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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 01, 2025
Feb. 03, 2024
Current assets:    
Cash and cash equivalents $ 134 $ 183
Merchandise inventories 2,945 2,880
Other 309 347
Total current assets 3,388 3,410
Property and equipment, net 7,297 7,720
Operating leases 2,394 2,499
Other assets 480 380
Total assets 13,559 14,009
Current liabilities:    
Accounts payable 1,042 1,134
Accrued liabilities 1,263 1,201
Borrowings under revolving credit facility 290 92
Current portion of:    
Long-term debt 353  
Finance leases and financing obligations 81 83
Operating leases 102 102
Total current liabilities 3,131 2,612
Long-term debt 1,174 1,638
Finance leases and financing obligations 2,456 2,680
Operating leases 2,703 2,781
Deferred income taxes 28 107
Other long-term liabilities 265 298
Shareholders’ equity:    
Common stock - 126 and 161 million shares issued 1 2
Paid-in capital 3,560 3,528
Treasury stock, at cost, 15 and 50 million shares (767) (2,571)
Retained earnings 1,008 2,934
Total shareholders’ equity 3,802 3,893
Total liabilities and shareholders’ equity $ 13,559 $ 14,009