v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
May 01, 2026
Jan. 30, 2026
May 02, 2025
Current assets:      
Cash and cash equivalents $ 786 $ 982 $ 3,054
Short-term investments 458 370 368
Receivables - net 1,151 1,090 96
Merchandise inventory - net 18,447 17,300 18,335
Other current assets 1,320 1,213 822
Total current assets 22,162 20,955 22,675
Property, less accumulated depreciation 18,254 18,362 17,636
Operating lease right-of-use assets 4,182 4,303 3,799
Long-term investments 247 319 300
Deferred income taxes - net 0 0 118
Goodwill 3,945 3,945 311
Intangible assets - net 5,807 5,908 274
Other assets 344 352 259
Total assets 54,941 54,144 45,372
Current liabilities:      
Short-term borrowings 380 0 0
Current maturities of long-term debt 810 2,431 4,183
Current operating lease liabilities 662 713 562
Accounts payable 11,975 9,762 11,235
Accrued compensation and employee benefits 972 1,285 853
Deferred revenue 1,629 1,477 1,500
Other current liabilities 3,846 3,795 4,055
Total current liabilities 20,274 19,463 22,388
Long-term debt, excluding current maturities 36,751 37,490 30,541
Noncurrent operating lease liabilities 3,937 4,043 3,669
Deferred income taxes - net 1,239 1,039 0
Deferred revenue - Lowe's protection plans 1,248 1,262 1,266
Other liabilities 762 764 762
Total liabilities 64,211 64,061 58,626
Shareholders' deficit:      
Preferred stock, $5 par value: Authorized – 5.0 million shares; Issued and outstanding – none 0 0 0
Common stock, $0.50 par value: Authorized – 5.6 billion shares; Issued and outstanding – 561 million, 560 million, and 561 million, respectively 280 281 280
Capital in excess of par value 68 370 13
Accumulated deficit (9,884) (10,839) (13,833)
Accumulated other comprehensive income 266 271 286
Total shareholders' deficit (9,270) (9,917) (13,254)
Total liabilities and shareholders' deficit $ 54,941 $ 54,144 $ 45,372