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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Oct. 31, 2020
Nov. 02, 2019
Operating activities    
Net (loss) income $ (506) $ 426
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 656 687
Share-based compensation 26 47
Deferred income taxes (181) 45
Impairments, store closing, and other costs 49 45
(Gain) on sale of real estate (127)  
(Gain) loss on extinguishment of debt   (9)
Non-cash inventory costs 187  
Non-cash lease expense 111 112
Other non-cash expense (income) 15 (3)
Changes in operating assets and liabilities:    
Merchandise inventories (251) (1,405)
Other current and long-term assets 54 34
Accounts payable 978 1,266
Accrued and other long-term liabilities 159 (26)
Income taxes (147) (49)
Operating lease liabilities (113) (125)
Net cash provided by operating activities 910 1,045
Investing activities    
Acquisition of property and equipment (264) (678)
Proceeds from sale of real estate 194  
Other   8
Net cash used in investing activities (70) (670)
Financing activities    
Proceeds from issuance of debt 2,097  
Deferred financing costs (19)  
Treasury stock purchases (8) (387)
Shares withheld for taxes on vested restricted shares (21) (32)
Dividends paid (108) (319)
Reduction of long-term borrowings (1,497) (6)
Finance lease and financing obligation payments (72) (88)
Proceeds from stock option exercises   2
Proceeds from financing obligations 4 11
Net cash provided by (used in) financing activities 376 (819)
Net increase (decrease) in cash and cash equivalents 1,216 (444)
Cash and cash equivalents at beginning of period 723 934
Cash and cash equivalents at end of period 1,939 490
Supplemental information    
Interest paid, net of capitalized interest 159 131
Income taxes paid 138 154
Property and equipment acquired through:    
Finance lease liabilities 118 163
Operating lease liabilities $ 140 $ 103