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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
May 01, 2020
Jan. 31, 2020
May 03, 2019
Current assets:      
Cash and cash equivalents $ 5,955 $ 716 $ 2,973
Short-term investments 201 160 190
Merchandise inventory – net 14,283 13,179 15,026
Other current assets 1,487 1,263 1,146
Total current assets 21,926 15,318 19,335
Property, less accumulated depreciation 18,501 18,669 18,150
Operating lease right-of-use assets 3,876 3,891 3,926
Long-term investments 300 372 235
Deferred income taxes – net 215 216 495
Other assets 1,014 1,005 1,078
Total assets 45,832 39,471 43,219
Current liabilities:      
Short-term borrowings 1,000 1,941 0
Current maturities of long-term debt 604 597 1,008
Current operating lease liabilities 506 501 500
Accounts payable 10,841 7,659 11,485
Accrued compensation and employee benefits 982 684 769
Deferred revenue 1,212 1,219 1,376
Other current liabilities 3,180 2,581 2,643
Total current liabilities 18,325 15,182 17,781
Long-term debt, excluding current maturities 20,200 16,768 16,542
Noncurrent operating lease liabilities 3,915 3,943 4,064
Deferred revenue – extended protection plans 915 894 837
Other liabilities 761 712 759
Total liabilities 44,116 37,499 39,983
Shareholders' equity:      
Preferred stock, $5 par value: Authorized – 5.0 million shares; Issued and outstanding – none 0 0 0
Common stock, $0.50 par value: Authorized – 5.6 billion shares; Issued and outstanding – 755 million at May 1,2020, 795 million at May 3, 2019, and 763 million shares at January 31, 2020 377 381 397
Capital in excess of par value 10 0 0
Retained earnings 1,722 1,727 3,095
Accumulated other comprehensive loss (393) (136) (256)
Total shareholders' equity 1,716 1,972 3,236
Total liabilities and shareholders' equity $ 45,832 $ 39,471 $ 43,219