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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jan. 28, 2017
Jan. 30, 2016
Jan. 31, 2015
Operating Activities      
Net earnings $ 354 $ 600 $ 720
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization expenses 645 576 508
Goodwill impairment 197 0 0
Amortization of deferred property incentives and other, net (75) (79) (76)
Deferred income taxes, net (15) 142 7
Stock-based compensation expense 91 70 68
Tax (deficiency) benefit from stock-based compensation (1) 15 20
Excess tax benefit from stock-based compensation (5) (15) (22)
Bad debt expense 0 26 41
Change in operating assets and liabilities:      
Accounts receivable (3) (56) (161)
Proceeds from sale of credit card receivables originated at Nordstrom 0 1,297 0
Merchandise inventories 31 (203) (176)
Prepaid expenses and other assets 100 (126) (4)
Accounts payable 16 (2) 15
Accrued salaries, wages and related benefits 33 (2) 18
Other current liabilities 181 50 155
Deferred property incentives 65 156 110
Other liabilities 34 2 (3)
Net cash provided by operating activities 1,648 2,451 1,220
Investing Activities      
Capital expenditures (846) (1,082) (861)
Change in credit card receivables originated at third parties 0 34 (8)
Proceeds from sale of credit card receivables originated at third parties 0 890 0
Other, net 55 14 (20)
Net cash used in investing activities (791) (144) (889)
Financing Activities      
Proceeds from long-term borrowings, net of discounts 0 16 34
Principal payments on long-term borrowings (10) (8) (7)
Defeasance of long-term debt 0 (339) 0
Increase (decrease) in cash book overdrafts 4 23 (4)
Cash dividends paid (256) (1,185) (251)
Payments for repurchase of common stock (277) (1,192) (610)
Proceeds from issuances under stock compensation plans 83 94 141
Excess tax benefit from stock-based compensation 5 15 22
Other, net 6 37 (23)
Net cash used in financing activities (445) (2,539) (698)
Net increase (decrease) in cash and cash equivalents 412 (232) (367)
Cash and cash equivalents at beginning of year 595 827 1,194
Cash and cash equivalents at end of year 1,007 595 827
Cash paid during the year for:      
Income taxes, net of refunds 112 383 391
Interest, net of capitalized interest 134 136 152
Non-cash investing and financing activities:      
Beneficial interest asset acquired from the sale of credit card receivables 0 62 0
Issuance of common stock for Trunk Club acquisition $ 0 $ 23 $ 280