Consolidated Balance Sheets - USD ($) $ in Millions	Jan. 29, 2016	Jan. 30, 2015
Current assets:
Cash and cash equivalents	$ 405	$ 466
Short-term investments	307	125
Merchandise inventory - net	9,458	8,911
Other current assets	391	349
Total current assets	10,561	9,851
Property, less accumulated depreciation	19,577	20,034
Long-term investments	222	354
Deferred income taxes - net	241	133
Other assets	665	1,349
Total assets	31,266	31,721
Current liabilities:
Short-term borrowings	43	0
Current maturities of long-term debt	1,061	552	[1]
Accounts payable	5,633	5,124
Accrued compensation and employee benefits	820	773
Deferred revenue	1,078	979
Other current liabilities	1,857	1,920
Total current liabilities	10,492	9,348
Long-term debt, excluding current maturities	11,545	10,806	[1]
Deferred revenue - extended protection plans	729	730
Other liabilities	846	869
Total liabilities	$ 23,612	$ 21,753
Commitments and contingencies
Shareholders' equity:
Preferred stock - $5 par value, none issued	$ 0	$ 0
Common stock - $.50 par value; Shares issued and outstanding 910 at January 29, 2016 and 960 at January 30, 2015, respectively	455	480
Capital in excess of par value	0	0
Retained earnings	7,593	9,591
Accumulated other comprehensive loss	(394)	(103)
Total shareholders' equity	7,654	9,968
Total liabilities and shareholders' equity	$ 31,266	$ 31,721

[1] In connection with the Company’s adoption of ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, prior year debt balances have been retrospectively adjusted to include a direct deduction of unamortized debt issuance costs. Prior to the Company’s adoption of ASU 2015-03, these unamortized debt issuance costs were included in other assets on the Company’s consolidated balance sheets.