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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Millions
Aug. 03, 2024
Feb. 03, 2024
Jul. 29, 2023
Current assets:      
Cash and cash equivalents $ 291 $ 297 [1] $ 180
Merchandise inventories 1,648 1,509 [1] 1,831
Other current assets 404 419 [1] 360
Assets, Current 2,343 2,225 [1] 2,371
Property and equipment, net 905 930 [1] 898
Operating lease right-of-use assets 2,173 2,188 [1] 2,266
Deferred taxes 130 114 [1] 94
Goodwill 764 768 [1] 774
Other intangible assets, net 393 399 [1] 415
Minority investments 150 152 [1] 629
Other assets 95 92 [1] 89
Assets 6,953 6,868 [1] 7,536
Current liabilities:      
Accounts payable 487 366 [1] 514
Accrued and other liabilities 424 428 [1] 419
Current portion of debt and obligations under finance leases 5 5 [1] 6
Current portion of lease obligations 496 492 [1] 513
Liabilities, Current 1,412 1,291 [1] 1,452
Long-term debt and obligations under finance leases 440 442 [1] 444
Long-term lease obligations 1,978 2,004 [1] 2,071
Other liabilities 226 241 [1] 322
Total liabilities 4,056 3,978 [1] 4,289
Commitments and contingencies
Shareholders’ equity:      
Common stock and paid-in capital: 95,023,049; 94,253,029; and 94,283,984 shares issued, respectively 794 776 [1] 767
Retained earnings 2,478 2,482 [1] 2,881
Accumulated other comprehensive loss (370) (366) [1] (397)
Less: Treasury stock at cost: 182,825; 98,990; and 60,308 shares, respectively (5) (2) [1] (4)
Total shareholders' equity 2,897 2,890 [1] 3,247
Liabilities and Equity $ 6,953 $ 6,868 [1] $ 7,536
[1] The balance sheet at February 3, 2024 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 3, 2024.