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Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 29, 2022
Jan. 30, 2021
Assets    
Cash and cash equivalents $ 322 $ 681
Accounts receivable, net 255 245
Merchandise inventories 2,289 1,863
Prepaid expenses and other 306 853
Total current assets 3,172 3,642
Land, property and equipment, net 3,562 3,732
Operating lease right-of-use assets 1,496 1,581
Goodwill 249 249
Other assets 390 334
Total assets 8,869 9,538
Liabilities and Shareholders’ Equity    
Accounts payable 1,529 1,960
Accrued salaries, wages and related benefits 383 352
Current portion of operating lease liabilities 242 260
Other current liabilities 1,160 1,048
Current portion of long-term debt 0 500
Total current liabilities 3,314 4,120
Long-term debt, net 2,853 2,769
Non-current operating lease liabilities 1,556 1,687
Other liabilities 565 657
Commitments and contingencies (Note 13)
Shareholders’ equity:    
Common stock, no par value: 1,000 shares authorized; 159.4 and 157.8 shares issued and outstanding 3,283 3,205
Accumulated deficit (2,652) (2,830)
Accumulated other comprehensive loss (50) (70)
Total shareholders’ equity 581 305
Total liabilities and shareholders’ equity $ 8,869 $ 9,538