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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 04, 2018
Feb. 03, 2018
[1]
Jul. 29, 2017
[1]
Current assets:      
Cash and cash equivalents $ 1,066 $ 1,308 $ 552
Merchandise inventories 3,572 3,542 3,853
Other 404 530 381
Total current assets 5,042 5,380 4,786
Property and equipment, net 7,635 7,773 8,068
Other assets 238 236 230
Total assets 12,915 13,389 13,084
Current liabilities:      
Accounts payable 1,404 1,271 1,370
Accrued liabilities 1,174 1,213 1,125
Income taxes payable 70 99 43
Current portion of capital lease and financing obligations 122 126 133
Total current liabilities 2,770 2,709 2,671
Long-term debt 2,273 2,797 2,796
Capital lease and financing obligations 1,537 1,591 1,637
Deferred income taxes 188 211 268
Other long-term liabilities 660 662 691
Shareholders’ equity:      
Common stock 4 4 4
Paid-in capital 3,163 3,078 3,026
Treasury stock, at cost (10,835) (10,651) (10,596)
Accumulated other comprehensive loss (8) (11) (12)
Retained earnings 13,163 12,999 12,599
Total shareholders’ equity 5,487 5,419 5,021
Total liabilities and shareholders’ equity $ 12,915 $ 13,389 $ 13,084
[1] Refer to Note 2 for details on the adoption of the new revenue recognition accounting standard and the impact on previously reported results.