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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 29, 2016
Jan. 30, 2016
Oct. 31, 2015
Current assets      
Cash and cash equivalents $ 1,341 $ 1,976 $ 1,697
Short-term investments 1,777 1,305 1,650
Receivables, net 1,174 1,162 1,061
Merchandise inventories 6,331 5,051 6,651
Other current assets 398 392 409
Total current assets 11,021 9,886 11,468
Property and equipment, net 2,298 2,346 2,329
Goodwill 425 425 425
Intangibles, net 18 18 18
Other assets 780 813 897
Non-current assets held for sale 0 31 32
Total assets 14,542 13,519 15,169
Current liabilities      
Accounts payable 6,233 4,450 6,184
Unredeemed gift card liabilities 377 409 379
Deferred revenue 380 357 330
Accrued compensation and related expenses 308 384 306
Accrued liabilities 782 802 790
Accrued income taxes 43 128 23
Current portion of long-term debt [1] 43 395 383
Total current liabilities 8,166 6,925 8,395
Long-term liabilities 791 877 874
Long-term debt 1,324 1,339 1,250
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 — 313,000,000, 324,000,000 and 345,000,000 shares, respectively 31 32 34
Prepaid Share Repurchase 0 (55)
Additional paid-in capital 0 0 185
Retained earnings 3,953 4,130 4,135
Accumulated other comprehensive income 277 271 296
Total equity 4,261 4,378 4,650
Total liabilities and equity $ 14,542 $ 13,519 $ 15,169
[1] Our 2016 Notes, due March 15, 2016, were classified in our current portion of long-term debt as of January 30, 2016 and October 31, 2015, respectively. In March 2016, we repaid the 2016 Notes using existing cash resources.