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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Aug. 03, 2025
Jul. 28, 2024
Cash Flows From Operating Activities:    
Net income $ 246 $ 227
Adjustments to reconcile net cash from operating activities:    
Depreciation and amortization 96 95
Equity-based compensation expense 10 7
Deferred income tax expense 7 5
Other 7 7
Changes in assets and liabilities:    
(Increase) decrease in receivables (300) (263)
(Increase) decrease in inventories (152) (105)
(Increase) decrease in other assets (5) (14)
Increase (decrease) in accounts payable 196 203
Increase (decrease) in accrued liabilities 6 (36)
Cash Flows From Investing Activities:    
Capital expenditures (23) (16)
Acquisitions of businesses, net of cash acquired 0 (596)
Other (5) (6)
Cash Flows From Financing Activities:    
Repurchase and retirement of equity interests (47) (21)
Distributions to non-controlling interest holders (4) (7)
Payments pursuant to Tax Receivable Agreements (18) (11)
Borrowings on asset-based revolving credit facility 100 605
Repayments on asset-based revolving credit facility (93) (785)
Issuance of long-term debt 0 750
Repayments of long-term debt (12) (11)
Payment of contingent consideration 0 (14)
Other 8 (2)
Net cash provided by operating activities 111 126
Net cash used in investing activities (28) (618)
Net cash (used in) provided by financing activities (66) 504
Increase in cash and cash equivalents 17 12
Cash and cash equivalents at the beginning of the period 8 1
Cash and cash equivalents at the end of the period 25 13
Cash paid for interest (excluding effects of interest rate swap) 49 95
Cash paid for income taxes $ 69 $ 84