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Condensed Consolidated Balance Sheets ( Current Period Unaudited) - USD ($)
$ in Millions
Apr. 29, 2023
Jan. 28, 2023
Apr. 30, 2022
Current assets:      
Cash and cash equivalents $ 313 $ 536 $ 551
Merchandise inventories 1,758 1,643 1,401
Other current assets 326 342 281
Assets, Current 2,397 2,521 2,233
Property and equipment, net 901 920 899
Operating lease right-of-use assets 2,331 2,443 2,566
Deferred taxes 94 90 79
Goodwill 781 785 783
Other intangible assets, net 421 426 441
Minority investments 629 630 759
Other assets 89 92 118
Assets 7,643 7,907 7,878
Current liabilities:      
Accounts payable 474 492 565
Accrued and other liabilities 447 568 428
Current portion of debt and obligations under finance leases 6 6 6
Current portion of lease obligations 533 544 557
Liabilities, Current 1,460 1,610 1,556
Long-term debt and obligations under finance leases 445 446 450
Long-term lease obligations 2,132 2,230 2,323
Other liabilities 323 328 334
Total liabilities 4,360 4,614 4,663
Commitments and contingencies
Shareholders’ equity:      
Common stock and paid-in capital: 94,175,714; 99,233,112; and 93,396,901 shares issued, respectively 766 760 779
Retained earnings 2,923 2,925 2,995
Accumulated other comprehensive loss (396) (392) (384)
Less: Treasury stock at cost: 260,870; 4,731,931; and 1,489 shares, respectively (10) 0 (178)
Noncontrolling interest 0 0 3
Total shareholders' equity 3,283 3,293 3,215
Liabilities and Equity $ 7,643 $ 7,907 $ 7,878