Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
May 03, 2014
Feb. 01, 2014
May 04, 2013
Current assets:      
Cash in banks and in transit $ 176 $ 113 $ 163
Cash short-term investments 994 1,402 658
Cash and cash equivalents 1,170 1,515 821
Merchandise inventory 2,835 2,935 2,798
Deferred taxes 178 193 113
Prepaid expenses and other 212 190 200
Total current assets 4,395 4,833 3,932
Property and equipment (net of accumulated depreciation of $3,439, $3,104 and $3,315) 5,510 5,619 5,690
Prepaid pension 682 663 7
Other assets 705 686 743
Total Assets 11,292 11,801 10,372
Current liabilities:      
Merchandise accounts payable 841 948 1,248
Other accounts payable and accrued expenses 1,167 1,198 1,524
Short-term borrowings 650 650 850
Current portion of capital leases and note payable 30 27 26
Current maturities of long-term debt 23 23 0
Total current liabilities 2,711 2,846 3,648
Long-term capital leases and note payable 57 62 82
Long-term debt 4,834 4,839 2,868
Deferred taxes 365 335 250
Other liabilities 572 632 658
Total Liabilities 8,539 8,714 7,506
Stockholders’ Equity      
Common stock 152 [1] 152 [1] 110 [1]
Additional paid-in capital 4,579 4,571 3,812
Reinvested earnings/(accumulated deficit) (1,360) (1,008) 32
Accumulated other comprehensive income/(loss) (618) (628) (1,088)
Total Stockholders’ Equity 2,753 3,087 2,866
Total Liabilities and Stockholders’ Equity $ 11,292 $ 11,801 $ 10,372
[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 304.8 million, 219.9 million and 304.6 million as of May 3, 2014, May 4, 2013 and February 1, 2014, respectively.