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CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Oct. 29, 2022
Oct. 30, 2021
Operating Activities:    
Net Income $ 166 $ 400
Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities:    
Depreciation of Long-lived Assets 208 233
Share-based Compensation Expense 38 24
Deferred Income Taxes (3) 58
Changes in Assets and Liabilities:    
Accounts Receivable (23) (4)
Inventories (298) (318)
Accounts Payable, Accrued Expenses and Other (229) 163
Income Taxes (131) 29
Other Assets and Liabilities (7) (207)
Net Cash Provided by (Used for) Operating Activities (279) 378
Investing Activities:    
Capital Expenditures (125) (117)
Investment in Frankies Bikinis, LLC (18) 0
Other Investing Activities (7) 0
Net Cash Used for Investing Activities (150) (117)
Financing Activities:    
Borrowings from Asset-based Revolving Credit Facility 267 0
Repurchases of Common Stock (214) 0
Cash Received from Noncontrolling Interest Partner 55 0
Tax Payments related to Share-based Awards (40) (3)
Proceeds from Stock Option Exercises 4 3
Payments of Long-term Debt (3) 0
Proceeds from Issuance of Long-term Debt, net of Issuance Costs and Discounts 0 982
Net Transfers to Former Parent 0 (1,253)
Other Financing Activities (2) 5
Net Cash Provided by (Used for) Financing Activities 67 (266)
Effects of Exchange Rate Changes on Cash and Cash Equivalents (2) 1
Net Decrease in Cash and Cash Equivalents (364) (4)
Cash and Cash Equivalents, Beginning of Period 490 335
Cash and Cash Equivalents, End of Period $ 126 $ 331