XML 56 R5.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Cash Flow Statement Statement - USD ($)
$ in Millions
6 Months Ended
Aug. 01, 2015
Aug. 02, 2014
Operating Activities:    
Net income $ 95 $ 178
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 198 200
Amortization of intangibles 34 30
Gain on sale of businesses and assets, net (3) (22)
Impairment of long-lived assets 23 27
Inventory write-downs related to restructuring activities 0 16
Stock-based compensation 34 37
Excess tax benefits from stock-based compensation arrangements (4) 0
Deferred income tax expense (benefit) 1 (11)
Other 4 7
Changes in assets and liabilities:    
Decrease in receivables 51 13
Increase in merchandise inventories (231) (219)
Increase in prepaid expenses and other assets (57) (71)
Increase in accounts payable 277 163
Decrease in accrued expenses and other liabilities (126) (43)
Increase in other long-term obligations 4 0
Net cash provided by operating activities 300 304
Investing Activities:    
Acquisition of property and equipment (138) (110)
Proceeds from the sale of property and equipment 8 3
Sale of businesses, net 0 50
Acquisition of businesses, net of cash acquired (21) (68)
Net cash used in investing activities (151) (124)
Financing Activities:    
Proceeds from the exercise of stock options and sale of stock under employee stock purchase plans 23 20
Proceeds from borrowings 3 13
Payments on borrowings, including payment of deferred financing fees (14) (14)
Cash dividends paid (153) (154)
Excess tax benefits from stock-based compensation arrangements 4 0
Repurchase of common stock (21) (126)
Net cash used in financing activities (158) (261)
Effect of exchange rate changes on cash and cash equivalents (7) (2)
Net decrease in cash and cash equivalents (16) (83)
Cash and cash equivalents at beginning of period 627 493
Cash and cash equivalents at end of period 611 409
Add: Cash and cash equivalents attributed to disposal group held for sale at February 1, 2014 0 8
Cash and cash equivalents at the end of the period $ 611 $ 417