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Consolidated and Combined Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jan. 29, 2022
Jan. 30, 2021
Feb. 01, 2020
Statement of Cash Flows [Abstract]      
Net Income $ 646 $ (72) $ (897)
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:      
Depreciation of Long-lived Assets 303 326 411
Share-based Compensation Expense 33 25 38
Deferred Income Taxes 1 (64) (30)
Impairment of Goodwill 0 0 720
Asset Impairment Charges 0 254 263
Gain related to formation of U.K. Joint Venture 0 (54) 0
Gain from Hong Kong Store Closure and Lease Termination 0 (39) 0
Changes in Assets and Liabilities:      
Accounts Receivable (21) 36 14
Inventories (247) 141 20
Accounts Payable, Accrued Expenses and Other 173 49 (118)
Income Taxes Payable 119 (25) (49)
Other Assets and Liabilities (156) 97 (57)
Net Cash Provided by Operating Activities 851 674 315
Investing Activities:      
Capital Expenditures (169) (127) (225)
Other Investing Activities 0 4 (18)
Net Cash Used for Investing Activities (169) (123) (243)
Financing Activities:      
Proceeds from Issuance of Long-term Debt, Net of Issuance Costs and Discounts 982 0 0
Payments of Long-term Debt (1) 0 0
Repurchases of Common Stock (250) 0 0
Tax Payments related to Share-based Awards (4) 0 0
Proceeds from Stock Option Exercises 5 0 0
Net Transfers to Former Parent (1,253) (407) (197)
Borrowings from Foreign Facilities 0 34 167
Repayments of Foreign Facilities 0 (189) (162)
Borrowing from Former Parent 0 97 0
Other Financing Activities (6) 0 0
Net Cash Used for Financing Activities (527) (465) (192)
Effects of Exchange Rate Changes on Cash and Cash Equivalents 0 4 (4)
Net Increase (Decrease) in Cash and Cash Equivalents 155 90 (124)
Cash and Cash Equivalents, Beginning of Period 335 245 369
Cash and Cash Equivalents, End of Period $ 490 $ 335 $ 245