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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 29, 2022
Jan. 30, 2021
Current assets:    
Cash and cash equivalents $ 1,587 $ 2,271
Merchandise inventories 3,067 2,590
Other [1] 369 974
Total current assets 5,023 5,835
Property and equipment, net 7,304 6,689
Operating leases 2,248 2,398
Other assets [2] 479 415
Total assets 15,054 15,337
Current liabilities:    
Accounts payable 1,683 1,476
Accrued liabilities 1,340 1,270
Current portion of:    
Finance leases and financing obligations 118 115
Operating leases 145 161
Total current liabilities 3,286 3,022
Long-term debt 1,910 2,451
Finance leases and financing obligations 2,133 1,387
Operating leases 2,479 2,625
Deferred income taxes 206 302
Other long-term liabilities 379 354
Shareholders’ equity:    
Common stock - 377 and 377 million shares issued 4 4
Paid-in capital 3,375 3,319
Treasury stock, at cost, 246 and 219 million shares (12,975) (11,595)
Retained earnings 14,257 13,468
Total shareholders’ equity 4,661 5,196
Total liabilities and shareholders’ equity $ 15,054 $ 15,337
[1] See Note 5 of the Consolidated Financial Statements for further discussion on income taxes.
[2] See Note 5 of the Consolidated Financial Statements for further discussion on income taxes.