Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 03, 2019
Feb. 02, 2019
Aug. 04, 2018
Current assets:      
Cash in banks and in transit $ 163 $ 109 $ 171
Cash short-term investments 12 224 11
Cash and cash equivalents 175 333 182
Merchandise inventory 2,471 2,437 2,824
Prepaid expenses and other 275 189 221
Total current assets 2,921 2,959 3,227
Property and equipment (net of accumulated depreciation of $3,167, $3,293 and $3,425) 3,591 3,938 4,058
Operating lease assets 925 0 0
Prepaid pension 166 147 87
Other assets 657 677 686
Total Assets 8,260 7,721 8,058
Current liabilities:      
Merchandise accounts payable 878 847 910
Other accounts payable and accrued expenses 970 995 1,025
Current operating lease liabilities 82 0 0
Current portion of finance leases and note payable 2 8 7
Current maturities of long-term debt 197 92 42
Total current liabilities 2,129 1,942 1,984
Operating Lease, Liability, Noncurrent 1,089 0 0
Long-term finance leases and note payable 1 204 208
Long-term debt 3,589 3,716 3,960
Deferred taxes 121 131 144
Other liabilities 368 558 546
Total Liabilities 7,297 6,551 6,842
Stockholders’ Equity      
Common stock [1] 159 158 157
Additional paid-in capital 4,719 4,713 4,709
Reinvested earnings/(accumulated deficit) (3,601) (3,373) (3,297)
Accumulated other comprehensive income/(loss) (314) (328) (353)
Total Stockholders’ Equity 963 1,170 1,216
Total Liabilities and Stockholders’ Equity $ 8,260 $ 7,721 $ 8,058
[1]
1.25 billion shares of common stock are authorized with a par value of $0.50 per share. The total shares issued and outstanding were 317.7 million, 314.8 million and 316.1 million as of August 3, 2019August 4, 2018 and February 2, 2019, respectively.