XML 21 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Oct. 29, 2016
Oct. 31, 2015
From Operating Activities    
Net income $ 475 $ 383
Adjustments to reconcile net income to net cash provided by operating activities:    
Non-cash impairment charges 6  
Depreciation and amortization 118 109
Share-based compensation expense 17 17
Excess tax benefits on share-based compensation (16) (33)
Qualified pension plan contributions (33) (4)
Change in assets and liabilities:    
Merchandise inventories (77) (96)
Accounts payable (66) (39)
Accrued and other liabilities (3) (12)
Other, net 33 89
Net cash provided by operating activities 454 414
From Investing Activities    
Capital expenditures (193) (173)
Purchase of business, net of cash acquired   (1)
Net cash used in investing activities (193) (174)
From Financing Activities    
Purchase of treasury shares (352) (316)
Dividends paid on common stock (111) (105)
Proceeds from exercise of stock options 24 63
Treasury stock reissued under employee stock plan 4 5
Excess tax benefits on share-based compensation 16 33
Payment of revolving credit agreement costs (2)  
Reduction in long-term debt and obligations under capital leases   (2)
Net cash used in financing activities (421) (322)
Effect of Exchange Rate Fluctuations on Cash and Cash Equivalents 4 (7)
Net Change in Cash and Cash Equivalents (156) (89)
Cash and Cash Equivalents at Beginning of Period 1,021 [1] 967
Cash and Cash Equivalents at End of Period 865 878
Cash Paid During the Period:    
Interest 6 5
Income taxes $ 271 $ 240
[1] The balance sheet at January 30, 2016 has been derived from the previously reported audited financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in Foot Locker, Inc.'s Annual Report on Form 10-K for the year ended January 30, 2016.