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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 28, 2023
Jan. 29, 2022
Current assets:    
Cash and cash equivalents $ 153 $ 1,587
Merchandise inventories 3,189 3,067
Other 394 369
Total current assets 3,736 5,023
Property and equipment, net 7,926 7,304
Operating leases 2,304 2,248
Other assets 379 479
Total assets 14,345 15,054
Current liabilities:    
Accounts payable 1,330 1,683
Accrued liabilities 1,220 1,340
Borrowings under revolving credit facility 85  
Current portion of:    
Long-term debt 275  
Finance leases and financing obligations 94 118
Operating leases 111 145
Total current liabilities 3,115 3,286
Long-term debt 1,637 1,910
Finance leases and financing obligations 2,786 2,133
Operating leases 2,578 2,479
Deferred income taxes 129 206
Other long-term liabilities 337 379
Shareholders’ equity:    
Common stock - 378 and 377 million shares issued 4 4
Paid-in capital 3,479 3,375
Treasury stock, at cost, 267 and 246 million shares (13,715) (12,975)
Retained earnings 13,995 14,257
Total shareholders’ equity 3,763 4,661
Total liabilities and shareholders’ equity $ 14,345 $ 15,054