Below are the financial statements of Best Buy, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2025 as of 2025-02-01 | 2024 as of 2024-02-03 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 1.58a | 1.45a |
| Receivables, net | 1.04a | 0.94a |
| Merchandise inventories | 5.09a | 4.96a |
| Other current assets | 0.52a | 0.55a |
| Total current assets | 8.22a | 7.9a |
| Property and equipment | — | — |
| Land and buildings | 0.72a | 0.7a |
| Leasehold improvements | 2.37a | 2.28a |
| Fixtures and equipment | 3.87a | 4a |
| Property under finance leases | 0.09a | 0.1a |
| Gross property and equipment | 7.05a | 7.08a |
| Less accumulated depreciation | 4.93a | 4.82a |
| Net property and equipment | 2.12a | 2.26a |
| Operating lease assets | 2.83a | 2.76a |
| Goodwill | 0.91a | 1.38a |
| Other assets | 0.7a | 0.67a |
| Total assets | 14.78a | 14.97a |
| Liabilities and equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 4.98a | 4.64a |
| Unredeemed gift card liabilities | 0.25a | 0.25a |
| Deferred revenue | 0.95a | 1a |
| Accrued compensation and related expenses | 0.46a | 0.49a |
| Accrued liabilities | 0.74a | 0.9a |
| Current portion of operating lease liabilities | 0.62a | 0.62a |
| Current portion of long-term debt | 0.01a | 0.01a |
| Total current liabilities | 8.02a | 7.91a |
| Long-term operating lease liabilities | 2.28a | 2.2a |
| Long-term debt | 1.14a | 1.15a |
| Long-term liabilities | 0.53a | 0.65a |
| Equity | — | — |
| Best Buy Co., Inc. shareholders' equity | — | — |
| Preferred stock | 0a | 0a |
| Common stock | 0.02a | 0.02a |
| Additional paid-in capital | 0a | 0.03a |
| Retained earnings | 2.49a | 2.68a |
| Accumulated other comprehensive income | 0.3a | 0.32a |
| Total equity | 2.81a | 3.05a |
| Total liabilities and equity | 14.78a | 14.97a |
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