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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 02, 2020
Feb. 01, 2020
May 04, 2019
Current Assets      
Cash and cash equivalents $ 2,669,535 $ 1,351,205 $ 1,366,592
Accounts receivable 49,624 102,236 121,607
Merchandise inventory 1,757,263 1,832,339 1,813,773
Prepaid expenses and other 111,493 147,048 160,733
Total current assets 4,587,915 3,432,828 3,462,705
Property and Equipment      
Land and buildings 1,177,847 1,177,262 1,129,049
Fixtures and equipment 3,125,333 3,115,003 2,844,135
Leasehold improvements 1,238,313 1,219,736 1,139,600
Construction-in-progress 281,692 189,536 148,021
Property and equipment, gross 5,823,185 5,701,537 5,260,805
Less accumulated depreciation and amortization 3,126,467 3,048,101 2,824,433
Property and equipment, net 2,696,718 2,653,436 2,436,372
Operating lease assets 3,078,373 3,053,782 2,942,980
Other long-term assets 365,040 208,321 207,063
Total assets 10,728,046 9,348,367 9,049,120
Current Liabilities      
Accounts payable 706,267 1,296,482 1,296,183
Accrued expenses and other 374,811 462,111 450,762
Current operating lease liabilities 570,832 564,481 536,900
Accrued payroll and benefits 166,707 364,435 220,376
Income taxes payable 0 14,425 89,290
Short-term debt 805,000 0 0
Total current liabilities 2,623,617 2,701,934 2,593,511
Long-term debt 2,285,614 312,891 312,552
Non-current operating lease liabilities 2,631,769 2,610,528 2,514,530
Other long-term liabilities 206,504 214,086 226,788
Deferred income taxes 163,150 149,679 134,213
Commitments and contingencies
Stockholders’ Equity      
Common stock, par value $.01 per share Authorized 1,000,000,000 shares Issued and outstanding 355,922,000, 356,775,000 and 365,260,000 shares, respectively 3,559 3,568 3,653
Additional paid-in capital 1,484,911 1,458,307 1,391,558
Treasury stock (465,645) (433,328) (423,543)
Retained earnings 1,794,567 2,330,702 2,295,858
Total stockholders’ equity 2,817,392 3,359,249 3,267,526
Total liabilities and stockholders’ equity $ 10,728,046 $ 9,348,367 $ 9,049,120