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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jul. 29, 2023
Jul. 30, 2022
Operating Activities:    
Net Income (Loss) $ 3 $ 143
Adjustments to Reconcile Net Income to Net Cash Used for Operating Activities:    
Depreciation and Amortization of Long-lived Assets 145 140
Share-based Compensation Expense 27 26
Deferred Income Taxes 8 (2)
Amortization of Fair Value Adjustment to Acquired Inventories 15 0
Changes in Assets and Liabilities:    
Accounts Receivable (1) 12
Inventories (5) (138)
Accounts Payable, Accrued Expenses and Other (106) (137)
Income Taxes (56) (120)
Other Assets and Liabilities (49) 25
Net Cash Used for Operating Activities (19) (51)
Investing Activities:    
Capital Expenditures (144) (58)
Acquisition, Net of Cash Acquired 1  
Investment in Frankies Bikinis, LLC   0
Investment in Frankies Bikinis, LLC 0 (18)
Other Investing Activities 0 (7)
Net Cash Used for Investing Activities (143) (83)
Financing Activities:    
Repurchases of Common Stock (125) (169)
Borrowings from Asset-based Revolving Credit Facility 115 0
Repayments of Borrowings from Asset-based Revolving Credit Facility 115 0
Tax Payments related to Share-based Awards (9) (39)
Proceeds from Stock Option Exercises 3 4
Payments of Long-term Debt (2) (2)
Cash Received from Noncontrolling Interest Partner 0 55
Other Financing Activities 0 (2)
Net Cash Used for Financing Activities (133) (153)
Effects of Exchange Rate Changes on Cash and Cash Equivalents (1) (2)
Net Decrease in Cash and Cash Equivalents (296) (289)
Cash and Cash Equivalents, Beginning of Period 427 490
Cash and Cash Equivalents, End of Period $ 131 $ 201