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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 02, 2024
Feb. 03, 2024
Oct. 28, 2023
Current assets      
Cash and cash equivalents $ 643 $ 1,447 $ 636
Receivables, net 932 939 901
Merchandise inventories 7,806 4,958 7,562
Other current assets 574 553 766
Total current assets 9,955 7,897 9,865
Property and equipment, net 2,196 2,260 2,313
Operating lease assets 2,842 2,758 2,827
Goodwill 1,383 1,383 1,383
Other assets 642 669 494
Total assets 17,018 14,967 16,882
Current liabilities      
Accounts payable 7,145 4,637 7,133
Accrued compensation and related expenses 361 486 309
Accrued liabilities 690 902 760
Current portion of operating lease liabilities 616 618 614
Current portion of long-term debt 12 13 15
Total current liabilities 9,948 7,909 10,010
Long-term operating lease liabilities 2,293 2,199 2,270
Long-term debt 1,144 1,152 1,130
Long-term liabilities 551 654 660
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 - 213.8 million, 215.4 million and 216.3 million shares, respectively 22 22 22
Additional paid-in capital   31  
Retained earnings 2,751 2,683 2,482
Accumulated other comprehensive income 309 317 308
Total equity 3,082 3,053 2,812
Total liabilities and equity 17,018 14,967 16,882
Gift Card [Member]      
Current liabilities      
Short-term contract liabilities 246 253 245
Deferred Revenue [Member]      
Current liabilities      
Short-term contract liabilities $ 878 $ 1,000 $ 934