Condensed Consolidated Balance Sheets - USD ($) $ in Millions	May 02, 2020	Feb. 01, 2020	May 04, 2019
Current assets
Cash and cash equivalents	$ 3,919	$ 2,229	$ 1,561
Receivables, net	749	1,149	833
Merchandise inventories	3,993	5,174	5,195
Other current assets	335	305	425
Total current assets	8,996	8,857	8,014
Property and equipment, net	2,291	2,328	2,334
Operating lease assets	2,631	2,709	2,708
Goodwill	986	984	915
Other assets	701	713	579
Total assets	15,605	15,591	14,550
Current liabilities
Accounts payable	4,428	5,288	4,718
Unredeemed gift card liabilities	257	281	265
Deferred revenue	531	501	409
Accrued compensation and related expenses	213	410	275
Accrued liabilities	769	906	851
Short-term debt	1,250
Current portion of operating lease liabilities	683	660	639
Current portion of long-term debt	673	14	14
Total current liabilities	8,804	8,060	7,171
Long-term liabilities	694	657	659
Long-term operating lease liabilities	2,076	2,138	2,173
Long-term debt	621	1,257	1,193
Contingencies (Note 10)
Equity
Preferred stock, $1.00 par value: Authorized - 400,000 shares; Issued and outstanding - none
Common stock, $0.10 par value: Authorized - 1.0 billion shares; Issued and outstanding - 257 million, 256 million, and 267 million shares, respectively	26	26	27
Additional paid-in capital	15
Retained earnings	3,126	3,158	3,038
Accumulated other comprehensive income	243	295	289
Total equity	3,410	3,479	3,354
Total liabilities and equity	$ 15,605	$ 15,591	$ 14,550

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).