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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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