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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 03, 2019
Feb. 02, 2019
Aug. 04, 2018
Assets      
Cash and cash equivalents $ 956 $ 957 $ 1,343
Accounts receivable, net 211 148 200
Merchandise inventories 1,932 1,978 2,065
Prepaid expenses and other 384 291 439
Total current assets 3,483 3,374 4,047
Land, property and equipment (net of accumulated depreciation of $6,813, $6,647 and $6,393) 4,036 3,921 3,860
Operating lease right-of-use assets 1,801 0 0
Goodwill 249 249 249
Other assets 366 342 334
Total assets 9,935 7,886 8,490
Liabilities and Shareholders' Equity      
Accounts payable 1,819 1,469 1,840
Accrued salaries, wages and related benefits 442 580 394
Current portion of operating lease liabilities 237 0 0
Other current liabilities 1,427 1,324 1,380
Current portion of long-term debt 500 8 54
Total current liabilities 4,425 3,381 3,668
Long-term debt, net 2,178 2,677 2,680
Deferred property incentives, net 5 457 480
Non-current operating lease liabilities 1,912 0 0
Other liabilities 656 498 522
Commitments and contingencies (Note 7)
Shareholders' equity:      
Common stock, no par value: 1,000 shares authorized; 154.9, 157.6 and 167.5 shares issued and outstanding 3,084 3,048 2,899
Accumulated deficit (2,286) (2,138) (1,712)
Accumulated other comprehensive loss (39) (37) (47)
Total shareholders’ equity 759 873 1,140
Total liabilities and shareholders’ equity $ 9,935 $ 7,886 $ 8,490