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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 31, 2015
Jan. 31, 2015
Nov. 01, 2014
Current assets      
Cash and cash equivalents $ 1,697 $ 2,432 $ 1,929
Short-term investments 1,650 1,456 1,209
Receivables, net 1,061 1,280 1,066
Merchandise inventories 6,651 5,174 6,900
Other current assets 676 703 959
Current assets held for sale 0 684 0
Total current assets 11,735 11,729 12,063
Property and equipment, net 2,329 2,295 2,524
Goodwill 425 425 425
Intangibles, net 18 57 99
Other assets 636 583 651
Non-current assets held for sale 32 167 0
Total assets 15,175 15,256 15,762
Current liabilities      
Accounts payable 6,184 5,030 6,626
Unredeemed gift card liabilities 379 411 381
Deferred revenue 330 326 449
Accrued compensation and related expenses 306 372 305
Accrued liabilities 790 782 788
Accrued income taxes 23 230 33
Current portion of long-term debt 383 [1] 41 44
Current liabilities held for sale 0 585 0
Total current liabilities 8,395 7,777 8,626
Long-term liabilities 874 881 972
Long-term debt 1,256 1,580 1,591
Long-term liabilities held for sale 0 18 0
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 — 344,863,000, 351,468,000 and 350,407,000 shares, respectively 34 35 35
Additional paid-in capital 185 437 377
Retained earnings 4,135 4,141 3,689
Accumulated other comprehensive income 296 382 468
Total Best Buy Co., Inc. shareholders’ equity 4,650 4,995 4,569
Noncontrolling interests 0 5 4
Total equity 4,650 5,000 4,573
Total liabilities and equity $ 15,175 $ 15,256 $ 15,762
[1] Our 2016 Notes due March 15, 2016, are classified in the current portion of long-term debt as of October 31, 2015.