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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Aug. 03, 2024
Jul. 29, 2023
From operating activities:    
Net (loss) income $ (4) $ 31
Adjustments to reconcile net (loss) income to net cash from operating activities:    
Non-cash impairment and other 16 21
Depreciation and amortization 102 101
Deferred income taxes (29) (3)
Share-based compensation expense 13 4
Gain on sales of businesses 0 (2)
Change in assets and liabilities:    
Merchandise inventories (143) (194)
Accounts payable 123 23
Accrued and other liabilities 31 (97)
Other, net 17 (68)
Net cash provided by (used in) operating activities 126 (184)
From investing activities:    
Capital expenditures (132) (105)
Minority investments (1) (1)
Proceeds from sales of businesses 0 10
Net cash used in investing activities (133) (96)
From financing activities:    
Payment of debt issuance costs (4) 0
Dividends paid on common stock 0 (75)
Shares of common stock repurchased to satisfy tax withholding obligations (5) (10)
Payment of obligations under finance leases (3) (3)
Proceeds from exercise of stock options 5 5
Treasury stock reissued under employee stock plan 2 3
Net cash used in financing activities (5) (80)
Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash 0 3
Net change in cash, cash equivalents, and restricted cash (12) (357)
Cash, cash equivalents, and restricted cash at beginning of year 334 582
Cash, cash equivalents, and restricted cash at end of period 322 225
Supplemental information:    
Interest paid 12 9
Income taxes paid 35 75
Cash paid for amounts included in measurement of operating lease liabilities 339 344
Cash paid for amounts included in measurement of finance lease liabilities 4 4
Right-of-use assets obtained in exchange for operating lease obligations 263 89
Assets obtained in exchange for finance lease obligations $ 1 $ 0