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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jan. 31, 2026
Feb. 01, 2025
Feb. 03, 2024
Operating activities      
Net earnings $ 1,069 $ 927 $ 1,241
Adjustments to reconcile net earnings to total cash provided by operating activities:      
Depreciation and amortization 831 866 923
Restructuring charges 190 (3) 153
Goodwill and intangible asset impairments 171 475 0
Stock-based compensation 139 139 145
Deferred income taxes 60 (59) (214)
Gain on sale of subsidiary, net 6 0 (21)
Long-lived asset impairments 21 2 2
Other, net 14 10 24
Changes in operating assets and liabilities:      
Receivables (3) (111) 204
Merchandise inventories (126) (155) 178
Other assets 34 11 (18)
Accounts payable (238) 358 (1,025)
Income taxes (7) (212) 52
Other liabilities (199) (150) (174)
Total cash provided by operating activities 1,962 2,098 1,470
Investing activities      
Additions to property and equipment (704) (706) (795)
Purchases of investments (1) (26) (9)
Disposal of subsidiary (27) 0 14
Sales of investments 0 20 7
Other, net 2 8 2
Total cash used in investing activities (730) (704) (781)
Financing activities      
Repurchase of common stock (273) (500) (340)
Issuance of common stock 5 17 19
Dividends paid (801) (807) (801)
Repayments of debt (13) (17) (19)
Other, net (1) (2) (3)
Total cash used in financing activities (1,083) (1,309) (1,144)
Effect of exchange rate changes on cash 6 (10) (5)
Increase (decrease) in cash, cash equivalents and restricted cash 155 75 (460)
Cash, cash equivalents and restricted cash at beginning of period 1,868 1,793 2,253
Cash, cash equivalents and restricted cash at end of period 2,023 1,868 1,793
Supplemental cash flow information      
Income taxes paid (includes payments for purchased tax credits of $150 million, $267 million and $103 million, respectively) 284 643 543
Interest paid $ 44 $ 46 $ 51