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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
May 05, 2012
Mar. 03, 2012
Apr. 30, 2011
CURRENT ASSETS      
Cash and cash equivalents $ 1,386 $ 1,199 $ 2,793
Short-term investments 0 0 20
Receivables 1,846 2,288 1,713
Merchandise inventories 6,065 5,731 6,508
Other current assets 1,019 1,079 1,135
Total current assets 10,316 10,297 12,169
PROPERTY AND EQUIPMENT, NET 3,407 3,471 3,797
GOODWILL 1,335 1,335 2,506
TRADENAMES, NET 130 130 136
CUSTOMER RELATIONSHIPS, NET 224 229 194
EQUITY AND OTHER INVESTMENTS 128 140 316
OTHER ASSETS 471 403 454
TOTAL ASSETS 16,011 16,005 19,572
CURRENT LIABILITIES      
Accounts payable 5,731 5,364 6,102
Unredeemed gift card liabilities 416 456 453
Accrued compensation and related expenses 638 539 538
Accrued liabilities 1,595 1,685 1,585
Accrued income taxes 272 288 308
Short-term debt 306 480 39
Current portion of long-term debt 43 43 442
Total current liabilities 9,001 8,855 9,467
LONG-TERM LIABILITIES 1,025 1,099 1,179
LONG-TERM DEBT 1,678 1,685 1,704
Best Buy Co., Inc. Shareholders’ Equity      
Preferred stock, $1.00 par value: Authorized - 400,000 shares; Issued and outstanding - none 0 0 0
Common stock, $0.10 par value: Authorized — 1.0 billion shares; Issued and outstanding — 342,247,000, 341,400,000 and 383,610,000 shares, respectively 34 34 38
Additional paid-in capital 20 0 0
Retained earnings 3,520 3,621 6,175
Accumulated other comprehensive income 98 90 274
Total Best Buy Co., Inc. shareholders' equity 3,672 3,745 6,487
Noncontrolling interests 635 621 735
Total equity 4,307 4,366 7,222
TOTAL LIABILITIES AND EQUITY $ 16,011 $ 16,005 $ 19,572