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Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 04, 2017
Feb. 03, 2017
Jul. 29, 2016
Current assets:      
Cash and cash equivalents $ 1,696 $ 558 $ 1,988
Short-term investments 119 100 168
Merchandise inventory - net 11,407 10,458 10,604
Other current assets 811 884 591
Total current assets 14,033 12,000 13,351
Property, less accumulated depreciation 19,762 19,949 20,274
Long-term investments 360 366 604
Deferred income taxes - net 328 222 250
Goodwill 1,255 1,082 1,074
Other assets 930 789 918
Total assets 36,668 34,408 36,471
Current liabilities:      
Short-term borrowings 0 510 0
Current maturities of long-term debt 296 795 1,193
Accounts payable 8,649 6,651 7,696
Accrued compensation and employee benefits 665 790 750
Deferred revenue 1,450 1,253 1,285
Other current liabilities 2,565 1,975 2,259
Total current liabilities 13,625 11,974 13,183
Long-term debt, excluding current maturities 15,788 14,394 14,618
Deferred revenue - extended protection plans 790 763 744
Other liabilities 929 843 904
Total liabilities 31,132 27,974 29,449
Equity:      
Preferred stock - $5 par value, none issued 0 0 0
Common stock - $0.50 par value; Shares issued and outstanding 837 at August 4, 2017, 881 at July 29, 2016, and 866 at February 3, 2017 419 433 440
Capital in excess of par value 0 0 0
Retained earnings 5,253 6,241 6,839
Accumulated other comprehensive loss (136) (240) (366)
Total Lowe's Companies, Inc. shareholders' equity 5,536 6,434 6,913
Noncontrolling interest 0 0 109
Total equity 5,536 6,434 7,022
Total liabilities and equity $ 36,668 $ 34,408 $ 36,471