Consolidated Balance Sheets - USD ($) $ in Millions	Feb. 02, 2024	Feb. 03, 2023
Current assets:
Cash and cash equivalents	$ 921	$ 1,348
Short-term investments	307	384
Merchandise inventory – net	16,894	18,532
Other current assets	949	1,178
Total current assets	19,071	21,442
Property, less accumulated depreciation	17,653	17,567
Operating lease right-of-use assets	3,733	3,518
Long-term investments	252	121
Deferred income taxes – net	248	250
Other assets	838	810
Total assets	41,795	43,708
Current liabilities:
Short-term borrowings	0	499
Current maturities of long-term debt	537	585
Current operating lease liabilities	487	522
Accounts payable	8,704	10,524
Accrued compensation and employee benefits	954	1,109
Deferred revenue	1,408	1,603
Income taxes payable	33	1,181
Other current liabilities	3,445	3,488
Total current liabilities	15,568	19,511
Long-term debt, excluding current maturities	35,384	32,876
Noncurrent operating lease liabilities	3,737	3,512
Deferred revenue – Lowe’s protection plans	1,225	1,201
Other liabilities	931	862
Total liabilities	56,845	57,962
Commitments and contingencies
Shareholders’ deficit:
Preferred stock – $5 par value: Authorized – 5.0 million shares; Issued and outstanding – none	0	0
Common stock – $0.50 par value: Authorized – 5.6 billion shares; Issued and outstanding – 574 million and 601 million, respectively	287	301
Accumulated deficit	(15,637)	(14,862)
Accumulated other comprehensive income	300	307
Total shareholders’ deficit	(15,050)	(14,254)
Total liabilities and shareholders’ deficit	$ 41,795	$ 43,708