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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 Jan. 31, 2021 $ 801     $ 801                    
Partners' Capital                            
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 and Class B Shares for Class A Shares (in shares)         7,455,242 (7,455,242)                
Exchange of Partnership Interests for Class A Shares 0           49         (49)    
Establishment of Tax Receivable Agreement Liabilities (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    
Partners' Capital                            
Net income 366                          
Ending balance at Jan. 29, 2023       0                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Adjustment of deferred tax liability associated with Core & Main investment in Core & Main Holdings, LP 30           30              
Net income 581                   366 215    
Equity-based compensation 11           8         3    
Net interest rate swap gain (loss), net of tax 44             27       17    
Distributions to non-controlling interest holders (54)           (6)         (48)    
Exchange of Partnership Interests and Class B Shares for Class A Shares (in shares)         5,132,134 (5,133,763)                
Exchange of Partnership Interests for Class A Shares 0           40 2       (42)    
Establishment of Tax Receivable Agreement Liabilities (34)           $ (34)              
Activity under equity-based compensation plans, net of tax withholdings         110,644   1,000,000              
Activity under equity-based compensation plans, net of tax withholdings 1                          
Forfeiture of Class A Shares and Partnership Interests (in shares)         (20) (34,703)                
Forfeiture of Class A Shares and Partnership Interests 0                          
Non-controlling interests adjustment for purchase of Partnership Interests and vesting of Core & Main Holdings, LP Partnership Interests held by non-controlling interests 0           $ (12)         12    
Ending balance (in shares) at Jan. 29, 2023         172,765,161 73,229,675                
Ending balance at Jan. 29, 2023 2,410       $ 2 $ 1 1,241 45     458 663    
Partners' Capital                            
Net income 371                          
Ending balance at Jan. 28, 2024       $ 0                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Adjustment of deferred tax liability associated with Core & Main investment in Core & Main Holdings, LP 515           515              
Net income 531                   371 160    
Equity-based compensation 10           8         2    
Net interest rate swap gain (loss), net of tax (22)             (18)       (4)    
Distributions to non-controlling interest holders (42)           (5)         (37)    
Repurchased and Retirement of Class A and Class B shares and corresponding Partnership Interest (in shares) During Period, Shares         (28,131,551) (16,868,449)                
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest 1,344           324       640 380    
Exchange of Partnership Interests and Class B Shares for Class A Shares (in shares)         46,683,021 (46,731,040)                
Exchange of Partnership Interests for Class A Shares 0         $ (1) 313 19       (331)    
Establishment of Tax Receivable Agreement Liabilities (537)           $ (537)              
Activity under equity-based compensation plans, net of tax withholdings         346,977   3,000,000              
Activity under equity-based compensation plans, net of tax withholdings 3                          
Ending balance (in shares) at Jan. 28, 2024         191,663,608 9,630,186                
Ending balance at Jan. 28, 2024 $ 1,524       $ 2 $ 0 $ 1,214 $ 46     $ 189 $ 73    
[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.