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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Oct. 31, 2025
Jan. 31, 2025
Nov. 01, 2024
Current assets:      
Cash and cash equivalents $ 621 $ 1,761 $ 3,271
Short-term investments 412 372 335
Receivables - net 1,216 94 108
Merchandise inventory - net 17,183 17,409 17,566
Other current assets 788 722 697
Total current assets 20,220 20,358 21,977
Property, less accumulated depreciation 18,309 17,649 17,586
Operating lease right-of-use assets 4,345 3,738 3,771
Long-term investments 280 277 312
Deferred income taxes - net 0 244 261
Intangible assets - net 5,994 277 281
Goodwill 3,982 311 311
Other assets 323 248 244
Total assets 53,453 43,102 44,743
Current liabilities:      
Current maturities of long-term debt 2,437 2,586 2,576
Current operating lease liabilities 691 563 497
Accounts payable 10,236 9,290 10,602
Accrued compensation and employee benefits 1,023 1,008 828
Deferred revenue 1,537 1,358 1,359
Other current liabilities 3,527 3,952 3,585
Total current liabilities 19,451 18,757 19,447
Long-term debt, excluding current maturities 37,498 32,901 32,906
Noncurrent operating lease liabilities 4,070 3,628 3,741
Deferred income taxes - net 808 0 0
Deferred revenue - Lowe's protection plans 1,273 1,268 1,260
Other liabilities 735 779 808
Total liabilities 63,835 57,333 58,162
Shareholders' deficit:      
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 – 561 million, 565 million, and 560 million, respectively 280 280 282
Capital in excess of par value 228 0 0
Accumulated deficit (11,165) (14,799) (13,993)
Accumulated other comprehensive income 275 288 292
Total shareholders' deficit (10,382) (14,231) (13,419)
Total liabilities and shareholders' deficit $ 53,453 $ 43,102 $ 44,743