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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 04, 2024
Feb. 03, 2024
Apr. 29, 2023
Current Assets      
Cash and cash equivalents $ 4,654,316 $ 4,872,446 $ 4,416,480
Accounts receivable 165,436 130,766 170,816
Merchandise inventory 2,461,699 2,192,220 2,241,735
Prepaid expenses and other 225,911 202,706 210,597
Total current assets 7,507,362 7,398,138 7,039,628
Property and Equipment      
Land and buildings 1,482,432 1,486,557 1,490,584
Fixtures and equipment 4,269,334 4,220,221 3,988,109
Leasehold improvements 1,602,433 1,577,102 1,449,771
Construction-in-progress 623,581 628,730 397,505
Property and equipment, gross 7,977,780 7,912,610 7,325,969
Less accumulated depreciation and amortization 4,462,587 4,380,709 4,101,236
Property and equipment, net 3,515,193 3,531,901 3,224,733
Operating lease assets 3,210,455 3,126,841 3,122,474
Other long-term assets 258,772 243,229 232,069
Total assets 14,491,782 14,300,109 13,618,904
Current Liabilities      
Accounts payable 2,119,114 1,955,850 2,061,529
Accrued expenses and other 612,244 671,867 607,294
Current operating lease liabilities 679,596 683,625 654,709
Accrued payroll and benefits 313,305 548,371 299,465
Income taxes payable 212,700 76,370 158,170
Current portion of long-term debt 948,590 249,713 0
Total current liabilities 4,885,549 4,185,796 3,781,167
Long-term debt 1,513,200 2,211,017 2,457,561
Non-current operating lease liabilities 2,693,259 2,603,349 2,619,466
Other long-term liabilities 245,096 232,383 222,463
Deferred income taxes 206,726 196,238 227,851
Commitments and contingencies
Stockholders’ Equity      
Common stock, par value $.01 per share Authorized 1,000,000,000 shares Issued and outstanding 333,922,000, 335,172,000 and 341,045,000 shares, respectively 3,339 3,352 3,410
Additional paid-in capital 1,989,922 1,952,625 1,849,728
Treasury stock (703,798) (633,318) (622,272)
Retained earnings 3,658,489 3,548,667 3,079,530
Total stockholders’ equity 4,947,952 4,871,326 4,310,396
Total liabilities and stockholders’ equity $ 14,491,782 $ 14,300,109 $ 13,618,904