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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Aug. 02, 2025
Aug. 03, 2024
Cash flows from operating activities:    
Net income $ 124 $ 212
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment, restructuring and other costs 30 19
Depreciation and amortization 437 429
Stock-based compensation expense 28 28
Gains on sale of real estate (32) (37)
Benefit plans 1 1
Amortization of financing costs and premium on acquired debt 6 5
Deferred income taxes (1) (35)
Changes in assets and liabilities:    
Decrease in receivables 92 25
Decrease in merchandise inventories 123 39
Increase in prepaid expenses and other current assets (54) (10)
Decrease in merchandise accounts payable (35) (32)
Decrease in accounts payable and accrued liabilities (405) (369)
Increase (decrease) in current income taxes 9 (88)
Change in other assets and liabilities (68) (50)
Net cash provided by operating activities 255 137
Cash flows from investing activities:    
Purchase of property and equipment (179) (271)
Capitalized software (164) (161)
Proceeds from disposition of assets, net 75 51
Other, net 6 8
Net cash used by investing activities (262) (373)
Cash flows from financing activities:    
Debt issued 500 0
Debt issuance costs (13) 0
Debt repaid (651) (1)
Debt repurchase premium and expenses (11) 0
Dividends paid (100) (96)
Decrease in outstanding checks (47) (55)
Acquisition of treasury stock (149) 0
Net cash used by financing activities (471) (152)
Net decrease in cash, cash equivalents and restricted cash (478) (388)
Cash, cash equivalents and restricted cash beginning of period 1,310 1,037
Cash, cash equivalents and restricted cash end of period 832 649
Supplemental cash flow information:    
Interest paid 113 79
Interest received 27 22
Income taxes paid, net of refunds received 50 203
Restricted cash, end of period $ 3 $ 3