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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 01, 2020
Feb. 02, 2019
Current assets:    
Cash and cash equivalents $ 723 $ 934
Merchandise inventories 3,537 3,475
Other 389 426
Total current assets 4,649 4,835
Property and equipment, net 7,352 7,428
Operating leases 2,391  
Other assets 163 206
Total assets 14,555 12,469
Current liabilities:    
Accounts payable 1,206 1,187
Accrued liabilities 1,233 1,364
Income taxes payable 48 64
Current portion of:    
Finance lease and financing obligations 124 115
Operating leases 158  
Total current liabilities 2,769 2,730
Long-term debt 1,856 1,861
Finance lease and financing obligations 1,367 1,523
Operating leases 2,619  
Deferred income taxes 260 184
Other long-term liabilities 234 644
Shareholders’ equity:    
Common stock - 375 and 374 million shares issued 4 4
Paid-in capital 3,272 3,204
Treasury stock, at cost, 219 and 211 million shares (11,571) (11,076)
Retained earnings 13,745 13,395
Total shareholders’ equity 5,450 5,527
Total liabilities and shareholders’ equity $ 14,555 $ 12,469