Basis of Presentation (Tables)

3 Months Ended

May 04, 2019

Basis of Presentation

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

	February 2, 2019 As Reported		ASU 2016-02 Adjustment on February 3, 2019			February 3, 2019 Adjusted
Assets
Other current assets	$	466	$	(65)	(a)	$	401
Net property and equipment		2,510		(173)	(b)		2,337
Operating lease assets		-		2,736	(c)		2,736
Other assets		606		4	(d)		610
Liabilities
Accrued liabilities		982		(28)	(e)		954
Current portion of operating lease liabilities		-		712	(f)		712
Current portion of long-term debt		56		(43)	(b)		13
Long-term liabilities		750		(115)	(e)		635
Long-term operating lease liabilities		-		2,135	(f)		2,135
Long-term debt		1,332		(140)	(b)		1,192
Equity
Retained earnings		2,985		(19)	(g)		2,966

(a)Represents the reclassification of prepaid rent and leasehold acquisition costs to Operating lease assets.

(b)Represents the derecognition of financing obligations and reclassification to Operating lease assets.

(c)Represents the capitalization of operating lease assets and the reclassification of prepaid rent and leasehold acquisition costs, offset by the reclassification of straight-line rent accruals, tenant improvement allowances and vacant space reserves.

(d)Represents the deferred tax impact of the on-adoption adjustments.

(e)Represents the reclassification of straight-line rent accruals, tenant improvement allowances and vacant space reserves to Operating lease assets.

(f)Represents the recognition of operating lease liabilities.

(g)Represents the net-of-tax retained earnings impact of impairment charges and the derecognition of financing obligations.

Total Cash, Cash Equivalents and Restricted Cash

	May 4, 2019		February 2, 2019		May 5, 2018
Cash and cash equivalents	$	1,561	$	1,980	$	1,848
Restricted cash included in Other current assets		206		204		201
Total cash, cash equivalents and restricted cash	$	1,767	$	2,184	$	2,049