Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 29, 2017
Jan. 28, 2017
Jul. 30, 2016
Current assets:      
Cash in banks and in transit $ 186 $ 125 $ 171
Cash short-term investments 128 762 258
Cash and cash equivalents 314 887 429
Merchandise inventory 2,777 2,854 2,981
Prepaid expenses and other 223 160 235
Total current assets 3,314 3,901 3,645
Property and equipment (net of accumulated depreciation of $3,610, $3,742 and $3,842) 4,390 4,599 4,686
Other assets 622 618 604
Total Assets 8,326 9,118 8,935
Current liabilities:      
Merchandise accounts payable 950 977 1,094
Other accounts payable and accrued expenses 1,091 1,164 1,121
Current portion of capital leases, financing obligation and note payable 9 15 18
Current maturities of long-term debt 232 263 341
Total current liabilities 2,282 2,419 2,574
Long-term capital leases, financing obligation and note payable 216 219 10
Long-term debt 3,836 4,339 4,356
Deferred taxes 202 204 194
Other liabilities 635 583 604
Total Liabilities 7,171 7,764 7,738
Stockholders’ Equity      
Common stock [1] 155 154 154
Additional paid-in capital 4,694 4,679 4,668
Reinvested earnings/(accumulated deficit) (3,248) (3,006) (3,131)
Accumulated other comprehensive income/(loss) (446) (473) (494)
Total Stockholders’ Equity 1,155 1,354 1,197
Total Liabilities and Stockholders’ Equity $ 8,326 $ 9,118 $ 8,935
[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 310.3 million, 307.6 million and 308.3 million as of July 29, 2017, July 30, 2016 and January 28, 2017, respectively.