Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 01, 2020
Feb. 02, 2019
Statement of Financial Position [Abstract]    
Operating $ 67 $ 0
Current assets:    
Cash in banks and in transit 108 109
Cash short-term investments 278 224
Cash and cash equivalents 386 333
Merchandise inventory 2,166 2,437
Prepaid expenses and other 174 189
Total current assets 2,726 2,959
Property and equipment, net 3,488 3,938
Operating lease assets 998 0
Prepaid pension 120 147
Other assets 657 677
Total Assets 7,989 7,721
Current liabilities:    
Merchandise accounts payable 786 847
Other accounts payable and accrued expenses 931 995
Current portion of finance leases and note payable 1 8
Current maturities of long-term debt 147 92
Total current liabilities 1,932 1,942
Operating 1,108 0
Long-term finance leases and note payable 0 204
Long-term debt 3,574 3,716
Deferred taxes 116 131
Other liabilities 430 558
Total Liabilities 7,160 6,551
Stockholders' Equity    
Common stock (1) [1] 160 158
Additional paid-in capital 4,723 4,713
Reinvested earnings/(accumulated deficit) (3,667) (3,373)
Accumulated other comprehensive income/(loss) (387) (328)
Total Stockholders’ Equity 829 1,170
Total Liabilities and Stockholders’ Equity $ 7,989 $ 7,721
[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 320.5 million and 316.1 million as of February 1, 2020 and February 2, 2019, respectively.