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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 31, 2020
Feb. 01, 2020
[1]
Nov. 02, 2019
Current assets:      
Cash and cash equivalents $ 1,393 $ 907 $ 744
Merchandise inventories 1,193 1,208 1,304
Other current assets 237 271 299
Assets, current, total 2,823 2,386 2,347
Property and equipment, net 773 824 814
Operating lease right-of-use assets 2,752 2,899 2,956
Deferred taxes 69 81 93
Goodwill 158 156 156
Other intangible assets, net 18 20 21
Minority investments 340 142 151
Other assets 85 81 83
Total assets 7,018 6,589 6,621
Current liabilities:      
Accounts payable 514 333 396
Accrued and other liabilities 451 343 333
Current portion of obligations under finance leases 2  
Current portion of lease obligations 575 518 508
Liabilities, current, total 1,542 1,194 1,237
Long-term debt and obligations under finance leases 129 122 122
Long-term lease obligations 2,514 2,678 2,719
Other liabilities 181 122 116
Total liabilities 4,366 4,116 4,194
Shareholders' equity:      
Common stock and paid-in capital: 104,451,566; 113,204,118; and 104,187,310 shares outstanding, respectively 777 764 832
Retained earnings 2,245 2,103 2,310
Accumulated other comprehensive loss (365) (394) (382)
Less: Treasury stock at cost: 326,727; 8,139,520; and -- shares, respectively (11) (333)
Noncontrolling interest 6  
Total shareholders' equity 2,652 2,473 2,427
Liabilities and equity, total $ 7,018 $ 6,589 $ 6,621
[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.