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At January 31, 2011, cash and cash equivalents Tiffany Elsa Peretti Open Heart bracelet  short-term investments were $740.9 million compared with $785.7 million in the prior year; short-term and long-term debt totaled $688.2 million, versus $754.0 million a year ago, and represented 32% of stockholders' equity compared with 40% a year ago. During fiscal 2010, the Company repaid yen 15 billion ($179 million) Tiffany Cushion maturing long-term debt that came due in September, repaid $40 million of long-term debt that came due in December, and issued yen 10 billion ($118 million at time of issuance in September) of new long-term debt. Net inventories at January 31, 2011 were 14% above the prior year to support sales growth, new store openings, product introductions Tiffany Elsa Peretti Open Heart charm internal manufacturing.The translation effect from stronger foreign currencies increased inventories modestly. The Company repurchased 137,000 shares of its Common Stock in the fourth quarter at a total cost of $8 million, or an average cost of $58.26 per share, and repurchased 1,843,000 shares in the full year at a total cost of $80.8 million, Tiffany Elsa Peretti Open Heart drop earrings an average cost of $43.83 per share. In January 2011, the Company's Board of Directors approved a new program (and terminated an existing program that was set to expire) authorizing the Company to repurchase up to $400 million of its Common Stock through January 31, 2013. At January 31, 2011, approximately $392 million remained available for future repurchases.