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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
May 05, 2018
Apr. 29, 2017
Operating activities    
Net income $ 75 $ 66 [1]
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 243 238 [1]
Share-based compensation 30 10 [1]
Deferred income taxes (12) 13 [1]
Loss on extinguishment of debt 42  
Other non-cash revenues and expenses 2 (12) [1]
Changes in operating assets and liabilities:    
Merchandise inventories (181) (193) [1]
Accrued and other long-term liabilities (107) (117) [1]
Accounts payable 183 (27) [1]
Other current and long-term assets 68 42 [1]
Income taxes 44 26 [1]
Net cash provided by operating activities 387 46 [1]
Investing activities    
Acquisition of property and equipment (133) (216) [1]
Other [1]   13
Net cash used in investing activities (133) (203) [1]
Financing activities    
Treasury stock purchases (70) (156) [1]
Shares withheld for taxes on vested restricted shares (17) (10) [1]
Dividends paid (101) (94) [1]
Reduction of long-term borrowings (500)  
Premium paid on redemption of debt (35)  
Capital lease and financing obligation activity (33) (32) [1]
Proceeds from stock option exercises 16  
Net cash used in financing activities (740) (292) [1]
Net decrease in cash and cash equivalents (486) (449) [1]
Cash at beginning of period [1] 1,308 1,074
Cash at end of period 822 625 [1]
Supplemental information    
Interest paid, net of capitalized interest 58 46 [1]
Income taxes paid $ 15 5 [1]
Non-cash investing and financing activities    
Property and equipment acquired through additional liabilities [1]   $ 13
[1] Refer to Note 2 for details on the adoption of the new revenue recognition accounting standard and the impact on previously reported results.