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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Feb. 03, 2018
Jan. 28, 2017
Jan. 30, 2016
Operating activities      
Net income $ 859 $ 556 $ 673
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 991 938 934
Share-based compensation 55 41 48
Deferred income taxes (61) 13 (38)
Other non-cash expenses, net 2 30 24
Impairments, store closing and other costs 0 57 0
Loss on extinguishment of debt 0 0 169
Changes in operating assets and liabilities:      
Merchandise inventories 264 249 (215)
Other current and long-term assets (83) (45) 43
Accounts payable (236) 256 (260)
Accrued and other long-term liabilities (50) 81 53
Income taxes (50) (23) 53
Net cash provided by operating activities 1,691 2,153 1,484
Investing activities      
Acquisition of property and equipment (672) (768) (690)
Other 23 12 9
Net cash used in investing activities (649) (756) (681)
Financing activities      
Treasury stock purchases (306) (557) (1,001)
Shares withheld for taxes on vested restricted shares (14) (17) (27)
Dividends paid (368) (358) (349)
Debt refinancing, net 0 0 (160)
Capital lease and financing obligation payments (138) (127) (114)
Proceeds from stock option exercises 18 18 147
Proceeds from financing obligations 0 11 1
Net cash used in financing activities (808) (1,030) (1,503)
Net increase (decrease) in cash and cash equivalents 234 367 (700)
Cash and cash equivalents at beginning of period 1,074 707 1,407
Cash and cash equivalents at end of period 1,308 1,074 707
Supplemental information      
Interest paid, net of capitalized interest 297 299 318
Income taxes paid 272 314 372
Non-cash investing and financing activities      
Property and equipment acquired through additional liabilities $ 42 $ 54 $ 63