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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jan. 28, 2012
Jan. 29, 2011
Current Assets:    
Cash and Cash Equivalents $ 935 $ 1,130
Accounts Receivable, Net 218 232
Inventories 997 1,032
Deferred Income Taxes 51 35
Other 167 163
Total Current Assets 2,368 2,592
Property and Equipment, Net 1,644 1,610
Goodwill 1,330 1,451
Trade Names and Other Intangible Assets, Net 495 592
Other Assets 271 206
Total Assets 6,108 6,451
Current Liabilities:    
Accounts Payable 540 545
Accrued Expenses and Other 770 765
Current Portion of Long-term Debt 57 [1] 0 [1]
Income Taxes 159 194
Total Current Liabilities 1,526 1,504
Deferred Income Taxes 183 202
Long-term Debt 3,481 2,507
Other Long-term Liabilities 780 761
Shareholders' Equity:    
Preferred Stock - $1.00 par value; 10 shares authorized; none issued 0 0
Common Stock - $0.50 par value; 1,000 shares authorized; 296 and 329 shares issued; 295 and 321 shares outstanding, respectively 148 164
Paid-in Capital 25 164
Accumulated Other Comprehensive Income 0 1
Retained Earnings 24 1,354
Less: Treasury Stock, at Average Cost; 1 and 8 shares, respectively (60) (207)
Total Limited Brands, Inc. Shareholders' Equity 137 1,476
Noncontrolling Interest 1 1
Total Equity 138 1,477
Total Liabilities and Equity $ 6,108 $ 6,451
[1] The principal balance outstanding was $57 million as of both January 28, 2012 and January 29, 2011. The balances include a fair value interest rate hedge adjustment which increased the debt balance by $0 million as of January 28, 2012 and $1 million as of January 29, 2011.