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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 04, 2019
Feb. 02, 2019
[1]
May 05, 2018
Current assets:      
Cash and cash equivalents $ 1,126 $ 891 $ 1,029
Merchandise inventories 1,211 1,269 1,210
Other current assets 255 358 301
Assets, current, total 2,592 2,518 2,540
Property and equipment, net 810 836 843
Operating lease right-of-use assets 3,025    
Deferred taxes 89 87 104
Goodwill 156 157 158
Other intangible assets, net 22 24 43
Other assets 234 198 275
Total assets 6,928 3,820 3,963
Current liabilities:      
Accounts payable 451 387 344
Accrued and other liabilities 340 377 309
Current portion of lease obligations 499    
Liabilities, current, total 1,290 764 653
Long-term debt 123 124 125
Long-term lease obligations 2,804    
Other liabilities 109 426 642
Total liabilities 4,326 1,314 1,420
Shareholders' equity:      
Common stock and paid-in capital: 113,161,373; 112,932,605; and 121,341,925 shares outstanding, respectively 820 809 848
Retained earnings 2,207 2,104 2,184
Accumulated other comprehensive loss (384) (370) (313)
Less: Treasury stock at cost: 774,355; 711,024; and 4,080,653 shares, respectively (41) (37) (176)
Total shareholders’ equity 2,602 2,506 2,543
Liabilities and equity, total $ 6,928 $ 3,820 $ 3,963
[1] The balance sheet at February 2, 2019 has been derived from the previously reported audited 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 10K for the year ended February 2, 2019.