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Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 30, 2021
Feb. 01, 2020
Assets    
Cash and cash equivalents $ 681 $ 853
Accounts receivable, net 245 179
Merchandise inventories 1,863 1,920
Prepaid expenses and other 853 278
Total current assets 3,642 3,230
Land, property and equipment, net 3,732 4,179
Operating lease right-of-use assets 1,581 1,774
Goodwill 249 249
Other assets 334 305
Total assets 9,538 9,737
Liabilities and Shareholders’ Equity    
Accounts payable 1,960 1,576
Accrued salaries, wages and related benefits 352 510
Current portion of operating lease liabilities 260 244
Other current liabilities 1,048 1,190
Current portion of long-term debt 500 0
Total current liabilities 4,120 3,520
Long-term debt, net 2,769 2,676
Non-current operating lease liabilities 1,687 1,875
Other liabilities 657 687
Commitments and contingencies (Note 10)
Shareholders’ equity:    
Common stock, no par value: 1,000 shares authorized; 157.8 and 155.6 shares issued and outstanding 3,205 3,129
Accumulated deficit (2,830) (2,082)
Accumulated other comprehensive loss (70) (68)
Total shareholders’ equity 305 979
Total liabilities and shareholders’ equity $ 9,538 $ 9,737