XML 18 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED AND CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Nov. 02, 2018
Nov. 03, 2017
Cash flows from operating activities:    
Net income $ 146,000,000 $ 128,000,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 33,000,000 33,000,000
Stock-based compensation expense 24,000,000 21,000,000
Loss on extinguishment of debt 4,000,000 0
Provision for inventory 25,000,000 0
Increase (decrease) resulting from changes in operating assets and liabilities:    
Receivables (86,000,000) (178,000,000)
Inventory, prepaid expenses and other current assets (5,000,000) 17,000,000
Other assets (9,000,000) 1,000,000
Accounts payable and accrued liabilities (47,000,000) 62,000,000
Accrued payroll and employee benefits 69,000,000 45,000,000
Other long-term liabilities 8,000,000 4,000,000
Net cash provided by operating activities 162,000,000 133,000,000
Cash flows from investing activities:    
Expenditures for property, plant, and equipment (24,000,000) (15,000,000)
Other 1,000,000 0
Net cash used in investing activities (23,000,000) (15,000,000)
Cash flows from financing activities:    
Dividend payments to stockholders (40,000,000) (40,000,000)
Principal payments on borrowings (776,000,000) (42,000,000)
Issuances of stock 5,000,000 4,000,000
Stock repurchased and retired or withheld for taxes on equity awards (56,000,000) (148,000,000)
Disbursements for obligations assumed from Scitor acquisition 0 (2,000,000)
Proceeds from borrowings 791,000,000 25,000,000
Debt issuance costs (13,000,000) 0
Net cash used in financing activities (89,000,000) (203,000,000)
Net increase (decrease) in cash, cash equivalents and restricted cash 50,000,000 (85,000,000)
Cash, cash equivalents and restricted cash at beginning of period 152,000,000 218,000,000
Cash, cash equivalents and restricted cash at end of period (Note 1) $ 202,000,000 $ 133,000,000