Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.5.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 30, 2016
Jan. 30, 2016
Aug. 01, 2015
[1]
Current assets:      
Cash in banks and in transit $ 171 $ 119 $ 178
Cash short-term investments 258 781 795
Cash and cash equivalents 429 900 973
Merchandise inventory 2,981 2,721 3,005
Deferred taxes 231 231 184
Prepaid expenses and other 235 166 200
Total current assets 3,876 4,018 4,362
Property and equipment (net of accumulated depreciation of $3,742, $3,586 and $3,757) 4,686 4,816 4,989
Prepaid pension 0 0 266
Other assets 604 608 615
Total Assets 9,166 9,442 10,232
Current liabilities:      
Merchandise accounts payable 1,094 925 1,122
Other accounts payable and accrued expenses 1,121 1,360 1,170
Current portion of capital leases and note payable 18 26 27
Current maturities of long-term debt 341 101 28
Total current liabilities 2,574 2,412 2,347
Long-term capital leases and note payable 10 10 18
Long-term debt 4,356 4,668 5,225
Deferred taxes 425 425 378
Other liabilities 604 618 604
Total Liabilities 7,969 8,133 8,572
Stockholders’ Equity      
Common stock [2] 154 153 153
Additional paid-in capital 4,668 4,654 4,627
Reinvested earnings/(accumulated deficit) (3,131) (3,007) (2,761)
Accumulated other comprehensive income/(loss) (494) (491) (359)
Total Stockholders’ Equity 1,197 1,309 1,660
Total Liabilities and Stockholders’ Equity $ 9,166 $ 9,442 $ 10,232
[1] As Adjusted
[2] 1,250 million shares of common stock are authorized with a par value of $0.50 per share. The total shares issued and outstanding were 307.6 million, 305.5 million and 306.1 million as of July 30, 2016, August 1, 2015 and January 30, 2016, respectively.