v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 02, 2026
Jan. 31, 2026
May 03, 2025
Current assets:      
Cash and cash equivalents $ 5,580 $ 6,230 $ 4,255
Accounts receivable, net 642 602 594
Merchandise inventories 7,675 7,297 7,127
Prepaid expenses and other current assets 679 1,065 575
Federal, state and foreign income taxes recoverable 64 8 44
Total current assets 14,640 15,202 12,595
Net property at cost 8,447 8,220 7,554
Non-current deferred income taxes, net 144 147 141
Operating lease right of use assets 11,025 10,330 9,924
Goodwill 97 96 95
Other assets 1,805 1,772 1,549
Total assets 36,158 35,767 31,858
Current liabilities:      
Accounts payable 4,854 4,575 4,414
Accrued expenses and other current liabilities 5,028 5,891 4,492
Current portion of operating lease liabilities 1,714 1,726 1,660
Current portion of long-term debt 999 999 0
Federal, state and foreign income taxes payable 260 170 261
Total current liabilities 12,855 13,361 10,827
Other long-term liabilities 1,123 1,184 972
Non-current deferred income taxes, net 310 268 154
Long-term operating lease liabilities 9,596 8,894 8,535
Long-term debt 1,871 1,870 2,867
Commitments and contingencies (See Note K)
Shareholders’ equity      
Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued 0 0 0
Common stock, authorized 1,800,000,000 shares, par value $1, issued and outstanding 1,105,051,999; 1,107,087,991 and 1,115,814,224 shares respectively 1,105 1,107 1,116
Additional paid-in capital 0 0 0
Accumulated other comprehensive (loss) income (371) (351) (464)
Retained earnings 9,669 9,434 7,851
Total shareholders’ equity 10,403 10,190 8,503
Total liabilities and shareholders’ equity $ 36,158 $ 35,767 $ 31,858