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Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 28, 2023
Jan. 29, 2022
Assets    
Cash and cash equivalents $ 687 $ 322
Accounts receivable, net 265 255
Merchandise inventories 1,941 2,289
Prepaid expenses and other current assets 316 306
Total current assets 3,209 3,172
Land, property and equipment, net 3,351 3,562
Operating lease right-of-use assets 1,470 1,496
Goodwill 249 249
Other assets 466 390
Total assets 8,745 8,869
Liabilities and Shareholders’ Equity    
Accounts payable 1,238 1,529
Accrued salaries, wages and related benefits 291 383
Current portion of operating lease liabilities 258 242
Other current liabilities 1,203 1,160
Total current liabilities 2,990 3,314
Long-term debt, net 2,856 2,853
Non-current operating lease liabilities 1,526 1,556
Other liabilities 634 565
Commitments and contingencies (Note 12)
Shareholders’ equity:    
Common stock, no par value: 1,000 shares authorized; 160.1 and 159.4 shares issued and outstanding 3,353 3,283
Accumulated deficit (2,588) (2,652)
Accumulated other comprehensive loss (26) (50)
Total shareholders’ equity 739 581
Total liabilities and shareholders’ equity $ 8,745 $ 8,869