XML 32 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Feb. 03, 2018
Jan. 28, 2017
Jan. 30, 2016
Cash flows from operating activities:      
Net income $ 1,536 $ 611 $ 1,070
Adjustments to reconcile net income to net cash provided by operating activities:      
Restructuring Costs and Asset Impairment Charges 186 479 288
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash 105 98 0
Depreciation and amortization 991 1,058 1,061
Stock-based compensation expense 58 61 65
(Gain) Loss on Disposition of Property Plant Equipment (544) (209) (212)
Amortization of financing costs and premium on acquired debt (45) (14) (14)
Changes in assets and liabilities:      
(Increase) decrease in receivables 120 (1) (45)
(Increase) decrease in merchandise inventories 221 107 (60)
Increase in prepaid expenses and other current assets (14) (8) 0
Increase (decrease) in merchandise accounts payable 162 (132) (78)
Increase (decrease) in accounts payable, accrued liabilities and other items not separately identified (179) (127) 116
Increase (decrease) in current income taxes (114) 125 (69)
Increase (decrease) in deferred income taxes (412) (139) (1)
Increase (Decrease) in Other Noncurrent Assets and Liabilities, Net (127) (108) (137)
Net cash provided by operating activities 1,944 1,801 1,984
Cash flows from investing activities:      
Purchase of property and equipment (487) (596) (777)
Capitalized software (273) (316) (336)
Acquisition of Bluemercury, Inc., net of cash acquired 0 0 (212)
Disposition of property and equipment 411 673 204
Other, net (24) 52 29
Net cash used by investing activities (373) (187) (1,092)
Cash flows from financing activities:      
Proceeds from Issuance of Commercial Paper 0 0 499
Financing costs (1) (3) (4)
Debt repaid (954) (751) (152)
Dividends paid (461) (459) (456)
Increase (decrease) in outstanding checks (15) 61 (83)
Acquisition of treasury stock (1) (316) (2,001)
Issuance of common stock 6 36 163
Proceeds from noncontrolling interest 13 6 5
Net cash used by financing activities (1,413) (1,426) (2,029)
Net increase (decrease) in cash and cash equivalents 158 188 (1,137)
Cash and cash equivalents beginning of period 1,297 1,109 2,246
Cash and cash equivalents end of period 1,455 1,297 1,109
Supplemental cash flow information:      
Interest paid 361 396 383
Interest received 12 4 2
Income taxes paid (net of refunds received) $ 496 $ 352 $ 635