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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 30, 2016
Jan. 30, 2016
Aug. 01, 2015
Assets      
Cash and cash equivalents $ 892 $ 595 $ 423
Accounts receivable held for sale 0 0 2,391
Accounts receivable, net 263 196 241
Merchandise inventories 2,032 1,945 2,004
Current deferred tax assets, net 0 0 256
Prepaid expenses and other 163 278 117
Total current assets 3,350 3,014 5,432
Land, property and equipment (net of accumulated depreciation of $5,330, $5,108 and $4,912) 3,812 3,735 3,570
Goodwill 435 435 447
Other assets 533 514 251
Total assets 8,130 7,698 9,700
Liabilities and Shareholders' Equity      
Accounts payable 1,604 1,324 1,589
Accrued salaries, wages and related benefits 381 416 389
Other current liabilities 1,326 1,161 1,145
Current portion of long-term debt 10 10 333
Total current liabilities 3,321 2,911 3,456
Long-term debt, net 2,772 2,795 2,808
Deferred property incentives, net 530 540 560
Other liabilities 570 581 385
Commitments and contingencies (Note 6)
Shareholders' equity:      
Common stock, no par value: 1,000 shares authorized; 173.3, 173.5 and 188.2 shares issued and outstanding 2,612 2,539 2,460
(Accumulated deficit) Retained earnings (1,635) (1,610) 97
Accumulated other comprehensive loss (40) (58) (66)
Total shareholders' equity 937 871 2,491
Total liabilities and shareholders' equity $ 8,130 $ 7,698 $ 9,700