CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 30, 2016		Jan. 30, 2016	May. 02, 2015
Current assets
Cash and cash equivalents	$ 1,845		$ 1,976	$ 2,173
Short-term investments	1,220		1,305	1,566
Receivables, net	1,097		1,162	995
Merchandise inventories	4,719		5,051	4,930
Other current assets	401		392	465
Total current assets	9,282		9,886	10,129
Property and equipment, net	2,332		2,346	2,244
Goodwill	425		425	425
Intangibles, net	18		18	18
Other assets	813		813	863
Non-current assets held for sale	31		31	33
Total assets	12,901		13,519	13,712
Current liabilities
Accounts payable	4,397		4,450	4,584
Unredeemed gift card liabilities	379		409	385
Deferred revenue	349		357	304
Accrued compensation and related expenses	277		384	277
Accrued liabilities	791		802	743
Accrued income taxes	97		128	45
Current portion of long-term debt	44	[1]	395	383
Total current liabilities	6,334		6,925	6,721
Long-term liabilities	807		877	906
Long-term debt	1,334		1,339	1,217
Best Buy Co., Inc. shareholders’ equity
Preferred stock, $1.00 par value: Authorized — 400,000 shares; Issued and outstanding — none	0		0	0
Common stock, $0.10 par value: Authorized — 1.0 billion shares; Issued and outstanding — 324,000,000, 324,000,000 and 353,000,000 shares, respectively	32		32	35
Prepaid Share Repurchase	0		(55)	0
Additional paid-in capital	0		0	494
Retained earnings	4,078		4,130	4,009
Accumulated other comprehensive income	316		271	330
Total equity	4,426		4,378	4,868
Total liabilities and equity	$ 12,901		$ 13,519	$ 13,712

[1] Our 2016 Notes, due March 15, 2016, were classified in our current portion of long-term debt as of January 30, 2016 and May 2, 2015, respectively. In March 2016, we repaid the 2016 Notes using existing cash resources.