Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Nov. 02, 2019
Feb. 02, 2019
Nov. 03, 2018
Current assets:      
Cash in banks and in transit $ 147 $ 109 $ 157
Cash short-term investments 10 224 11
Cash and cash equivalents 157 333 168
Merchandise inventory 2,934 2,437 3,223
Prepaid expenses and other 285 189 224
Total current assets 3,376 2,959 3,615
Property and equipment (net of accumulated depreciation of $3,268, $3,371 and $3,425) 3,548 3,938 4,005
Operating lease assets 942 0 0
Prepaid pension 175 147 100
Other assets 658 677 695
Total Assets 8,699 7,721 8,415
Current liabilities:      
Merchandise accounts payable 1,105 847 1,234
Other accounts payable and accrued expenses 899 995 960
Current operating lease liabilities 77 0 0
Current portion of finance leases and note payable 1 8 8
Current maturities of long-term debt 147 92 92
Total current liabilities 2,229 1,942 2,294
Operating Lease, Liability, Noncurrent 1,112 0 0
Long-term finance leases and note payable 1 204 206
Long-term debt 4,011 3,716 4,161
Deferred taxes 117 131 138
Other liabilities 361 558 542
Total Liabilities 7,831 6,551 7,341
Stockholders’ Equity      
Common stock [1] 160 158 158
Additional paid-in capital 4,720 4,713 4,711
Reinvested earnings/(accumulated deficit) (3,694) (3,373) (3,448)
Accumulated other comprehensive income/(loss) (318) (328) (347)
Total Stockholders’ Equity 868 1,170 1,074
Total Liabilities and Stockholders’ Equity $ 8,699 $ 7,721 $ 8,415
[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 320.0 million, 315.4 million and 316.1 million as of November 2, 2019November 3, 2018 and February 2, 2019, respectively.