12. Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:

	July 28, 2012		July 30, 2011
	(millions)
Prepaid expenses	$	74.8	$	27.3
Accounts receivable		37.9		24.3
Other current assets		46.1		20.7
Total prepaid expenses and other current assets	$	158.8	$	72.3

The increase in prepaid expenses and other current assets is primarily due to the Charming Shoppes Acquisition, which was consummated on June 14, 2012. See Note 5 for further reference.