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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jan. 31, 2026
Feb. 01, 2025
Feb. 03, 2024
Cash flows from operating activities:      
Net income $ 642 $ 582 $ 45
Adjustments to reconcile net income to net cash provided by operating activities:      
Impairment, restructuring and other costs 230 171 1,027
Pension settlement charges 67 46 134
Depreciation and amortization 894 881 897
Benefit plans 2 2 4
Stock-based compensation expense 59 58 47
Gains on sale of real estate (48) (144) (61)
Deferred income taxes 62 (52) (244)
Amortization of financing costs and premium on acquired debt 8 11 10
Changes in assets and liabilities:      
(Increase) decrease in receivables (325) 2 7
Decrease (increase) in merchandise inventories 51 (51) (99)
(Increase) decrease in prepaid expenses and other current assets (13) 11 18
Decrease in merchandise accounts payable (74) (11) (113)
Decrease in accounts payable and accrued liabilities (83) (49) (266)
Increase (decrease) in current income taxes 77 (69) 3
Change in other assets and liabilities (119) (110) (104)
Net cash provided by operating activities 1,430 1,278 1,305
Cash flows from investing activities:      
Purchase of property and equipment (373) (518) (631)
Capitalized software (367) (364) (362)
Proceeds from disposition of assets, net 107 283 86
Other, net (6) 7 (6)
Net cash used by investing activities (639) (592) (913)
Cash flows from financing activities:      
Debt issued 500 301 961
Debt issuance costs (13) (1) (1)
Debt repaid (846) (524) (963)
Debt repurchase premium and expenses (27) 1 0
Dividends paid (197) (192) (181)
Increase (decrease) in outstanding checks (19) 3 2
Acquisition of treasury stock (250) (1) (38)
Net cash used by financing activities (852) (413) (220)
Net (decrease) increase in cash, cash equivalents and restricted cash (61) 273 172
Cash, cash equivalents and restricted cash beginning of period 1,310 1,037 865
Cash, cash equivalents and restricted cash end of period 1,249 1,310 1,037
Supplemental cash flow information:      
Interest paid 167 155 157
Interest received 42 40 38
Restricted cash, end of period $ 3 $ 4 $ 3