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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 30, 2022
Jan. 29, 2022
May 01, 2021
Current assets      
Cash and cash equivalents $ 640 $ 2,936 $ 4,278
Short-term investments     60
Receivables, net 804 1,042 850
Merchandise inventories 6,258 5,965 5,721
Other current assets 613 596 359
Total current assets 8,315 10,539 11,268
Property and equipment, net 2,251 2,250 2,233
Operating lease assets 2,704 2,654 2,563
Goodwill 1,385 1,384 986
Other assets 596 677 655
Total assets 15,251 17,504 17,705
Current liabilities      
Accounts payable 5,492 6,803 6,360
Accrued compensation and related expenses 336 845 493
Accrued liabilities 771 946 978
Short-term debt     110
Current portion of operating lease liabilities 636 648 654
Current portion of long-term debt 15 13 15
Total current liabilities 8,635 10,674 9,641
Long-term operating lease liabilities 2,121 2,061 1,983
Long-term debt 1,170 1,216 1,229
Long-term liabilities 558 533 694
Contingencies (Note 10)
Equity      
Preferred stock, $1.00 par value: Authorized - 400,000 shares; Issued and outstanding - none
Common stock, $0.10 par value: Authorized - 1.0 billion shares; Issued and outstanding - 224.6 million, 227.4 million and 250.4 million shares, respectively 22 23 25
Additional paid-in capital     33
Retained earnings 2,417 2,668 3,762
Accumulated other comprehensive income 328 329 338
Total equity 2,767 3,020 4,158
Total liabilities and equity 15,251 17,504 17,705
Gift Card [Member]      
Current liabilities      
Short-term contract liabilities 284 316 297
Deferred Revenue [Member]      
Current liabilities      
Short-term contract liabilities $ 1,101 $ 1,103 $ 734