XML 104 R88.htm IDEA: XBRL DOCUMENT v3.23.1
Schedule I — Condensed Financial Information of Parent - Condensed Statement of Operations and Comprehensive Income (Details) - USD ($)
$ in Millions
6 Months Ended 10 Months Ended 12 Months Ended
Jan. 30, 2022
Jul. 22, 2021
Jan. 30, 2022
Jan. 29, 2023
Jan. 30, 2022
Jan. 31, 2021
Condensed Statement of Income Captions [Line Items]            
Income before provision for income taxes       $ 709 $ 276 $ 46
Provision for income taxes       128 51 9
Net income $ 92 $ 74   366 166 [1] 37
Net interest rate swap gain, net of tax (expense) of $(9) and $(5)       44 34 3
Comprehensive income       393 188  
Other comprehensive income (loss), cash Flow hedge, gain (loss), after reclassification, tax       (9) 6 $ (1)
Parent Company            
Condensed Statement of Income Captions [Line Items]            
Equity in net income of subsidiary     $ 119 486    
Income before provision for income taxes     119 486    
Provision for income taxes     27 120    
Net income     92 366    
Net interest rate swap gain, net of tax (expense) of $(9) and $(5)     18 27    
Comprehensive income     $ 110 393    
Other comprehensive income (loss), cash Flow hedge, gain (loss), after reclassification, tax       $ (9) $ (5)  
[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 (as defined in Note 1) 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.