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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Aug. 01, 2015
Aug. 02, 2014
Net income (loss) $ 410 $ 516
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 520 507
Stock-based compensation expense 47 38
Amortization of financing costs and premium on acquired debt (2) (3)
Changes in assets and liabilities:    
Decrease in receivables 92 86
(Increase) decrease in merchandise inventories (77) 141
Increase in prepaid expenses and other current assets (29) (14)
Increase in other assets not separately identified 0 (31)
Increase in merchandise accounts payable 340 276
Decrease in accounts payable, accrued liabilities and other items not separately identified (625) (531)
Decrease in current income taxes (232) (242)
Increase (decrease) in deferred income taxes (20) 2
Decrease in other liabilities not separately identified (26) (9)
Net cash provided (used) by operating activities 398 736
Cash flows from investing activities:    
Purchase of property and equipment (367) (335)
Capitalized software (144) (116)
Acquisition of Bluemercury, Inc., net of cash acquired (212) 0
Disposition of property and equipment 4 24
Other, net 104 49
Net cash used by investing activities (615) (378)
Cash flows from financing activities:    
Debt issued 0 500
Financing costs 0 (4)
Debt repaid (72) (459)
Dividends paid (227) (204)
Decrease in outstanding checks (136) (61)
Acquisition of treasury stock (909) (922)
Issuance of common stock 158 149
Net cash provided (used) by financing activities (1,186) (1,001)
Net increase (decrease) in cash and cash equivalents (1,403) (643)
Cash and cash equivalents beginning of period 2,246 2,273
Cash and cash equivalents end of period 843 1,630
Supplemental cash flow information:    
Interest paid 194 202
Interest received 1 1
Income taxes paid (net of refunds received) $ 450 $ 495