Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 30, 2021
Feb. 01, 2020
Current assets:    
Cash and cash equivalents $ 1,416.7 $ 539.2
Merchandise inventories 3,427.0 3,522.0
Other current assets 207.1 208.2
Total current assets 5,050.8 4,269.4
Property, plant and equipment, net of accumulated depreciation of $4,765.0 and $4,194.1, respectively 4,116.3 3,881.8
Restricted cash 46.9 46.8
Operating lease right-of-use assets 6,324.1 6,225.0
Goodwill 1,984.4 1,983.3
Trade name intangible asset 3,100.0 3,100.0
Deferred tax asset 23.2 24.4
Other assets 50.3 43.9
Total assets 20,696.0 19,574.6
Current liabilities:    
Current portion of long-term debt 0.0 250.0
Current portion of operating lease liabilities 1,348.2 1,279.3
Accounts payable 1,480.5 1,336.5
Income taxes payable 86.3 62.7
Other current liabilities 815.3 618.0
Total current liabilities 3,730.3 3,546.5
Long-term debt, net, excluding current portion 3,226.2 3,522.2
Operating lease liabilities, long-term 5,065.5 4,979.5
Deferred income taxes, net 1,013.5 984.7
Income taxes payable, long-term 22.6 28.9
Other liabilities 352.6 258.0
Total liabilities 13,410.7 13,319.8
Commitments and contingencies
Shareholders’ equity:    
Common stock, par value $0.01; 600,000,000 shares authorized, 233,383,199 and 236,726,563 shares issued and outstanding at January 30, 2021 and February 1, 2020, respectively 2.3 2.4
Additional paid-in capital 2,138.5 2,454.4
Accumulated other comprehensive loss (35.2) (39.8)
Retained earnings 5,179.7 3,837.8
Total shareholders’ equity 7,285.3 6,254.8
Total liabilities and shareholders’ equity $ 20,696.0 $ 19,574.6