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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 05, 2018
Feb. 03, 2018
[1]
Apr. 29, 2017
[1]
Current assets:      
Cash and cash equivalents $ 822 $ 1,308 $ 625
Merchandise inventories 3,726 3,542 3,991
Other 435 530 378
Total current assets 4,983 5,380 4,994
Property and equipment, net 7,694 7,773 8,069
Other assets 239 236 231
Total assets 12,916 13,389 13,294
Current liabilities:      
Accounts payable 1,454 1,271 1,480
Accrued liabilities 1,135 1,213 1,147
Income taxes payable 118 99 137
Current portion of capital lease and financing obligations 123 126 134
Total current liabilities 2,830 2,709 2,898
Long-term debt 2,301 2,797 2,795
Capital lease and financing obligations 1,563 1,591 1,657
Deferred income taxes 198 211 283
Other long-term liabilities 668 662 674
Shareholders’ equity:      
Common stock 4 4 4
Paid-in capital 3,125 3,078 3,013
Treasury stock, at cost (10,737) (10,651) (10,503)
Accumulated other comprehensive loss (8) (11) (13)
Retained earnings 12,972 12,999 12,486
Total shareholders’ equity 5,356 5,419 4,987
Total liabilities and shareholders’ equity $ 12,916 $ 13,389 $ 13,294
[1] Refer to Note 2 for details on the adoption of the new revenue recognition accounting standard and the impact on previously reported results.