XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 01, 2020
Feb. 01, 2020
[1]
Aug. 03, 2019
Current assets:      
Cash and cash equivalents $ 1,373 $ 907 $ 939
Merchandise inventories 1,194 1,208 1,227
Other current assets 266 271 280
Assets, current, total 2,833 2,386 2,446
Property and equipment, net 782 824 796
Operating lease right-of-use assets 2,810 2,899 2,976
Deferred taxes 70 81 92
Goodwill 158 156 156
Other intangible assets, net 19 20 21
Other assets 240 223 233
Total assets 6,912 6,589 6,720
Current liabilities:      
Accounts payable 630 333 420
Accrued and other liabilities 455 343 312
Current portion of lease obligations 587 518 497
Liabilities, current, total 1,672 1,194 1,229
Long-term debt and obligations under finance leases 124 122 123
Long-term lease obligations 2,579 2,678 2,750
Other liabilities 134 122 106
Total liabilities 4,509 4,116 4,208
Shareholders' equity:      
Common stock and paid-in capital: 104,391,691; 113,119,460; and 104,187,310 shares outstanding, respectively 774 764 825
Retained earnings 1,996 2,103 2,226
Accumulated other comprehensive loss (367) (394) (384)
Less: Treasury stock at cost: 426; 3,578,395; and -- shares, respectively   (155)
Total shareholders' equity 2,403 2,473 2,512
Liabilities and equity, total $ 6,912 $ 6,589 $ 6,720
[1] The balance sheet at February 1, 2020 has been derived from the previously reported audited consolidated financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in Foot Locker, Inc.’s Annual Report on Form 10-K for the year ended February 1, 2020.