A Disclosure Note in the Annual Financial Statements of Macy's

question 138

Essay

A disclosure note in the annual financial statements of Macy's Inc. included the following:
"Future maturities of long-term debt, other than capitalized leases and premium on acquired debt, are shown below:"
For how many years subsequent to the current year must Macy's report these amounts? Name at least two other items that must be disclosed for a company's long-term debt.

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Definitions:

Vitamin K

A fat-soluble vitamin that plays a critical role in blood clotting and bone metabolism.

Clotting Factors

Proteins in the blood plasma that work in conjunction with platelets to stop bleeding by forming clots.

Antibodies

Immune system-generated proteins that recognize and neutralize invaders such as bacteria and viruses.

Proteins

Large, complex molecules essential for the structure, function, and regulation of the body's cells, tissues, and organs.