XML 19 R8.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Oct. 29, 2023
Oct. 30, 2022
Adjustments to reconcile net cash from operating activities:    
Depreciation and amortization $ 114 $ 110
Equity-based compensation expense 8 9
Other 11 (10)
Changes in assets and liabilities:    
(Increase) decrease in receivables (236) (373)
(Increase) decrease in inventories 256 (255)
(Increase) decrease in other assets 1 (10)
Increase (decrease) in accounts payable 157 84
Increase (decrease) in accrued liabilities 8 42
Increase (decrease) in other liabilities 1 0
Cash Flows From Investing Activities:    
Capital expenditures (34) (20)
Acquisitions of businesses, net of cash acquired (151) (114)
Proceeds from the sale of property and equipment 3 1
Cash Flows From Financing Activities:    
Repurchase and retirement of partnership interests (618) 0
Distributions to non-controlling interest holders (33) (39)
Payments pursuant to Tax Receivable Agreements (5) 0
Borrowings on asset-based revolving credit facility 235 244
Repayments on asset-based revolving credit facility (235) (154)
Repayments of long-term debt (11) (11)
Debt issuance costs 0 (2)
Other (2) 0
Net income 455 497
Net cash provided by operating activities 775 94
Net cash used in investing activities (182) (133)
Net cash (used in) provided by financing activities (669) 38
Decrease in cash and cash equivalents (76) (1)
Cash and cash equivalents at the beginning of the period 177 1
Cash and cash equivalents at the end of the period 101 0
Cash paid for interest (excluding effects of interest rate swap) 89 47
Cash paid for taxes $ 82 $ 107