Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 29, 2017
Jan. 28, 2017
Apr. 30, 2016
Current assets:      
Cash in banks and in transit $ 157 $ 125 $ 166
Cash short-term investments 206 762 249
Cash and cash equivalents 363 887 415
Merchandise inventory 2,949 2,854 2,925
Prepaid expenses and other 228 160 227
Total current assets 3,540 3,901 3,567
Property and equipment (net of accumulated depreciation of $3,903, $3,852 and $3,842) 4,437 4,599 4,735
Other assets 610 618 593
Total Assets 8,587 9,118 8,895
Current liabilities:      
Merchandise accounts payable 893 977 995
Other accounts payable and accrued expenses 1,035 1,164 1,125
Current portion of capital leases, financing obligation and note payable 12 15 17
Current maturities of long-term debt 307 263 321
Total current liabilities 2,247 2,419 2,458
Long-term capital leases, financing obligation and note payable 217 219 7
Long-term debt 4,066 4,339 4,388
Deferred taxes 203 204 194
Other liabilities 649 583 598
Total Liabilities 7,382 7,764 7,645
Stockholders’ Equity      
Common stock [1] 155 154 154
Additional paid-in capital 4,684 4,679 4,659
Reinvested earnings/(accumulated deficit) (3,186) (3,006) (3,075)
Accumulated other comprehensive income/(loss) (448) (473) (488)
Total Stockholders’ Equity 1,205 1,354 1,250
Total Liabilities and Stockholders’ Equity $ 8,587 $ 9,118 $ 8,895
[1] 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 309.8 million, 307.3 million and 308.3 million as of April 29, 2017, April 30, 2016 and January 28, 2017, respectively.