v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 18, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 3,120 $ 3,123
Receivables, net 390 380
Inventories, net 3,844 3,646
Other current assets 119 141
Total current assets 7,473 7,290
Property and equipment, net 1,276 1,269
Operating lease right-of-use assets 2,149 2,157
Goodwill 599 600
Other intangible assets, net 398 400
Other assets 124 110
Total assets 12,019 11,826
Current liabilities:    
Accounts payable 3,126 2,977
Accrued expenses 733 756
Other current liabilities 417 443
Total current liabilities 4,276 4,176
Long-term debt 3,387 3,412
Operating lease liabilities 1,824 1,812
Deferred income taxes 171 142
Other long-term liabilities 104 86
Total liabilities 9,762 9,628
Commitments and contingencies (Note 9)
Stockholders' equity:    
Preferred stock, nonvoting, $0.0001 par value, 10 million shares authorized; no shares issued or outstanding 0 0
Common stock, voting, and additional paid-in capital, $0.0001 par value, 200 million shares authorized; 79 million shares issued and 60 million outstanding at July 18, 2026 and 78 million shares issued and 60 million outstanding at January 3, 2026 1,055 1,033
Treasury stock, at cost (2,953) (2,944)
Accumulated other comprehensive loss (40) (37)
Retained earnings 4,195 4,146
Total stockholders' equity 2,257 2,198
Total liabilities and stockholders' equity $ 12,019 $ 11,826