounts and other highly liquid investments with an original maturity of three months or less when purchased. We carry these investments at cost, which approximates market value. The amounts of cash equivalents at March 3, 2007, and February 25, 2006, were $695 and $350, respectively, and the weighted-average interest rates were 4.8% and 3.3%, respectively.

Outstanding checks in excess of funds on deposit (“book overdrafts”) totaled $183 and $230 at March 3, 2007, and February 25, 2006, respectively, and are reflected as current liabilities in our consolidated balance sheets.

This excerpt taken from the BBY 10-K filed May 10, 2006.
Cash and Cash Equivalents

Cash primarily consists of cash on hand and bank deposits. Cash equivalents primarily consist of money market accounts and other highly liquid investments with an original maturity of three months or less when purchased. We carry these investments at cost, which approximates market value. The amount of cash equivalents at February 25, 2006, and February 26, 2005, was $350 and $39, respectively, and the weighted-average interest rates were 3.3% and 1.5%, respectively.

Prior to the third quarter of fiscal 2006, we classified variable-rate demand notes as cash equivalents. These securities are now classified as short-term investments. Prior-year amounts have been reclassified to conform with the current-year presentation. See Note 3, Investments, for further details.

Outstanding checks in excess of funds on deposit totaled $230 and $393 at February 25, 2006, and February 26, 2005, respectively, and are reflected as current liabilities in our consolidated balance sheets.

This excerpt taken from the BBY 10-K filed May 10, 2005.

Cash and Cash Equivalents

Cash primarily consists of cash on hand and bank deposits. Cash equivalents primarily consist of money market accounts and other highly liquid investments with an original maturity of three months or less when purchased. We carry these investments at cost, which approximates market value. The amount of cash equivalents at February 26, 2005, and February 28, 2004, was $156 and $73, respectively, and the weighted average interest rates were 2.9% and 0.9%, respectively.

Prior to the fourth quarter of fiscal 2005, we classified auction-rate debt securities as cash equivalents. These securities are now classified as short-term investments or long-term investments, as appropriate. Prior year amounts have been reclassified to conform with the current-year presentation. See Note 3, Investments in Debt Securities, for further information.

Outstanding checks in excess of funds on deposit totaled $393 and $351 at February 26, 2005, and February 28, 2004, respectively, and are reflected as current liabilities.

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