Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jan. 28, 2023
Jan. 29, 2022
Current assets:    
Cash and cash equivalents $ 642.8 $ 984.9
Merchandise inventories 5,449.3 4,367.3
Other current assets 275.0 257.0
Total current assets 6,367.1 5,609.2
Property, plant and equipment, net of accumulated depreciation of $6,025.4 and $5,363.8, respectively 4,972.2 4,477.3
Restricted cash 68.5 53.4
Operating lease right-of-use assets 6,458.0 6,425.3
Goodwill 1,983.1 1,984.4
Trade name intangible asset 3,100.0 3,100.0
Deferred tax asset 15.0 20.3
Other assets 58.2 51.9
Total assets 23,022.1 21,721.8
Current liabilities:    
Current portion of operating lease liabilities 1,449.6 1,407.8
Accounts payable 1,899.8 1,884.2
Income taxes payable 58.1 82.6
Other current liabilities 817.7 802.0
Total current liabilities 4,225.2 4,176.6
Long-term debt, net 3,421.6 3,417.0
Operating lease liabilities, long-term 5,255.3 5,145.5
Deferred income taxes, net 1,105.7 987.2
Income taxes payable, long-term 17.4 20.9
Other liabilities 245.4 256.1
Total liabilities 14,270.6 14,003.3
Commitments and contingencies (Note 4)
Shareholders’ equity:    
Common stock, par value $0.01; 600,000,000 shares authorized, 221,222,984 and 225,100,198 shares issued and outstanding at January 28, 2023 and January 29, 2022, respectively 2.2 2.2
Additional paid-in capital 667.5 1,243.9
Accumulated other comprehensive loss (41.2) (35.2)
Retained earnings 8,123.0 6,507.6
Total shareholders’ equity 8,751.5 7,718.5
Total liabilities and shareholders’ equity $ 23,022.1 $ 21,721.8