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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2026
Feb. 01, 2025
Current Assets    
Cash and cash equivalents $ 4,594,392 $ 4,730,744
Accounts receivable 181,301 144,482
Merchandise inventory 2,630,970 2,444,513
Prepaid expenses and other 233,434 218,957
Total current assets 7,640,097 7,538,696
Property and Equipment    
Land and buildings 1,836,167 1,493,496
Fixtures and equipment 5,056,827 4,521,044
Leasehold improvements 1,861,160 1,701,340
Construction-in-progress 477,290 807,256
Property and equipment, gross 9,231,444 8,523,136
Less accumulated depreciation and amortization 5,142,684 4,730,733
Property and equipment, net 4,088,760 3,792,403
Operating lease assets 3,519,610 3,294,858
Other long-term assets 300,270 279,375
Total assets 15,548,737 14,905,332
Current Liabilities    
Accounts payable 2,386,418 2,126,317
Accrued expenses and other 666,978 626,490
Current operating lease liabilities 727,855 703,337
Accrued payroll and benefits 484,407 462,284
Income taxes payable 61,779 43,666
Current portion of long-term debt 499,743 699,731
Total current liabilities 4,827,180 4,661,825
Long-term debt 1,017,863 1,515,080
Non-current operating lease liabilities 2,966,877 2,764,281
Other long-term liabilities 287,947 267,911
Deferred income taxes 261,427 187,040
Commitments and contingencies
Stockholders’ Equity    
Common stock, par value $0.01 per share Authorized 1,000,000,000 shares Issued and outstanding 322,333,000 and 328,813,000 shares, respectively 3,223 3,288
Additional paid-in capital 2,257,354 2,097,110
Treasury stock (799,288) (719,410)
Retained earnings 4,726,154 4,128,207
Total stockholders’ equity 6,187,443 5,509,195
Total liabilities and stockholders’ equity $ 15,548,737 $ 14,905,332