Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

Best Buy Co. Inc., adjusted current assets

US$ in millions

	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019	Feb 3, 2018	Jan 28, 2017
As Reported
Current assets	10,539)	12,540)	8,857)	8,870)	9,829)	10,516)
Adjustments
Add: Allowances for uncollectible receivables	39)	38)	24)	23)	37)	52)
After Adjustment
Adjusted current assets	10,578)	12,578)	8,881)	8,893)	9,866)	10,568)

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

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Best Buy Co. Inc., adjusted total assets

US$ in millions

	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019	Feb 3, 2018	Jan 28, 2017
As Reported
Total assets	17,504)	19,067)	15,591)	12,901)	13,049)	13,856)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	2,615)	2,695)	2,575)
Add: Allowances for uncollectible receivables	39)	38)	24)	23)	37)	52)
Less: Deferred tax assets (included in Other assets)²	25)	17)	9)	55)	159)	317)
After Adjustment
Adjusted total assets	17,518)	19,088)	15,606)	15,484)	15,622)	16,166)

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets (included in Other assets). See details »

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Best Buy Co. Inc., adjusted current liabilities

US$ in millions

	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019	Feb 3, 2018	Jan 28, 2017
As Reported
Current liabilities	10,674)	10,521)	8,060)	7,513)	7,817)	7,122)
Adjustments
Less: Current deferred revenue	1,103)	711)	501)	446)	453)	418)
After Adjustment
Adjusted current liabilities	9,571)	9,810)	7,559)	7,067)	7,364)	6,704)

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

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Best Buy Co. Inc., adjusted total liabilities

US$ in millions

	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019	Feb 3, 2018	Jan 28, 2017
As Reported
Total liabilities	14,484)	14,480)	12,112)	9,595)	9,437)	9,147)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	2,615)	2,695)	2,575)
Less: Deferred tax liabilities (included in Long-term liabilities)²	22)	—)	29)	—)	—)	—)
Less: Deferred revenue	1,103)	711)	501)	446)	453)	418)
Less: Restructuring accrual	7)	124)	16)	8)	23)	34)
After Adjustment
Adjusted total liabilities	13,352)	13,645)	11,566)	11,756)	11,656)	11,270)

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities (included in Long-term liabilities). See details »

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Best Buy Co. Inc., adjusted total Best Buy Co., Inc. shareholders’ equity

US$ in millions

	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019	Feb 3, 2018	Jan 28, 2017
As Reported
Total Best Buy Co., Inc. shareholders’ equity	3,020)	4,587)	3,479)	3,306)	3,612)	4,709)
Adjustments
Less: Net deferred tax assets (liabilities)¹	3)	17)	(20)	55)	159)	317)
Add: Allowances for uncollectible receivables	39)	38)	24)	23)	37)	52)
Add: Deferred revenue	1,103)	711)	501)	446)	453)	418)
Add: Restructuring accrual	7)	124)	16)	8)	23)	34)
After Adjustment
Adjusted total Best Buy Co., Inc. shareholders’ equity	4,166)	5,443)	4,040)	3,728)	3,966)	4,896)

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

¹ Net deferred tax assets (liabilities). See details »

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Best Buy Co. Inc., adjusted capitalization table

US$ in millions

	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019	Feb 3, 2018	Jan 28, 2017
As Reported
Short-term debt	—)	110)	—)	—)	—)	—)
Current portion of long-term debt	13)	14)	14)	56)	544)	44)
Long-term debt, excluding current portion	1,216)	1,253)	1,257)	1,332)	811)	1,321)
Total reported debt	1,229)	1,377)	1,271)	1,388)	1,355)	1,365)
Total Best Buy Co., Inc. shareholders’ equity	3,020)	4,587)	3,479)	3,306)	3,612)	4,709)
Total reported capital	4,249)	5,964)	4,750)	4,694)	4,967)	6,074)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	2,615)	2,695)	2,575)
Add: Current portion of operating lease liabilities²	648)	693)	660)	—)	—)	—)
Add: Long-term operating lease liabilities, excluding current portion³	2,061)	2,012)	2,138)	—)	—)	—)
Adjusted total debt	3,938)	4,082)	4,069)	4,003)	4,050)	3,940)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	3)	17)	(20)	55)	159)	317)
Add: Allowances for uncollectible receivables	39)	38)	24)	23)	37)	52)
Add: Deferred revenue	1,103)	711)	501)	446)	453)	418)
Add: Restructuring accrual	7)	124)	16)	8)	23)	34)
Adjusted total Best Buy Co., Inc. shareholders’ equity	4,166)	5,443)	4,040)	3,728)	3,966)	4,896)
After Adjustment
Adjusted total capital	8,104)	9,525)	8,109)	7,731)	8,016)	8,836)

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current portion of operating lease liabilities. See details »

³ Long-term operating lease liabilities, excluding current portion. See details »

⁴ Net deferred tax assets (liabilities). See details »

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Best Buy Co. Inc., adjusted revenue

US$ in millions

12 months ended:	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019	Feb 3, 2018	Jan 28, 2017
As Reported
Revenue	51,761)	47,262)	43,638)	42,879)	42,151)	39,403)
Adjustment
Add: Increase (decrease) in deferred revenue	392)	210)	55)	(7)	35)	61)
After Adjustment
Adjusted revenue	52,153)	47,472)	43,693)	42,872)	42,186)	39,464)

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

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Best Buy Co. Inc., adjusted net earnings

US$ in millions

12 months ended:	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019	Feb 3, 2018	Jan 28, 2017
As Reported
Net earnings	2,454)	1,798)	1,541)	1,464)	1,000)	1,228)
Adjustments
Add: Deferred income tax expense (benefit)¹	14)	(36)	70)	10)	162)	201)
Add: Increase (decrease) in allowances for uncollectible receivables	1)	14)	1)	(14)	(15)	3)
Add: Increase (decrease) in deferred revenue	392)	210)	55)	(7)	35)	61)
Add: Increase (decrease) in restructuring accrual	(117)	108)	8)	(15)	(11)	(32)
Less: Gain from discontinued operations, net of tax	—)	—)	—)	—)	1)	21)
Add: Other comprehensive income (loss)	1)	33)	1)	(20)	35)	8)
After Adjustment
Adjusted net earnings	2,745)	2,127)	1,676)	1,418)	1,205)	1,448)

Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

¹ Deferred income tax expense (benefit). See details »

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Best Buy Co. Inc. (NYSE:BBY)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income