The Target Corporation's Balance Sheet included in its Fiscal Year 2021 annual report is shown...
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The Target Corporation's Balance Sheet included in its Fiscal Year 2021 annual report is shown below. Calculate Target's working capital balance as of January 29, 2022.
Target Corporation Balance Sheet
(millions)As of January 29, 2022As of January 30, 2021Assets Cash and cash equivalents $ 5,911 $ 8,511 Inventory13,902 10,653 Other current assets1,760 1,592 Total current assets21,573 20,756 Property and equipment Land6,164 6,141 Buildings and improvements32,985 31,557 Fixtures and equipment6,407 5,914 Computer hardware and software2,505 2,765 Construction-in-progress1,257 780 Accumulated depreciation(21,137)(20,278) Property and equipment, net28,181 26,879 Operating lease assets2,556 2,227 Other noncurrent assets1,501 1,386 Total assets $ 53,811 $ 51,248 Liabilities and shareholders' investment Accounts payable $ 15,478 $ 12,859 Accrued and other current liabilities6,098 6,122 Current portion of long-term debt and other borrowings171 1,144 Total current liabilities21,747 20,125 Long-term debt and other borrowings13,549 11,536 Noncurrent operating lease liabilities2,493 2,218 Deferred income taxes1,566 990 Other noncurrent liabilities1,629 1,939 Total noncurrent liabilities19,237 16,683 Shareholders' investment Common stock39 42 Additional paid-in capital6,421 6,329 Retained earnings6,920 8,825 Accumulated other comprehensive loss(553)(756)Total shareholders' investment12,827 14,440 Total liabilities and shareholders' investment $ 53,811 $ 51,248
A.$53,811 million B.-$174 million C.$12,827 million D.$32,064 million E.$5,911 million
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