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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Apr. 29, 2023
Apr. 30, 2022
From operating activities:    
Net income $ 36 $ 132
Adjustments to reconcile net income to net cash from operating activities:    
Non-cash impairment and other 18 3
Fair value adjustments to minority investments 0 25
Depreciation and amortization 51 54
Deferred income taxes (4) 3
Share-based compensation expense 2 7
Change in assets and liabilities:    
Merchandise inventories (117) (150)
Accounts payable (16) (25)
Accrued and other liabilities (87) (80)
Other, net (1) 10
Net cash used in operating activities (118) (21) Close
From investing activities:    
Capital expenditures (59) (95)
Purchase of business, net of cash acquired 0 (7)
Minority investments 0 (3)
Net cash used in investing activities (59) (105) Close
From financing activities:    
Dividends paid on common stock (38) (38)
Purchase of treasury shares 0 (89)
Payment of obligations under finance leases (2) (2)
Shares of common stock repurchased to satisfy tax withholding obligations (10) (1)
Proceeds from exercise of stock options 4 2
Net cash used in financing activities (46) (128) Close
Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash 0 (1) Close
Net change in cash, cash equivalents, and restricted cash (223) (255) Close
Cash, cash equivalents, and restricted cash at beginning of year 582 850
Cash, cash equivalents, and restricted cash at end of period 359 595
Supplemental information:    
Interest paid 8 8
Income taxes paid 23 18
Cash paid for amounts included in measurement of operating lease liabilities 170 174
Cash paid for amounts included in measurement of finance lease liabilities 2 2
Right-of-use assets obtained in exchange for operating lease obligations $ 34 $ 138