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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jul. 30, 2016
Aug. 01, 2015
Net income (loss) $ 124 $ 410
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairments and other costs 249 0
Settlement charges 19 0
Depreciation and amortization 520 520
Stock-based compensation expense 37 47
Amortization of financing costs and premium on acquired debt (1) (2)
Changes in assets and liabilities:    
Decrease in receivables 99 92
(Increase) decrease in merchandise inventories 184 (50)
Increase in prepaid expenses and other current assets (40) (29)
Increase in other assets not separately identified 0 0
Increase in merchandise accounts payable 307 314
Decrease in accounts payable, accrued liabilities and other items not separately identified (686) (626)
Decrease in current income taxes (204) (232)
Decrease in deferred income taxes (26) (20)
Decrease in other liabilities not separately identified (22) (26)
Net cash provided (used) by operating activities 560 398
Cash flows from investing activities:    
Purchase of property and equipment (293) (367)
Capitalized software (151) (144)
Acquisition of Bluemercury, Inc., net of cash acquired 0 (212)
Disposition of property and equipment 67 4
Other, net 39 104
Net cash used by investing activities (338) (615)
Cash flows from financing activities:    
Debt repaid (3) (72)
Financing costs 3 0
Dividends paid (228) (227)
Increase (decrease) in outstanding checks 2 (136)
Acquisition of treasury stock (130) (909)
Issuance of common stock 27 158
Proceeds from noncontrolling interest 4 0
Net cash provided (used) by financing activities (331) (1,186)
Net increase (decrease) in cash and cash equivalents (109) (1,403)
Cash and cash equivalents beginning of period 1,109 2,246
Cash and cash equivalents end of period 1,000 843
Supplemental cash flow information:    
Interest paid 200 194
Interest received 2 1
Income taxes paid (net of refunds received) $ 292 $ 450