Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 29, 2022
Jan. 30, 2021
Current assets:    
Cash and cash equivalents $ 984.9 $ 1,416.7
Merchandise inventories 4,367.3 3,427.0
Other current assets 257.0 207.1
Total current assets 5,609.2 5,050.8
Property, plant and equipment, net of accumulated depreciation of $5,363.8 and $4,765.0, respectively 4,477.3 4,116.3
Restricted cash 53.4 46.9
Operating lease right-of-use assets 6,425.3 6,324.1
Goodwill 1,984.4 1,984.4
Trade name intangible asset 3,100.0 3,100.0
Deferred tax asset 20.3 23.2
Other assets 51.9 50.3
Total assets 21,721.8 20,696.0
Current liabilities:    
Current portion of operating lease liabilities 1,407.8 1,348.2
Accounts payable 1,884.2 1,480.5
Income taxes payable 82.6 86.3
Other current liabilities 802.0 815.3
Total current liabilities 4,176.6 3,730.3
Long-term debt, net 3,417.0 3,226.2
Operating lease liabilities, long-term 5,145.5 5,065.5
Deferred income taxes, net 987.2 1,013.5
Income taxes payable, long-term 20.9 22.6
Other liabilities 256.1 352.6
Total liabilities 14,003.3 13,410.7
Commitments and contingencies (Note 4)
Shareholders’ equity:    
Common stock, par value $0.01; 600,000,000 shares authorized, 225,100,198 and 233,383,199 shares issued and outstanding at January 29, 2022 and January 30, 2021, respectively 2.2 2.3
Additional paid-in capital 1,243.9 2,138.5
Accumulated other comprehensive loss (35.2) (35.2)
Retained earnings 6,507.6 5,179.7
Total shareholders’ equity 7,718.5 7,285.3
Total liabilities and shareholders’ equity $ 21,721.8 $ 20,696.0