LOWES COMPANIES INC
For the period ended Jan 31, 2025. Filed Mar 24, 2025.
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FY2025 · Filed Mar 24, 2025
LOW$232.10+3.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except par value)
| January 31, 2025 | February 2, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,761 | $921 |
| Short-term investments | 372 | 307 |
| Merchandise inventory – net | 17,409 | 16,894 |
| Other current assets | 816 | 949 |
| Total current assets | 20,358 | 19,071 |
| Property, less accumulated depreciation | 17,649 | 17,653 |
| Operating lease right-of-use assets | 3,738 | 3,733 |
| Long-term investments | 277 | 252 |
| Deferred income taxes – net | 244 | 248 |
| Other assets | 836 | 838 |
| Total assets | $43,102 | $41,795 |
| Liabilities and shareholders’ deficit | ||
| Current liabilities: | ||
| Current maturities of long-term debt | 2,586 | 537 |
| Current operating lease liabilities | 563 | 487 |
| Accounts payable | 9,290 | 8,704 |
| Accrued compensation and employee benefits | 1,008 | 954 |
| Deferred revenue | 1,358 | 1,408 |
| Other current liabilities | 3,952 | 3,478 |
| Total current liabilities | 18,757 | 15,568 |
| Long-term debt, excluding current maturities | 32,901 | 35,384 |
| Noncurrent operating lease liabilities | 3,628 | 3,737 |
| Deferred revenue – Lowe’s protection plans | 1,268 | 1,225 |
| Other liabilities | 779 | 931 |
| Total liabilities | 57,333 | 56,845 |
| Commitments and contingencies | ||
| Shareholders’ deficit: | ||
| Preferred stock – $5 par value: Authorized – 5.0 million shares; Issued and outstanding – none | — | — |
| Common stock – $0.50 par value: Authorized – 5.6 billion shares; Issued and outstanding – 560 million and 574 million, respectively | 280 | 287 |
| Accumulated deficit | (14,799) | (15,637) |
| Accumulated other comprehensive income | 288 | 300 |
| Total shareholders’ deficit | (14,231) | (15,050) |
| Total liabilities and shareholders’ deficit | $43,102 | $41,795 |
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