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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Aug. 03, 2024
Jul. 29, 2023
Operating Activities:    
Net Income (Loss) $ 30 $ 3
Adjustments to Reconcile Net Income to Net Cash Used for Operating Activities:    
Depreciation and Amortization of Long-lived Assets 129 145
Share-based Compensation Expense 32 27
Gain on Sale of Assets (6) 0
Deferred Income Taxes 3 8
Amortization of Fair Value Adjustment to Acquired Inventories 0 15
Changes in Assets and Liabilities:    
Accounts Receivable (6) (1)
Inventories (34) (5)
Accounts Payable, Accrued Expenses and Other (99) (106)
Income Taxes (24) (56)
Other Assets and Liabilities (26) (49)
Net Cash Used for Operating Activities (1) (19)
Investing Activities:    
Capital Expenditures (99) (144)
Proceeds from Sale of Assets 16 0
Acquisition, Net of Cash Acquired 0 1
Net Cash Used for Investing Activities (83) (143)
Financing Activities:    
Borrowings from Asset-based Revolving Credit Facility 145 115
Repayments of Borrowings from Asset-based Revolving Credit Facility 145 115
Payments for Contingent Consideration related to Adore Me Acquisition (16) 0
Tax Payments related to Share-based Awards (8) (9)
Payments of Long-term Debt (2) (2)
Repurchases of Common Stock 0 (125)
Proceeds from Stock Option Exercises 0 3
Other Financing Activities 9 0
Net Cash Used for Financing Activities (17) (133)
Effects of Exchange Rate Changes on Cash and Cash Equivalents 0 (1)
Net Decrease in Cash and Cash Equivalents (101) (296)
Cash and Cash Equivalents, Beginning of Period 270 427
Cash and Cash Equivalents, End of Period $ 169 $ 131