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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
May 03, 2014
Feb. 01, 2014
May 04, 2013
Current assets      
Cash and cash equivalents $ 2,569 $ 2,678 $ 908
Short-term investments 497 223 0
Receivables, net 871 1,308 937
Merchandise inventories 5,255 5,376 5,461
Other current assets 926 900 821
Current assets held for sale 0 0 1,879
Total current assets 10,118 10,485 10,006
Property and equipment, net 2,525 2,598 2,830
Goodwill 425 425 528
Intangibles, net 100 101 180
Other assets 743 404 316
Long-term assets held for sale 0 0 471
Total assets 13,911 14,013 14,331
Current liabilities      
Accounts payable 4,952 5,122 4,776
Unredeemed gift card liabilities 362 406 373
Deferred revenue 394 399 395
Accrued compensation and related expenses 350 444 333
Accrued liabilities 731 873 747
Accrued income taxes 47 147 8
Current portion of long-term debt 44 45 544 [1]
Current liabilities held for sale 0 0 1,385
Total current liabilities 6,880 7,436 8,561
Long-term liabilities 1,003 976 1,001
Long-term debt 1,604 1,612 1,142
Long-term liabilities held for sale 0 0 79
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 — 348,750,000, 346,751,000 and 339,737,000 shares, respectively 35 35 34
Additional paid-in capital 330 300 77
Retained earnings 3,562 3,159 2,723
Accumulated other comprehensive income 494 492 82
Total Best Buy Co., Inc. shareholders’ equity 4,421 3,986 2,916
Noncontrolling interests 3 3 632
Total equity 4,424 3,989 3,548
Total liabilities and equity $ 13,911 $ 14,013 $ 14,331
[1] Our 2013 Notes due July 15, 2013, which were retired on July 15, 2013, are classified in the current portion of long-term debt as of May 4, 2013.