Is this Google spam?

[etrader]

Hi, I have been looking at the output of my pages using a tool which mimics the way google sees my site.

I have an ecommerce site and have noticed that the tool first sees things in the left hand nav bar, like most other sites this is a list of categories in the form

widgets
digital widgets
2mp widgets
3mp widgets
4mp widgets
accesories for widgets
ect ect ect

I am wondering if Google would view my category list are search engine spam?

cheers