Schedule I — Condensed Financial Information of Parent (Tables)

12 Months Ended

Jan. 30, 2022

Condensed Financial Information Disclosure [Abstract]

Condensed Balance Sheet

CORE & MAIN, INC.

PARENT COMPANY ONLY

CONDENSED BALANCE SHEET

Amounts in millions (except share and per share data)

	January 30, 2022
ASSETS
Investment in subsidiaries	$	1,154
Goodwill	330
Deferred tax asset	9
Total assets	$	1,493
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accrued income taxes	$	12
Other current liabilities	3
Total current liabilities	15
Payable to related parties pursuant to Tax Receivable Agreements	153
Total liabilities	168
Class A common stock, par value $0.01 per share, 1,000,000,000 shares authorized, 167,522,403 shares issued and outstanding as of January 30, 2022	2
Class B common stock, par value $0.01 per share, 500,000,000 shares authorized, 78,398,141 shares issued and outstanding as of January 30, 2022	1
Additional paid-in capital	1,214
Retained earnings	92
Accumulated other comprehensive income	16
Total stockholders’ equity	1,325
Total liabilities and stockholders’ equity	$	1,493

Condensed Statement of Operations and Comprehensive Income

CORE & MAIN, INC.

PARENT COMPANY ONLY

CONDENSED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME

Amounts in millions

	Period from April 9, 2021 to January 30, 2022
Equity in net income of subsidiary	$	119
Income before provision for income taxes	119
Provision for income taxes	27
Net income	92
Net interest rate swap gain, net of tax expense of $5	18
Comprehensive income	$	110

Condensed Statement of Cash Flows

CORE & MAIN, INC.

PARENT COMPANY ONLY

CONDENSED STATEMENT OF CASH FLOWS

Amounts in millions

	Period from April 9, 2021 to January 30, 2022
Cash Flows From Operating Activities:
Net cash provided by operating activities	$	—
Cash Flows From Investing Activities:
Investment in subsidiary	(756)
Net cash used in investing activities	(756)
Cash Flows From Financing Activities:
IPO proceeds, net of underwriting discounts and commissions	664
Offering proceeds from underwriters’ option, net of underwriting discounts and commissions	100
Payments for offering costs	(8)
Net cash provided by financing activities	756
Change in cash and cash equivalents	—
Cash and cash equivalents at the beginning of the period	—
Cash and cash equivalents at the end of the period	$	—
Cash paid for taxes	$	36