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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 02, 2026
Jan. 31, 2026
May 03, 2025
Current assets:      
Cash and cash equivalents $ 429 $ 674 $ 153
Merchandise inventories 2,897 2,745 3,137
Other 326 272 290
Total current assets 3,652 3,691 3,580
Property and equipment, net 6,779 6,914 7,209
Operating leases 2,318 2,338 2,374
Other assets 416 419 476
Total assets 13,165 13,362 13,639
Current liabilities:      
Accounts payable 1,248 1,171 1,026
Accrued liabilities 1,033 1,181 1,177
Borrowings under revolving credit facility     545
Current portion of:      
Long-term debt 0 0 353
Finance leases and financing obligations 89 85 80
Operating leases 95 94 99
Total current liabilities 2,465 2,531 3,280
Long-term debt 1,387 1,436 1,174
Finance leases and financing obligations 2,338 2,365 2,433
Operating leases 2,624 2,650 2,687
Deferred income taxes 88 91 27
Other long-term liabilities 239 241 259
Shareholders’ equity:      
Common stock 1 1 1
Paid-in capital 3,605 3,595 3,570
Treasury stock, at cost (777) (771) (771)
Retained earnings 1,195 1,223 979
Total shareholders’ equity 4,024 4,048 3,779
Total liabilities and shareholders’ equity $ 13,165 $ 13,362 $ 13,639