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Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 31, 2026
Feb. 01, 2025
Current assets    
Cash and cash equivalents $ 1,738 $ 1,578
Receivables, net 1,043 1,044
Merchandise inventories 5,230 5,085
Other current assets 493 517
Total current assets 8,504 8,224
Property and equipment    
Land and buildings 734 722
Leasehold improvements 2,395 2,370
Fixtures and equipment 3,732 3,872
Property under finance leases 80 88
Gross property and equipment 6,941 7,052
Less accumulated depreciation 4,955 4,930
Net property and equipment 1,986 2,122
Operating lease assets 2,869 2,833
Goodwill 790 908
Other assets 521 695
Total assets 14,670 14,782
Current liabilities    
Accounts payable 4,745 4,980
Accrued compensation and related expenses 423 464
Accrued liabilities 742 741
Current portion of operating lease liabilities 623 617
Current portion of long-term debt 11 10
Total current liabilities 7,679 8,016
Long-term operating lease liabilities 2,334 2,282
Long-term debt 1,165 1,144
Long-term liabilities 528 532
Contingencies and commitments (Note 12)
Equity    
Preferred stock, $1.00 par value: Authorized - 400,000 shares; Issued and outstanding - none 0 0
Common stock, $0.10 par value: Authorized - 1.0 billion shares; Issued and outstanding - 209.1 million and 211.4 million shares, respectively 22 22
Additional paid-in capital 14 0
Retained earnings 2,610 2,486
Accumulated other comprehensive income 318 300
Total equity 2,964 2,808
Total liabilities and equity 14,670 14,782
Unredeemed gift card liabilities    
Current liabilities    
Short-term contract liabilities 235 253
Deferred revenue    
Current liabilities    
Short-term contract liabilities $ 900 $ 951