v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
May 03, 2025
Feb. 01, 2025
May 04, 2024
Current assets      
Cash and cash equivalents $ 1,147 $ 1,578 $ 1,214
Receivables, net 744 1,044 770
Merchandise inventories 5,194 5,085 5,225
Other current assets 500 517 544
Total current assets 7,585 8,224 7,753
Property and equipment, net 2,089 2,122 2,196
Operating lease assets 2,821 2,833 2,771
Goodwill 908 908 1,383
Other assets 725 695 649
Total assets 14,128 14,782 14,752
Current liabilities      
Accounts payable 4,670 4,980 4,664
Accrued compensation and related expenses 367 464 380
Accrued liabilities 617 741 812
Current portion of operating lease liabilities 611 617 613
Current portion of long-term debt 10 10 15
Total current liabilities 7,412 8,016 7,649
Long-term operating lease liabilities 2,277 2,282 2,222
Long-term debt 1,153 1,144 1,134
Long-term liabilities 523 532 665
Contingencies (Note 10)
Equity      
Preferred stock, $1.00 par value: Authorized - 400,000 shares; Issued and outstanding - none
Common stock, $0.10 par value: Authorized - 1.0 billion shares; Issued and outstanding - 211.3 million, 211.4 million and 216.1 million shares, respectively 22 22 22
Additional paid-in capital     26
Retained earnings 2,428 2,486 2,722
Accumulated other comprehensive income 313 300 312
Total equity 2,763 2,808 3,082
Total liabilities and equity 14,128 14,782 14,752
Gift Card [Member]      
Current liabilities      
Short-term contract liabilities 246 253 242
Deferred Revenue [Member]      
Current liabilities      
Short-term contract liabilities $ 891 $ 951 $ 923