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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 30, 2022
Jan. 29, 2022
Jul. 31, 2021
Current assets:      
Cash and cash equivalents $ 3,531,212 $ 6,226,765 $ 7,106,016
Accounts receivable, net 555,691 517,623 615,634
Merchandise inventories 7,083,260 5,961,573 5,086,631
Prepaid expenses and other current assets 552,480 438,099 459,046
Federal, state and foreign income taxes recoverable 112,122 114,537 121,703
Total current assets 11,834,765 13,258,597 13,389,030
Net property at cost 5,389,735 5,270,827 5,107,346
Non-current deferred income taxes, net 171,723 184,971 127,483
Operating lease right of use assets 8,986,682 8,853,934 9,183,258
Goodwill 96,648 96,662 97,972
Other assets 611,053 796,467 878,357
Total assets 27,090,606 28,461,458 28,783,446
Current liabilities:      
Accounts payable 4,085,478 4,465,427 4,413,316
Accrued expenses and other current liabilities 3,928,610 4,244,997 3,968,968
Current portion of operating lease liabilities 1,571,508 1,576,561 1,612,603
Current portion of long-term debt 499,646 0 0
Federal, state and foreign income taxes payable 61,877 181,155 47,171
Total current liabilities 10,147,119 10,468,140 10,042,058
Other long-term liabilities 916,663 1,015,720 1,072,847
Non-current deferred income taxes, net 67,030 44,175 3,451
Long-term operating lease liabilities 7,706,002 7,575,590 7,905,814
Long-term debt 2,857,143 3,354,841 3,352,892
Commitments and contingencies (See Note K)
Shareholders’ equity      
Preferred stock, authorized 5,000,000 shares, par value $1, no shares issued 0 0 0
Common stock, authorized 1,800,000,000 shares, par value $1, issued and outstanding 1,161,886,769; 1,181,188,731 and 1,202,980,524 respectively 1,161,887 1,181,189 1,202,981
Additional paid-in capital 0 0 117,603
Accumulated other comprehensive loss (768,141) (687,150) (577,692)
Retained earnings 5,002,903 5,508,953 5,663,492
Total shareholders’ equity 5,396,649 6,002,992 6,406,384
Total liabilities and shareholders’ equity $ 27,090,606 $ 28,461,458 $ 28,783,446