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Leases - Summary of Changes in Consolidated Balance Sheet upon Adoption of New Standard (Details) - USD ($)
$ in Millions
Feb. 01, 2020
Feb. 03, 2019
Feb. 02, 2019
Feb. 03, 2018
Assets        
Property and equipment, net $ 7,352   $ 7,428  
Operating leases 2,391      
Other assets 163   206  
Total assets 14,555   12,469  
Liabilities and Shareholders’ Equity        
Operating leases 2,777      
Deferred income taxes 260   184  
Shareholders' equity 5,450   5,527 $ 5,419
Total liabilities and shareholders’ equity $ 14,555   $ 12,469  
ASU No. 2016-02 [Member] | Impact of Adoption [Member]        
Assets        
Property and equipment, net [1]   $ (174)    
Operating leases [2]   2,446    
Other assets [3]   (32)    
Total assets   2,240    
Liabilities and Shareholders’ Equity        
Finance lease and financing obligations [1]   (237)    
Operating leases [2]   2,771    
Accrued and other liabilities [3]   (413)    
Deferred income taxes [4]   31    
Shareholders' equity [4]   88    
Total liabilities and shareholders’ equity   $ 2,240    
[1] The reductions are primarily due to historical failed sale-leaseback and build-to-suit arrangements where we were deemed the owner for accounting purposes. In accordance with ASC 842 transition provisions, they became operating or finance leases.
[2] The increases include land and other operating leases which were not previously recorded on our balance sheet or were previously recorded as financing obligations.
[3] The reductions are primarily due to the reclassification of lease-related assets and liabilities such as straight-line rent and reserves for closed stores to operating lease assets and liabilities.
[4] The cumulative effect of lease adjustments, net of the deferred tax impact, was recorded as an adjustment to retained earnings. In addition, retained earnings includes a $26 million lease impairment charge.