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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 30, 2022
Jan. 29, 2022
Jul. 31, 2021
Current assets:      
Cash and cash equivalents $ 222 $ 1,587 $ 2,569
Merchandise inventories 4,034 3,067 2,733
Other 374 369 356
Total current assets 4,630 5,023 5,658
Property and equipment, net 8,228 7,304 7,107
Operating leases 2,296 2,248 2,301
Other assets 469 479 440
Total assets 15,623 15,054 15,506
Current liabilities:      
Accounts payable 1,497 1,683 1,495
Accrued liabilities 1,426 1,340 1,554
Borrowings under revolving credit facility 79    
Current portion of:      
Long-term debt 164    
Finance lease and financing obligations 96 118 117
Operating leases 108 145 143
Total current liabilities 3,370 3,286 3,309
Long-term debt 1,747 1,910 1,909
Finance lease and financing obligations 2,830 2,133 1,906
Operating leases 2,568 2,479 2,532
Deferred income taxes 194 206 245
Other long-term liabilities 370 379 386
Shareholders’ equity:      
Common stock 4 4 4
Paid-in capital 3,406 3,375 3,349
Treasury stock, at cost (13,151) (12,975) (11,920)
Retained earnings 14,285 14,257 13,786
Total shareholders’ equity 4,544 4,661 5,219
Total liabilities and shareholders’ equity $ 15,623 $ 15,054 $ 15,506