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TARGET INC BALANCE SHEET in millions) January 30, 2021 February 1,2020 February 2,2019 January 30, 2021 February 1,2020 February 2,2019 Assets Cash and cash equivalkents

TARGET INC BALANCE SHEET

in millions) January 30, 2021 February 1,2020 February 2,2019 January 30, 2021 February 1,2020 February 2,2019
Assets

Cash and cash equivalkents

8511 2577 1556 16.61% 6.02% 3.77%
Inventory 10653 8992 9497 20.79% 21.02% 23.00%

Other current assets

1592 1333 1466 3.11% 3.12% 3.55%

Total current assets

20756 12902 12519 40.50% 30.16% 30.32%

Property and equipment

Land 6141 6036 6064 11.98% 14.11% 14.69%

Buildings and improvemnts

31557 30603 29240 61.58% 71.54% 70.82%

Fixtures and equipment

5914 6083 5912 11.54% 14.22% 14.32%

computer hardware and software

2765 2692 2544 5.40% 6.29% 6.16%

Construction in progress

780 533 460 1.52% 1.25% 1.11%

Accumulated depreciation

20278 19664 18687 39.57% 45.97% 45.26%

Property and equipment,net

26879 26283 25533 52.45% 61.44% 61.84%

Operating lease assets

2227 2236 1965 4.35% 5.23% 4.76%

Other noncurrent assets

1386 1358 1273 2.70% 3.17% 3.08%
Total assets 51248 42779 41290 100.00% 100.00% 100.00%

Liabilities and shareholders'investment

Accounts payable 12859 9920 9761 25.09% 23.19% 23.64%

Accrued and other current liabilities

6122 4406 4201 11.95% 10.30% 10.17%

Current portion of long term debt and other borrowing

1144 161 1052 2.23% 0.38% 2.55%

Total current liabilities

20125 14487 15014 39.27% 33.86% 36.36%

Long term debt and other borrowings

11536 11338 10223 22.51% 26.50% 24.76%

Noncurrent operating lease liabilities

2218 2275 2004 4.33% 5.32% 4.85%

Deferrred income taxes

990 1122 972 1.93% 2.62% 2.35%

Other noncurrent liabilities

1939 1724 1780 3.78% 4.03% 4.31%

Total noncurrent liabilities

16683 16459 14979 32.55% 38.47% 36.28%

Shareholders'investment

Common stock 42 42 43 0.08% 0.10% 0.10%

Additional paid-in capital

6329 6226 6042 12.35% 14.55% 14.63%
Retained earnings 8825 6433 6017 17.22% 15.04% 14.57%

Accumulated other comprehensive loss

756 868 805 1.48% 2.03% 1.95%

Total shareholders'investment

14440 11833 11297 28.18% 27.66% 27.36%

Total liabilities and shareholders'investment

51248 42779 41290 100.00% 100.00% 100.00%

What are the companys largest assets? Largest liabilities? Determine the relative proportion of short- and long-term assets.

Determine the relative proportion of liabilitile.com/spreadsheees and equity.

What percent of total assets is financed by non-owners? By owners? Are there any patterns emerging? Interpret them.

What do we mean when we say the company has strong or weak balance sheet

Can you link any of the asset or liabilities items and back to companys competitive strategy?

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