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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 01, 2026
Jan. 31, 2026
Aug. 02, 2025
Current Assets      
Cash and cash equivalents $ 4,288,124 $ 4,594,392 $ 3,847,016
Accounts receivable 248,140 181,301 210,520
Merchandise inventory 3,087,370 2,630,970 2,608,485
Prepaid expenses and other 252,726 233,434 259,815
Total current assets 7,876,360 7,640,097 6,925,836
Property and Equipment      
Land and buildings 1,838,383 1,836,167 1,821,855
Fixtures and equipment 5,310,383 5,056,827 4,883,392
Leasehold improvements 1,900,782 1,861,160 1,727,314
Construction-in-progress 558,837 477,290 394,493
Property and equipment, gross 9,608,385 9,231,444 8,827,054
Less accumulated depreciation and amortization 5,350,579 5,142,684 4,920,714
Property and equipment, net 4,257,806 4,088,760 3,906,340
Operating lease assets 3,545,351 3,519,610 3,374,582
Other long-term assets 302,763 300,270 288,761
Total assets 15,982,280 15,548,737 14,495,519
Current Liabilities      
Accounts payable 2,621,740 2,386,418 2,205,613
Accrued expenses and other 744,284 666,978 655,218
Current operating lease liabilities 752,302 727,855 716,162
Accrued payroll and benefits 440,837 484,407 315,893
Income taxes payable 84,916 61,779 0
Current portion of long-term debt 241,459 499,743 499,122
Total current liabilities 4,885,538 4,827,180 4,392,008
Long-term debt 777,053 1,017,863 1,017,218
Non-current operating lease liabilities 2,968,337 2,966,877 2,835,481
Other long-term liabilities 295,611 287,947 279,258
Deferred income taxes 312,557 261,427 238,985
Commitments and contingencies
Stockholders’ Equity      
Common stock, par value $.01 per share Authorized 1,000,000,000 shares Issued and outstanding 319,668,000, 322,333,000 and 325,531,000 shares, respectively 3,197 3,223 3,255
Additional paid-in capital 2,359,505 2,257,354 2,170,734
Treasury stock (935,883) (799,288) (783,830)
Retained earnings 5,316,365 4,726,154 4,342,410
Total stockholders’ equity 6,743,184 6,187,443 5,732,569
Total liabilities and stockholders’ equity $ 15,982,280 $ 15,548,737 $ 14,495,519