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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 01, 2020
Feb. 01, 2020
Aug. 03, 2019
Current assets:      
Cash and cash equivalents $ 2,428 $ 723 $ 625
Merchandise inventories 2,698 3,537 3,656
Income tax receivable 205 15 16
Other 357 374 381
Total current assets 5,688 4,649 4,678
Property and equipment, net 6,970 7,352 7,276
Operating leases 2,418 2,391 2,428
Other assets 159 163 160
Total assets 15,235 14,555 14,542
Current liabilities:      
Accounts payable 1,064 1,206 1,330
Accrued liabilities 1,130 1,233 1,199
Income taxes payable 86 48 34
Current portion of:      
Finance lease and financing obligations 126 124 119
Operating leases 160 158 158
Total current liabilities 2,566 2,769 2,840
Long-term debt 3,450 1,856 1,855
Finance lease and financing obligations 1,356 1,367 1,270
Operating leases 2,637 2,619 2,647
Deferred income taxes 122 260 254
Other long-term liabilities 267 234 221
Shareholders’ equity:      
Common stock 4 4 4
Paid-in capital 3,290 3,272 3,236
Treasury stock, at cost (11,594) (11,571) (11,353)
Retained earnings 13,137 13,745 13,568
Total shareholders’ equity 4,837 5,450 5,455
Total liabilities and shareholders’ equity $ 15,235 $ 14,555 $ 14,542