See Notes to Consolidated Financial Statements. 34 October 26, October 27,  (in thousands, except share and per share amounts)  2014 2013 Assets Current Assets Cash and cash equivalents  $ 334,174 $ 434,014 Accounts receivable (net of allowance for doubtful accounts of $4,050 at October 26, 2014, and $4,000 at October 27, 2013)  609,526 551,500 Inventories  1,054,552 967,977 Income taxes receivable  25,678 – Deferred income taxes  86,853 73,543 Prepaid expenses  15,250 13,000 Other current assets  6,738 7,379 Total Current Assets  2,132,771 2,047,413 Deferred Income Taxes  – 25,086 Goodwill 1,226,406 934,472 Other Intangibles  554,890 378,093 Pension Assets  130,284 162,535 Investments in and Receivables from Affiliates  264,451 270,609 Other Assets  145,050 142,339 Property, Plant and Equipment Land 61,809 58,506 Buildings  803,722 784,133 Equipment  1,597,044 1,532,527 Construction in progress  119,657 85,696 2,582,232 2,460,862 Less allowance for depreciation  (1,580,465) (1,505,529) 1,001,767 955,333 Total Assets  $ 5,455,619 $ 4,915,880 Liabilities and Shareholders’ Investment Current Liabilities Accounts payable  $ 484,042 $ 387,284 Accrued expenses  76,836 20,965 Accrued workers compensation  35,406 38,217 Accrued marketing expenses  89,561 91,332 Employee related expenses  209,874 192,063 Taxes payable  5,507 8,637 Interest and dividends payable  53,466 45,511 Total Current Liabilities  954,692 784,009 Long-Term Debt — less current maturities  250,000 250,000 Pension and Post-Retirement Benefits  502,693 481,230 Other Long-Term Liabilities  112,176 84,062 Deferred Income Taxes  24,002 – Shareholders’ Investment Preferred stock, par value $0.01 a share — authorized 160,000,000 shares; issued — none Common stock, nonvoting, par value $0.01 a share — authorized 400,000,000 shares; issued — none Common stock, par value $0.0293 a share — authorized 800,000,000 shares;  issued 263,613,201 shares October 26, 2014 issued 263,658,296 shares October 27, 2013  7,724 7,725 Accumulated other comprehensive loss  (207,700) (149,214) Retained earnings  3,805,654 3,452,529 Hormel Foods Corporation Shareholders’ Investment  3,605,678 3,311,040 Noncontrolling Interest  6,378 5,539 Total Shareholders’ Investment  3,612,056 3,316,579 Total Liabilities And Shareholders’ Investment  $ 5,455,619 $ 4,915,880 Consolidated Statements of Financial Position