CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Feb. 02, 2019	Feb. 03, 2018	[1]
Current assets:
Cash and cash equivalents	$ 934	$ 1,308
Merchandise inventories	3,475	3,542
Other	426	530
Total current assets	4,835	5,380
Property and equipment, net	7,428	7,773
Other assets	206	236
Total assets	12,469	13,389
Current liabilities:
Accounts payable	1,187	1,271
Accrued liabilities	1,364	1,213
Income taxes payable	64	99
Current portion of capital lease and financing obligations	115	126
Total current liabilities	2,730	2,709
Long-term debt	1,861	2,797
Capital lease and financing obligations	1,523	1,591
Deferred income taxes	184	211
Other long-term liabilities	644	662
Shareholders’ equity:
Common stock - 374 and 373 million shares issued	4	4
Paid-in capital	3,204	3,078
Treasury stock, at cost, 211 and 205 million shares	(11,076)	(10,651)
Accumulated other comprehensive loss		(11)
Retained earnings	13,395	12,999
Total shareholders’ equity	5,527	5,419
Total liabilities and shareholders’ equity	$ 12,469	$ 13,389

[1] Refer to Note 2 for details on the adoption of the new revenue recognition accounting standard and the impact on previously reported results.