Target Corporation (TGT)

Target Balance Sheet

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 2, 2024	Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Cash & Equivalents	3,433	3,805	2,229	5,911	8,511	2,577
Short-Term Investments	-	-	-	-	-	39
Trading Asset Securities	-	-	-	17	-	-
Cash & Short-Term Investments	3,433	3,805	2,229	5,928	8,511	2,616
Cash Growth	79.74%	70.70%	-62.40%	-30.35%	225.34%	68.12%
Accounts Receivable	-	891	1,169	835	631	498
Other Receivables	-	513	526	518	504	464
Receivables	-	1,404	1,695	1,353	1,135	962
Inventory	15,165	11,886	13,499	13,902	10,653	8,992
Prepaid Expenses	-	201	188	170	171	154
Other Current Assets	1,956	202	235	220	286	178
Total Current Assets	20,554	17,498	17,846	21,573	20,756	12,902
Property, Plant & Equipment	36,444	36,458	34,169	30,737	29,106	28,519
Long-Term Investments	-	-	7	135	188	137
Goodwill	-	631	631	631	631	633
Other Intangible Assets	-	8	14	25	37	53
Other Long-Term Assets	1,533	761	668	710	530	535
Total Assets	58,531	55,356	53,335	53,811	51,248	42,779
Accounts Payable	14,419	12,098	13,487	15,478	12,859	9,920
Accrued Expenses	4,447	2,676	2,358	2,908	3,028	1,983
Current Portion of Long-Term Debt	1,635	997	1	63	1,056	94
Current Portion of Leases	347	448	425	362	299	267
Current Income Taxes Payable	-	-	-	-	-	129
Current Unearned Revenue	944	1,162	1,240	1,202	1,035	935
Other Current Liabilities	-	1,923	1,989	1,734	1,848	1,159
Total Current Liabilities	21,792	19,304	19,500	21,747	20,125	14,487
Long-Term Debt	14,451	13,151	14,147	11,582	9,770	10,035
Long-Term Leases	3,418	5,173	4,581	4,460	3,984	3,578
Long-Term Unearned Revenue	-	419	449	479	509	539
Long-Term Deferred Tax Liabilities	2,419	2,480	2,196	1,566	990	1,122
Other Long-Term Liabilities	1,962	1,364	1,193	1,105	1,373	1,078
Total Liabilities	44,042	41,924	42,103	40,984	36,808	30,946
Common Stock	38	38	38	39	42	42
Additional Paid-In Capital	6,916	6,761	6,608	6,421	6,329	6,226
Retained Earnings	8,009	7,093	5,005	6,920	8,825	6,433
Comprehensive Income & Other	-474	-460	-419	-553	-756	-868
Shareholders' Equity	14,489	13,432	11,232	12,827	14,440	11,833
Total Liabilities & Equity	58,531	55,356	53,335	53,811	51,248	42,779
Total Debt	19,851	19,769	19,154	16,467	15,109	13,974
Net Cash (Debt)	-16,418	-15,964	-16,925	-10,539	-6,598	-11,358
Net Cash Per Share	-35.46	-34.49	-36.42	-21.39	-13.06	-22.03
Filing Date Shares Outstanding	458.21	461.69	460.36	462.42	498.62	500.96
Total Common Shares Outstanding	459.24	461.68	460.35	471.27	500.88	504.2
Working Capital	-1,238	-1,806	-1,654	-174	631	-1,585
Book Value Per Share	31.55	29.09	24.40	27.22	28.83	23.47
Tangible Book Value	14,489	12,793	10,587	12,171	13,772	11,147
Tangible Book Value Per Share	31.55	27.71	23.00	25.83	27.50	22.11
Land	6,666	6,547	6,231	6,164	6,141	6,036
Buildings	38,666	34,853	32,450	30,663	29,503	28,982
Machinery	12,389	12,193	10,478	8,912	8,679	8,775
Construction In Progress	758	1,703	2,688	1,257	780	533

Source: S&P Capital IQ. Standard template. Financial Sources.