M5-15. Common-Size Balance Sheets Following is the balance sheet for Target Corporation. Prepare Target's common-size balance sheets as of February 1, 2020, and February 2, 2019. February 1, February 2, ($ millions) 2020 2019 Assets Cash and cash equivalents $ 2,577 $ 1,556 Inventory . . . . . 8,992 9,497 Other current assets . . 1,333 1,466 Total current assets . . . 12,902 12,519 Property and equipment, net . 26,283 25,533 Operating lease assets. . . 2,236 1,965 Other noncurrent assets. . 1,358 1,273 Total assets. . . . $42,779 $41,290 Liabilities and shareholders' investment Accounts payable . . . . . . $ 9,920 $ 9,761 Accrued and other current liabilities . . . . . 4,406 4,201 Current portion of long-term debt and other borrowings 161 1,052 Total current liabilities . . .... 14,487 15,014 Long-term debt and other borrowings 11,338 10,223 Noncurrent operating lease liabilities 2,275 2,004 Deferred income taxes . . . . 1, 122 972 Other noncurrent liabilities . . . 1,724 1,780 Total noncurrent liabilities . . 16,459 14,979 Total shareholders' investment . 11,833 11,297 Total liabilities and shareholders' investment $42,779 $41,290