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Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 01, 2020
Feb. 02, 2019
Assets    
Cash and cash equivalents $ 853 $ 957
Accounts receivable, net 179 148
Merchandise inventories 1,920 1,978
Prepaid expenses and other 278 291
Total current assets 3,230 3,374
Land, property and equipment, net 4,179 3,921
Operating lease right-of-use assets 1,774 0
Goodwill 249 249
Other assets 305 342
Total assets 9,737 7,886
Liabilities and Shareholders’ Equity    
Accounts payable 1,576 1,469
Accrued salaries, wages and related benefits 510 580
Operating Lease, Liability, Current 244 0
Other current liabilities 1,190 1,324
Current portion of long-term debt 0 8
Total current liabilities 3,520 3,381
Long-term debt, net 2,676 2,677
Deferred property incentives, net 4 457
Operating Lease, Liability, Noncurrent 1,875 0
Other liabilities 683 498
Commitments and contingencies (Note 11)
Shareholders’ equity:    
Common stock, no par value: 1,000 shares authorized; 155.6 and 157.6 shares issued and outstanding 3,129 3,048
Accumulated deficit (2,082) (2,138)
Accumulated other comprehensive loss (68) (37)
Total shareholders’ equity 979 873
Total liabilities and shareholders’ equity $ 9,737 $ 7,886