v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 31, 2026
Jan. 30, 2026
Aug. 01, 2025
Current assets:      
Cash and cash equivalents $ 3,172 $ 982 $ 4,860
Short-term investments 235 370 396
Receivables - net 1,238 1,090 320
Merchandise inventory - net 17,737 17,300 16,342
Other current assets 960 1,213 721
Total current assets 23,342 20,955 22,639
Property, less accumulated depreciation 18,276 18,362 17,708
Operating lease right-of-use assets 4,071 4,303 3,887
Long-term investments 179 319 273
Deferred income taxes - net 0 0 140
Intangible assets - net 5,709 5,908 976
Goodwill 3,957 3,945 691
Other assets 347 352 300
Total assets 55,881 54,144 46,614
Current liabilities:      
Current maturities of long-term debt 2,352 2,431 4,175
Current operating lease liabilities 733 713 536
Accounts payable 11,076 9,762 9,513
Accrued compensation and employee benefits 1,168 1,285 1,098
Deferred revenue 1,609 1,477 1,558
Other current liabilities 4,194 3,795 4,742
Total current liabilities 21,132 19,463 21,622
Long-term debt, excluding current maturities 35,204 37,490 30,548
Noncurrent operating lease liabilities 3,734 4,043 3,801
Deferred income taxes - net 1,201 1,039 0
Deferred revenue - Lowe's protection plans 1,253 1,262 1,283
Other liabilities 794 764 760
Total liabilities 63,318 64,061 58,014
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, 561 million, and 561 million, respectively 281 281 280
Capital in excess of par value 207 370 147
Accumulated deficit (8,187) (10,839) (12,108)
Accumulated other comprehensive income 262 271 281
Total shareholders' deficit (7,437) (9,917) (11,400)
Total liabilities and shareholders' deficit $ 55,881 $ 54,144 $ 46,614