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Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 31, 2020
Feb. 01, 2020
Nov. 02, 2019
Current Assets:      
Cash and Cash Equivalents $ 2,622 $ 1,499 $ 340
Accounts Receivable, Net 297 306 295
Inventories 1,865 1,287 2,032
Other 143 153 259
Total Current Assets 4,927 3,245 2,926
Property and Equipment, Net 2,231 2,486 2,571
Operating Lease Assets 2,558 3,053 3,130
Goodwill 628 628 1,318
Trade Names 411 411 411
Deferred Income Taxes 69 84 63
Other Assets 337 218 211
Total Assets 11,161 10,125 10,630
Current Liabilities:      
Accounts Payable 1,101 647 1,024
Accrued Expenses and Other 1,479 1,052 980
Current Debt 11 61 75
Current Operating Lease Liabilities 625 478 460
Income Taxes 114 134 4
Total Current Liabilities 3,330 2,372 2,543
Deferred Income Taxes 191 219 246
Long-term Debt 6,451 5,487 5,477
Long-term Operating Lease Liabilities 2,566 3,052 3,108
Other Long-term Liabilities 187 490 494
Shareholders’ Equity (Deficit):      
Preferred Stock - $1.00 par value; 10 shares authorized; none issued 0 0 0
Common Stock - $0.50 par value; 1,000 shares authorized; 286, 285 and 284 shares issued; 278, 277 and 276 shares outstanding, respectively 143 142 142
Paid-in Capital 879 847 828
Accumulated Other Comprehensive Income 48 52 53
Retained Earnings (Deficit) (2,280) (2,182) (1,907)
Less: Treasury Stock, at Average Cost; 8, 8 and 8 shares, respectively (358) (358) (358)
Total L Brands, Inc. Shareholders’ Equity (Deficit) (1,568) (1,499) (1,242)
Noncontrolling Interest 4 4 4
Total Equity (Accumulated Deficit) (1,564) (1,495) (1,238)
Total Liabilities and Equity (Deficit) $ 11,161 $ 10,125 $ 10,630