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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Apr. 29, 2023
Apr. 30, 2022
Cash flows from operating activities:    
Net income $ 891 $ 587
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 232 220
Impairment on equity investment 0 218
Loss on property disposals and impairment charges 4 4
Deferred income tax provision 16 12
Share-based compensation 34 27
Changes in assets and liabilities:    
(Increase) in accounts receivable (22) (66)
(Increase) in merchandise inventories (624) (1,085)
Decrease in income taxes recoverable 73 61
(Increase) in prepaid expenses and other current assets (15) (33)
Increase (decrease) in accounts payable 507 (53)
(Decrease) in accrued expenses and other liabilities (477) (565)
Increase in income taxes payable 113 77
(Decrease) in net operating lease liabilities (1) (4)
Other, net 14 (34)
Net cash provided by (used in) operating activities 745 (634)
Cash flows from investing activities:    
Property additions (361) (314)
Purchases of investments (11) (16)
Sales and maturities of investments 10 6
Net cash (used in) investing activities (362) (324)
Cash flows from financing activities:    
Payments for repurchase of common stock (492) (607)
Cash dividends paid (343) (309)
Proceeds from issuance of common stock 28 18
Other (30) (33)
Net cash (used in) financing activities (837) (931)
Effect of exchange rate changes on cash 2 (43)
Net (decrease) in cash and cash equivalents (452) (1,932)
Cash and cash equivalents at beginning of year 5,477 6,227
Cash and cash equivalents at end of period $ 5,025 $ 4,295