v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 30, 2026
Jan. 31, 2025
Current assets:    
Cash and cash equivalents $ 982 $ 1,761
Short-term investments 370 372
Receivables - net 1,090 94
Merchandise inventory - net 17,300 17,409
Other current assets 1,213 722
Total current assets 20,955 20,358
Property, less accumulated depreciation 18,362 17,649
Operating lease right-of-use assets 4,303 3,738
Long-term investments 319 277
Deferred income taxes - net 0 244
Goodwill 3,945 311
Intangible assets - net 5,908 277
Other assets 352 248
Total assets 54,144 43,102
Current liabilities:    
Current maturities of long-term debt 2,431 2,586
Current operating lease liabilities 713 563
Accounts payable 9,762 9,290
Accrued compensation and employee benefits 1,285 1,008
Deferred revenue 1,477 1,358
Other current liabilities 3,795 3,952
Total current liabilities 19,463 18,757
Long-term debt, excluding current maturities 37,490 32,901
Noncurrent operating lease liabilities 4,043 3,628
Deferred income taxes - net 1,039 0
Deferred revenue - Lowe’s protection plans 1,262 1,268
Other liabilities 764 779
Total liabilities 64,061 57,333
Commitments and contingencies
Shareholders’ deficit:    
Preferred stock – $5 par value: Authorized – 5.0 million shares; Issued and outstanding – none 0 0
Common stock – $0.50 par value: Authorized – 5.6 billion shares; Issued and outstanding – 561 million and 560 million, respectively 281 280
Capital in excess of par value 370 0
Accumulated deficit (10,839) (14,799)
Accumulated other comprehensive income 271 288
Total shareholders’ deficit (9,917) (14,231)
Total liabilities and shareholders’ deficit $ 54,144 $ 43,102