XML 26 R8.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Aug. 01, 2015
Aug. 02, 2014
Operating Activities    
Net earnings $ 339 $ 323
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization expenses 277 244
Amortization of deferred property incentives and other, net (41) (40)
Deferred income taxes, net (24) (43)
Stock-based compensation expense 41 31
Tax benefit from stock-based compensation 13 10
Excess tax benefit from stock-based compensation (13) (11)
Bad debt expense 20 22
Credit transaction and other, net (54) 0
Change in operating assets and liabilities:    
Accounts receivable (216) (221)
Merchandise inventories (280) (263)
Prepaid expenses and other assets (19) (11)
Accounts payable 240 241
Accrued salaries, wages and related benefits (30) (35)
Other current liabilities 56 68
Deferred property incentives 97 48
Other liabilities 9 6
Net cash provided by operating activities 415 369
Investing Activities    
Capital expenditures (521) (376)
Change in credit card receivables originated at third parties (64) (77)
Other, net 4 (9)
Net cash used in investing activities (581) (462)
Financing Activities    
Proceeds from long-term borrowings, net of discounts 16 13
Principal payments on long-term borrowings (4) (4)
Increase in cash book overdrafts 49 15
Cash dividends paid (142) (125)
Payments for repurchase of common stock (267) (326)
Proceeds from issuances under stock compensation plans 71 91
Excess tax benefit from stock-based compensation 13 11
Other, net 26 (4)
Net cash used in financing activities (238) (329)
Net decrease in cash and cash equivalents (404) (422)
Cash and cash equivalents at beginning of period 827 1,194
Cash and cash equivalents at end of period 423 772
Cash paid during the period for:    
Income taxes, net of refunds 209 219
Interest, net of capitalized interest 70 78
Non-cash activities:    
Accounts receivable reclassified from held for investment to held for sale $ 2,391 $ 0