Lowe’s Cos. Inc. (LOW)

Lowe’s Cos. Inc., adjusted current assets

US$ in millions

		Feb 1, 2019	Feb 2, 2018	Feb 3, 2017	Jan 29, 2016	Jan 30, 2015	Jan 31, 2014
	As Reported
	Current assets
	Adjustments
	Less: Current deferred tax assets1
	After Adjustment
	Adjusted current assets

Based on: 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31).

Lowe’s Cos. Inc., adjusted total assets

US$ in millions

		Feb 1, 2019	Feb 2, 2018	Feb 3, 2017	Jan 29, 2016	Jan 30, 2015	Jan 31, 2014
	As Reported
	Total assets
	Adjustments
	Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)1
	Less: Current deferred tax assets2
	Less: Noncurrent deferred tax assets3
	After Adjustment
	Adjusted total assets

Based on: 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31).

Lowe’s Cos. Inc., adjusted current liabilities

US$ in millions

		Feb 1, 2019	Feb 2, 2018	Feb 3, 2017	Jan 29, 2016	Jan 30, 2015	Jan 31, 2014
	As Reported
	Current liabilities
	Adjustments
	Less: Current deferred revenue
	After Adjustment
	Adjusted current liabilities

Based on: 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31).

Lowe’s Cos. Inc., adjusted total liabilities

US$ in millions

		Feb 1, 2019	Feb 2, 2018	Feb 3, 2017	Jan 29, 2016	Jan 30, 2015	Jan 31, 2014
	As Reported
	Total liabilities
	Adjustments
	Add: Operating lease liability (before adoption of FASB Topic 842)1
	Less: Noncurrent deferred tax liabilities2
	Less: Deferred revenue
	Less: Accrual for exit activities
	After Adjustment
	Adjusted total liabilities

Based on: 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31).

Lowe’s Cos. Inc., adjusted shareholders’ equity

US$ in millions

		Feb 1, 2019	Feb 2, 2018	Feb 3, 2017	Jan 29, 2016	Jan 30, 2015	Jan 31, 2014
	As Reported
	Shareholders’ equity
	Adjustments
	Less: Net deferred tax asset (liability)1
	Add: Deferred revenue
	Add: Accrual for exit activities
	After Adjustment
	Adjusted shareholders’ equity

Based on: 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31).

Lowe’s Cos. Inc., adjusted capitalization table

US$ in millions

		Feb 1, 2019	Feb 2, 2018	Feb 3, 2017	Jan 29, 2016	Jan 30, 2015	Jan 31, 2014
	As Reported
	Short-term borrowings
	Current maturities of long-term debt
	Long-term debt, excluding current maturities
	Total reported debt
	Shareholders’ equity
	Total reported capital
	Adjustments to Debt
	Add: Operating lease liability (before adoption of FASB Topic 842)1
	Adjusted total debt
	Adjustments to Equity
	Less: Net deferred tax asset (liability)2
	Add: Deferred revenue
	Add: Accrual for exit activities
	Adjusted shareholders’ equity
	After Adjustment
	Adjusted total capital

Based on: 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31).

Lowe’s Cos. Inc., adjusted net sales

US$ in millions

	12 months ended	Feb 1, 2019	Feb 2, 2018	Feb 3, 2017	Jan 29, 2016	Jan 30, 2015	Jan 31, 2014
	As Reported
	Net sales
	Adjustment
	Add: Increase (decrease) in deferred revenue
	After Adjustment
	Adjusted net sales

Based on: 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31).

Lowe’s Cos. Inc., adjusted net earnings

US$ in millions

	12 months ended	Feb 1, 2019	Feb 2, 2018	Feb 3, 2017	Jan 29, 2016	Jan 30, 2015	Jan 31, 2014
	As Reported
	Net earnings
	Adjustments
	Add: Deferred income tax expense (benefit)1
	Add: Increase (decrease) in deferred revenue
	Add: Increase (decrease) in accrual for exit activities
	Add: Other comprehensive income (loss)
	After Adjustment
	Adjusted net earnings

Based on: 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-03-31).