CASH AND EQUIVALENTS
Cash and equivalents consisted of (in thousands):
|
| | | | | | | |
| February 1, 2014 | | February 2, 2013 |
Cash and equivalents: | | | |
Cash | $ | 452,116 |
| | $ | 398,508 |
|
Cash equivalents | 148,000 |
| | 244,997 |
|
Total cash and equivalents | $ | 600,116 |
| | $ | 643,505 |
|
Cash and equivalents include amounts on deposit with financial institutions, United States treasury bills, and other investments, primarily held in money market accounts, with original maturities of less than three months. Any cash that is legally restricted from use is recorded in Other Assets on the Consolidated Balance Sheets. The restricted cash balance was $26.7 million on February 1, 2014 and $31.1 million on February 2, 2013. Restricted cash includes various cash deposits with international banks that are used as collateral for customary non-debt banking commitments and deposits into trust accounts to conform to standard insurance security requirements.
