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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 30, 2022
Jan. 29, 2022
Jul. 31, 2021
Current assets      
Cash and cash equivalents $ 840 $ 2,936 $ 4,340
Receivables, net 840 1,042 883
Merchandise inventories 6,043 5,965 6,417
Other current assets 621 596 400
Total current assets 8,344 10,539 12,040
Property and equipment, net 2,319 2,250 2,226
Operating lease assets 2,796 2,654 2,670
Goodwill 1,385 1,384 986
Other assets 575 677 657
Total assets 15,419 17,504 18,579
Current liabilities      
Accounts payable 5,406 6,803 6,946
Accrued compensation and related expenses 374 845 605
Accrued liabilities 820 946 892
Short-term debt     110
Current portion of operating lease liabilities 629 648 643
Current portion of long-term debt 15 13 14
Total current liabilities 8,650 10,674 10,357
Long-term operating lease liabilities 2,221 2,061 2,090
Long-term debt 1,184 1,216 1,243
Long-term liabilities 472 533 554
Contingencies (Note 11)
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 - 225.1 million, 227.4 million and 247.3 million shares, respectively 22 23 25
Additional paid-in capital 20    
Retained earnings 2,522 2,668 3,975
Accumulated other comprehensive income 328 329 335
Total equity 2,892 3,020 4,335
Total liabilities and equity 15,419 17,504 18,579
Gift Card [Member]      
Current liabilities      
Short-term contract liabilities 273 316 293
Deferred Revenue [Member]      
Current liabilities      
Short-term contract liabilities $ 1,133 $ 1,103 $ 854