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GAP Inc. Dollar amounts in Millions $ Percentages Common-Size Balance Sheet Jan. 30, 2021 Feb. 01, 2020 Jan. 30, 2021 Feb. 01, 2020 Current assets:
GAP Inc. | Dollar amounts in Millions $ | Percentages | ||
Common-Size Balance Sheet | Jan. 30, 2021 | Feb. 01, 2020 | Jan. 30, 2021 | Feb. 01, 2020 |
Current assets: | ||||
Cash and Cash Equivalents, at Carrying Value | $ 1,988 | $ 1,364 | ||
Short-term Investments | 410 | 290 | ||
Merchandise inventory | 2,451 | 2,156 | ||
Other Assets, Current | 1,159 | 706 | ||
Total current assets | 6,008 | 4,516 | ||
Property and equipment, net of accumulated depreciation | 2,841 | 3,122 | ||
Operating Lease, Right-of-Use Asset | 4,217 | 5,402 | ||
Other long-term assets | 703 | 639 | ||
Total assets | 13,769 | 13,679 | ||
Current liabilities: | ||||
Accounts payable | 1,743 | 1,174 | ||
Accrued Liabilities, Current | 1,276 | 1,067 | ||
Operating Lease, Liability, Current | 831 | 920 | ||
Income taxes payable | 34 | 48 | ||
Total current liabilities | 3,884 | 3,209 | ||
Long-term liabilities: | ||||
Long-term debt | 2,216 | 1,249 | ||
Operating Lease, Liability, Noncurrent | 4,617 | 5,508 | ||
Other long-term liabilities | 438 | 397 | ||
Total long-term liabilities | 7,271 | 7,154 | ||
Stockholders' equity: | ||||
Common stock $0.05 par value, Authorized 2,300 shares for all periods presented; Issued and Outstanding 371 and 378 shares | 19 | 19 | ||
Additional Paid in Capital | 85 | 0 | ||
Retained earnings | 2,501 | 3,257 | ||
Accumulated other comprehensive income | 9 | 40 | ||
Total stockholders' equity | 2,614 | 3,316 | ||
Total liabilities and stockholders' equity | $ 13,769 | $ 13,679 |
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