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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 02, 2024
Feb. 03, 2024
Oct. 28, 2023
Current Assets      
Cash and cash equivalents $ 4,349,262 $ 4,872,446 $ 4,499,497
Accounts receivable 176,218 130,766 171,915
Merchandise inventory 2,859,106 2,192,220 2,613,808
Prepaid expenses and other 241,703 202,706 206,725
Total current assets 7,626,289 7,398,138 7,491,945
Property and Equipment      
Land and buildings 1,487,579 1,486,557 1,491,023
Fixtures and equipment 4,428,436 4,220,221 4,109,947
Leasehold improvements 1,637,771 1,577,102 1,503,769
Construction-in-progress 749,911 628,730 569,995
Property and equipment, gross 8,303,697 7,912,610 7,674,734
Less accumulated depreciation and amortization 4,646,018 4,380,709 4,277,215
Property and equipment, net 3,657,679 3,531,901 3,397,519
Operating lease assets 3,349,427 3,126,841 3,160,017
Other long-term assets 271,791 243,229 221,139
Total assets 14,905,186 14,300,109 14,270,620
Current Liabilities      
Accounts payable 2,346,479 1,955,850 2,280,278
Accrued expenses and other 637,332 671,867 665,279
Current operating lease liabilities 699,200 683,625 680,088
Accrued payroll and benefits 459,094 548,371 509,484
Income taxes payable 2,186 76,370 20,960
Current portion of long-term debt 699,407 249,713 249,598
Total current liabilities 4,843,698 4,185,796 4,405,687
Long-term debt 1,514,452 2,211,017 2,210,073
Non-current operating lease liabilities 2,821,417 2,603,349 2,640,068
Other long-term liabilities 265,673 232,383 218,970
Deferred income taxes 196,583 196,238 212,866
Commitments and contingencies
Stockholders’ Equity      
Common stock, par value $.01 per share Authorized 1,000,000,000 shares Issued and outstanding 330,258,000, 335,172,000 and 336,952,000 shares, respectively 3,303 3,352 3,370
Additional paid-in capital 2,060,801 1,952,625 1,920,908
Treasury stock (719,410) (633,318) (633,318)
Retained earnings 3,918,669 3,548,667 3,291,996
Total stockholders’ equity 5,263,363 4,871,326 4,582,956
Total liabilities and stockholders’ equity $ 14,905,186 $ 14,300,109 $ 14,270,620