v3.25.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Millions
May 03, 2025
Feb. 01, 2025
May 04, 2024
Current assets:      
Cash and cash equivalents $ 343 $ 401 [1] $ 282
Merchandise inventories 1,665 1,525 [1] 1,659
Assets held for sale 0 10 0
Other current assets 359 323 [1] 414
Assets, Current 2,367 2,259 [1] 2,355
Property and equipment, net 908 910 [1] 910
Operating lease right-of-use assets 2,099 2,061 [1] 2,175
Deferred taxes 41 143 [1] 114
Goodwill 661 759 [1] 760
Other intangible assets, net 230 365 [1] 392
Minority investments 115 115 [1] 150
Other assets 137 136 [1] 91
Assets 6,558 6,748 [1] 6,947
Current liabilities:      
Accounts payable 504 378 [1] 515
Accrued and other liabilities 433 434 [1] 389
Current portion of debt and obligations under finance leases 5 5 [1] 5
Current portion of lease obligations 499 507 [1] 496
Liabilities held for sale 0 6 0
Liabilities, Current 1,441 1,330 [1] 1,405
Long-term debt and obligations under finance leases 440 441 [1] 441
Long-term lease obligations 1,890 1,831 [1] 1,984
Other liabilities 179 237 [1] 231
Total liabilities 3,950 3,839 [1] 4,061
Commitments and contingencies
Shareholders’ equity:      
Common stock and paid-in capital: 95,560,582; 94,939,866; and 95,094,263 shares issued, respectively 808 802 [1] 787
Retained earnings 2,131 2,494 [1] 2,490
Accumulated other comprehensive loss (325) (383) [1] (385)
Less: Treasury stock at cost: 312,977; 231,467; and 148,137 shares, respectively (6) (4) [1] (6)
Total shareholders' equity 2,608 2,909 [1] 2,886
Liabilities and Equity $ 6,558 $ 6,748 [1] $ 6,947
[1] The balance sheet at February 1, 2025 has been derived from the previously reported audited consolidated financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in Foot Locker, Inc.’s Annual Report on Form 10-K for the year ended February 1, 2025.