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

Home Depot Inc., adjusted total assets

US$ in millions

	Feb 2, 2025	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
As Reported
Total assets	96,119)	76,530)	76,445)	71,876)	70,581)	51,236)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	—)
Less: Deferred tax assets (included in Other assets)²	269)	313)	319)	344)	305)	139)
After Adjustment
Adjusted total assets	95,850)	76,217)	76,126)	71,532)	70,276)	51,097)

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).

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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Home Depot Inc., adjusted current liabilities

US$ in millions

	Feb 2, 2025	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
As Reported
Current liabilities	28,661)	22,015)	23,110)	28,693)	23,166)	18,375)
Adjustments
Less: Current deferred revenue	2,610)	2,762)	3,064)	3,596)	2,823)	2,116)
After Adjustment
Adjusted current liabilities	26,051)	19,253)	20,046)	25,097)	20,343)	16,259)

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).

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Home Depot Inc., adjusted total liabilities

US$ in millions

	Feb 2, 2025	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
As Reported
Total liabilities	89,479)	75,486)	74,883)	73,572)	67,282)	54,352)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	—)
Less: Deferred tax liabilities²	1,962)	863)	1,019)	909)	1,131)	706)
Less: Deferred revenue	2,610)	2,762)	3,064)	3,596)	2,823)	2,116)
After Adjustment
Adjusted total liabilities	84,907)	71,861)	70,800)	69,067)	63,328)	51,530)

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).

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

² Deferred tax liabilities. See details »

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Home Depot Inc., adjusted stockholders’ equity (deficit)

US$ in millions

	Feb 2, 2025	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
As Reported
Stockholders’ equity (deficit)	6,640)	1,044)	1,562)	(1,696)	3,299)	(3,116)
Adjustments
Less: Net deferred tax assets (liabilities)¹	(1,693)	(550)	(700)	(565)	(826)	(567)
Add: Deferred revenue	2,610)	2,762)	3,064)	3,596)	2,823)	2,116)
After Adjustment
Adjusted stockholders’ equity (deficit)	10,943)	4,356)	5,326)	2,465)	6,948)	(433)

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).

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

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Home Depot Inc., adjusted capitalization table

US$ in millions

	Feb 2, 2025	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
As Reported
Short-term debt	316)	—)	—)	1,035)	—)	974)
Current installments of long-term debt	4,582)	1,368)	1,231)	2,447)	1,416)	1,839)
Long-term debt, excluding current installments	48,485)	42,743)	41,962)	36,604)	35,822)	28,670)
Total reported debt	53,383)	44,111)	43,193)	40,086)	37,238)	31,483)
Stockholders’ equity (deficit)	6,640)	1,044)	1,562)	(1,696)	3,299)	(3,116)
Total reported capital	60,023)	45,155)	44,755)	38,390)	40,537)	28,367)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)	—)
Add: Current operating lease liabilities²	1,274)	1,050)	945)	830)	828)	828)
Add: Long-term operating lease liabilities³	7,633)	7,082)	6,226)	5,353)	5,356)	5,066)
Adjusted total debt	62,290)	52,243)	50,364)	46,269)	43,422)	37,377)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	(1,693)	(550)	(700)	(565)	(826)	(567)
Add: Deferred revenue	2,610)	2,762)	3,064)	3,596)	2,823)	2,116)
Adjusted stockholders’ equity (deficit)	10,943)	4,356)	5,326)	2,465)	6,948)	(433)
After Adjustment
Adjusted total capital	73,233)	56,599)	55,690)	48,734)	50,370)	36,944)

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).

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

² Current operating lease liabilities. See details »

³ Long-term operating lease liabilities. See details »

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

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Home Depot Inc., adjusted net sales

US$ in millions

12 months ended:	Feb 2, 2025	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
As Reported
Net sales	159,514)	152,669)	157,403)	151,157)	132,110)	110,225)
Adjustment
Add: Increase (decrease) in deferred revenue	(152)	(302)	(532)	773)	707)	334)
After Adjustment
Adjusted net sales	159,362)	152,367)	156,871)	151,930)	132,817)	110,559)

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).

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Home Depot Inc., adjusted net earnings

US$ in millions

12 months ended:	Feb 2, 2025	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
As Reported
Net earnings	14,806)	15,143)	17,105)	16,433)	12,866)	11,242)
Adjustments
Add: Deferred income tax expense (benefit)¹	(39)	(230)	138)	(254)	(607)	191)
Add: Increase (decrease) in deferred revenue	(152)	(302)	(532)	773)	707)	334)
Add: Other comprehensive income (loss), net of tax	(652)	241)	(14)	(33)	68)	64)
After Adjustment
Adjusted net earnings	13,963)	14,852)	16,697)	16,919)	13,034)	11,831)

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).

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

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Home Depot Inc. (NYSE:HD)

Adjustments to Financial Statements

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