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Consolidated Statements of Changes in Stockholders' Equity/Partners' Capital - USD ($)
$ in Millions
Total
Interest rate swap 1
Interest rate swap 2
Partners’ Capital
Common Stock
Class A common stock
Common Stock
Class B common stock
Additional Paid In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Interest rate swap 1
Accumulated Other Comprehensive Income (Loss)
Interest rate swap 2
Retained Earnings
Non-Controlling Interests
Non-Controlling Interests
Interest rate swap 1
Non-Controlling Interests
Interest rate swap 2
Beginning balance at Feb. 03, 2019 $ 1,051     $ 1,051                    
Partners' Capital                            
Equity-based compensation 4     4                    
Net income 36     36                    
Net interest rate swap gain (loss), net of tax (9)     (9)                    
Distributions to partners (311)     (311)                    
Ending balance at Feb. 02, 2020 771     771                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income 36                          
Net interest rate swap gain (loss), net of tax (10)                          
Equity investment from partners 1     1                    
Equity-based compensation 4     4                    
Net income 37     37                    
Net interest rate swap gain (loss), net of tax 3     3                    
Distributions to partners (15)     (15)                    
Ending balance at Jan. 31, 2021 801     801                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income 37                          
Net interest rate swap gain (loss), net of tax 3                          
Equity-based compensation 15     15                    
Net income 74     74                    
Net interest rate swap gain (loss), net of tax 4     4                    
Distributions to partners (23)     (23)                    
Ending balance at Jul. 22, 2021 871     871                    
Beginning balance at Jan. 31, 2021 801     801                    
Partners' Capital                            
Net income [1] 166                          
Ending balance at Jan. 30, 2022       0                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income 225                          
Net interest rate swap gain (loss), net of tax 34                          
Ending balance (in shares) at Jan. 30, 2022         167,522,403 78,398,141                
Ending balance at Jan. 30, 2022 1,831       $ 2 $ 1 $ 1,214 $ 16     $ 92 $ 506    
Beginning balance at Jul. 22, 2021 871     871                    
Partners' Capital                            
Net income 92                          
Ending balance at Jan. 30, 2022       0                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Reclassification of partners’ capital 0     $ (871)     871              
Reorganization transactions (in shares)         119,950,882 85,853,383                
Reorganization transactions 0       $ 1 $ 1 (2)              
Reclassification of non-controlling interests upon reorganization 0           (300) (2)       302    
Issuance of Class A Shares, net of issuance costs (in shares)         40,116,279                  
Issuance of Class A Shares, net of issuance costs 756       $ 1   755              
Adjustment of deferred tax liability associated with Core & Main investment in Core & Main Holdings, LP 200           200              
Net income 151                   92 59    
Equity-based compensation 10           7         3    
Net interest rate swap gain (loss), net of tax   $ 4 $ 26           $ 2 $ 16     $ 2 $ 10
Distributions to non-controlling interest holders (34)                     (34)    
Exchange of Partnership Interests for Class A Shares (in shares)         7,455,242 (7,455,242)                
Exchange of Partnership Interests for Class A Shares 0           49         (49)    
Impact of Tax Receivable Agreements (153)           (153)              
Non-controlling interests adjustment for purchase of Partnership Interests and vesting of Core & Main Holdings, LP Partnership Interests held by non-controlling interests 0           (213)         213    
Ending balance (in shares) at Jan. 30, 2022         167,522,403 78,398,141                
Ending balance at Jan. 30, 2022 $ 1,831       $ 2 $ 1 $ 1,214 $ 16     $ 92 $ 506    
[1] For the fiscal year ended January 30, 2022, the net income attributable to Core & Main, Inc. includes net income prior to the Reorganization Transactions of $74 million and net income subsequent to the Reorganization Transactions of $92 million. Refer to the Statements of Changes in Stockholders’ Equity/Partners’ Capital for a summary of net income attributable to Core & Main, Inc. subsequent to the Reorganization Transactions. See Note 1 for a description of the Basis of Presentation of the consolidated financial statements.