# LOWE’S COMPANIES, INC. (LOW) FY2024 Q1 Balance Sheet

- Company: LOWE’S COMPANIES, INC. (LOW)
- Period: As of 2024-05-03
- Filing: Q1 FY2024 10-Q, filed 2024-05-30, accession number 0000060667-24-000085
- Page: https://plicit.ai/financials/low/fy2024-q1-balance-sheet
- Chart image: https://plicit.ai/charts/low-fy2024-q1-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-05-03. The chart shows assets, liabilities and equity at that date.

- **Assets**: 45,365,000,000 US dollars
- **Current assets**: 22,750,000,000 US dollars
- **Non-current assets**: 22,615,000,000 US dollars
- **Liabilities**: 59,971,000,000 US dollars
- **Current liabilities**: 19,506,000,000 US dollars
- **Non-current liabilities**: 40,465,000,000 US dollars
- **Equity**: negative 14,606,000,000 US dollars
- **Merchandise inventory – net**: 18,224,000,000 US dollars
- **Cash and cash equivalents**: 3,237,000,000 US dollars
- **Other current assets**: 1,025,000,000 US dollars
- **Short-term investments**: 264,000,000 US dollars
- **Property, less accumulated depreciation**: 17,531,000,000 US dollars
- **Operating lease right-of-use assets**: 3,829,000,000 US dollars
- **Other assets**: 834,000,000 US dollars
- **Long-term investments**: 306,000,000 US dollars
- **Deferred income taxes – net**: 115,000,000 US dollars
- **Accounts payable**: 11,737,000,000 US dollars
- **Other current liabilities**: 3,644,000,000 US dollars
- **Deferred revenue**: 1,409,000,000 US dollars
- **Current maturities of long-term debt**: 1,294,000,000 US dollars
- **Accrued compensation and employee benefits**: 870,000,000 US dollars
- **Current operating lease liabilities**: 552,000,000 US dollars
- **Short-term borrowings**: 0 US dollars
- **Long-term debt, excluding current maturities**: 34,622,000,000 US dollars
- **Noncurrent operating lease liabilities**: 3,759,000,000 US dollars
- **Deferred revenue – Lowe's protection plans**: 1,225,000,000 US dollars
- **Other liabilities**: 859,000,000 US dollars
- **Accumulated other comprehensive income**: 296,000,000 US dollars
- **Common stock, $0.50 par value: Authorized – 5.6 billion shares; Issued and outstanding – 575 million, 601 million, and 611 million shares, respectively**: 286,000,000 US dollars
- **Preferred stock, $5 par value: Authorized – 5.0 million shares; Issued and outstanding – none**: 0 US dollars
- **Accumulated deficit**: negative 15,188,000,000 US dollars

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.