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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
6 Months Ended
Jan. 29, 2022
Jan. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income including noncontrolling interests $ 145 $ 61
Income from discontinued operations, net of tax 0 3
Net income from continuing operations 145 58
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 138 144
Share-based compensation 23 23
Loss on sale of assets (1) 0
Closed property and other restructuring charges 1 3
Net pension and other postretirement benefit income (20) (34)
Deferred income tax benefit 0 (1)
LIFO charge 30 13
Provision (recoveries) for losses on receivables 1 (4)
Non-cash interest expense and other adjustments 15 39
Changes in operating assets and liabilities (291) (34)
Net cash provided by operating activities 43 207
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for capital expenditures (106) (92)
Proceeds from dispositions of assets 3 41
Payments for investments (26) 0
Net cash used in investing activities of continuing operations (129) (51)
Net cash provided by investing activities of discontinued operations 0 1
Net cash used in investing activities (129) (50)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings of long-term debt 0 500
Proceeds from borrowings under revolving credit line 2,521 2,666
Repayments of borrowings under revolving credit line (2,232) (2,538)
Repayments of long-term debt and finance leases (168) (769)
Proceeds from the issuance of common stock and exercise of stock options 9 0
Payment of employee restricted stock tax withholdings (35) (10)
Payments for debt issuance costs (1) (10)
Distributions to noncontrolling interests (3) (1)
Other 0 (1)
Net cash provided by (used in) financing activities 91 (163)
EFFECT OF EXCHANGE RATE ON CASH 0 0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 5 (6)
Cash and cash equivalents, at beginning of period 40 47
Cash and cash equivalents, at end of period 45 41
Supplemental disclosures of cash flow information:    
Cash paid for interest 67 75
Cash payments for federal, state, and foreign income taxes, net 0 43
Leased assets obtained in exchange for new operating lease liabilities 123 117
Leased assets obtained in exchange for new finance lease liabilities 1 0
Additions of property and equipment included in Accounts payable $ 16 $ 31