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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Aug. 01, 2015
Aug. 02, 2014
From Operating Activities:    
Net income $ 303 $ 254
Adjustments to reconcile net income to net cash provided by operating activities:    
Non-cash impairment charge 0 3
Depreciation and amortization 71 72
Share-based compensation expense 11 12
Qualified pension plan contributions 0 (2)
Excess tax benefits on share-based compensation (24) (9)
Change in assets and liabilities:    
Merchandise inventories (75) (115)
Accounts payable 61 130
Accrued and other liabilities (16) 4
Other, net 3 13
Net cash provided by operating activities 334 362
From Investing Activities:    
Capital expenditures (116) (93)
Sales and maturities of short-term investments 0 9
Net cash used in investing activities (116) (84)
From Financing Activities:    
Purchase of treasury shares (205) (136)
Dividends paid on common stock (70) (64)
Issuance of common stock 38 13
Treasury stock issued under employee stock purchase plan 5 5
Excess tax benefits on share-based compensation 24 9
Repayments of obligations under capital leases (1) (2)
Net cash used in financing activities (209) (175)
Effect of exchange rate fluctuations on Cash and Cash Equivalents (6) (4)
Net change in Cash and Cash Equivalents 3 99
Cash and Cash Equivalents at beginning of year 967 [1] 858
Cash and Cash Equivalents at end of interim period 970 957
Cash paid during the period:    
Interest 5 5
Income taxes $ 178 $ 155
[1] The balance sheet at January 31, 2015 has been derived from the previously reported audited financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in Foot Locker, Inc.'s Annual Report on Form 10-K for the year ended January 31, 2015.