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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 02, 2025
Feb. 01, 2025
Aug. 03, 2024
Current Assets      
Cash and cash equivalents $ 3,847,016 $ 4,730,744 $ 4,668,137
Accounts receivable 210,520 144,482 181,918
Merchandise inventory 2,608,485 2,444,513 2,490,558
Prepaid expenses and other 259,815 218,957 254,370
Total current assets 6,925,836 7,538,696 7,594,983
Property and Equipment      
Land and buildings 1,821,855 1,493,496 1,486,214
Fixtures and equipment 4,883,392 4,521,044 4,341,764
Leasehold improvements 1,727,314 1,701,340 1,607,226
Construction-in-progress 394,493 807,256 694,574
Property and equipment, gross 8,827,054 8,523,136 8,129,778
Less accumulated depreciation and amortization 4,920,714 4,730,733 4,546,243
Property and equipment, net 3,906,340 3,792,403 3,583,535
Operating lease assets 3,374,582 3,294,858 3,234,180
Other long-term assets 288,761 279,375 265,323
Total assets 14,495,519 14,905,332 14,678,021
Current Liabilities      
Accounts payable 2,205,613 2,126,317 2,217,227
Accrued expenses and other 655,218 626,490 639,703
Current operating lease liabilities 716,162 703,337 691,036
Accrued payroll and benefits 315,893 462,284 353,980
Income taxes payable 0 43,666 23,266
Current portion of long-term debt 499,122 699,731 949,028
Total current liabilities 4,392,008 4,661,825 4,874,240
Long-term debt 1,017,218 1,515,080 1,513,826
Non-current operating lease liabilities 2,835,481 2,764,281 2,710,239
Other long-term liabilities 279,258 267,911 254,487
Deferred income taxes 238,985 187,040 194,697
Commitments and contingencies
Stockholders’ Equity      
Common stock, par value $.01 per share Authorized 1,000,000,000 shares Issued and outstanding 325,531,000, 328,813,000 and 332,075,000 shares, respectively 3,255 3,288 3,321
Additional paid-in capital 2,170,734 2,097,110 2,024,822
Treasury stock (783,830) (719,410) (705,046)
Retained earnings 4,342,410 4,128,207 3,807,435
Total stockholders’ equity 5,732,569 5,509,195 5,130,532
Total liabilities and stockholders’ equity $ 14,495,519 $ 14,905,332 $ 14,678,021