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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Feb. 01, 2020
Feb. 02, 2019
Feb. 03, 2018
From operating activities:      
Net income $ 491 $ 541 $ 284
Adjustments to reconcile net income to net cash provided by operating activities:      
Non-cash impairment charges 48 19 20
Non-cash gain (4)    
Depreciation and amortization 179 178 173
Deferred income taxes 5 9 105
Share-based compensation expense 18 22 15
Qualified pension plan contributions (55) (128) (25)
Change in assets and liabilities:      
Merchandise inventories 51 (16) 69
Accounts payable (51) 135  
Accrued and other liabilities (40) 39 (30)
Pension litigation accrual   13 178
Class counsel fees paid in connection with pension litigation   (97)  
Other, net 54 66 24
Net cash provided by operating activities 696 781 813
From investing activities:      
Capital expenditures (187) (187) (274)
Minority investments (50) (89) (15)
Proceeds from sale of property 2    
Insurance proceeds related to loss on property and equipment   2  
Net cash used in investing activities (235) (274) (289)
From financing activities:      
Purchase of treasury shares (335) (375) (467)
Dividends paid on common stock (164) (158) (157)
Proceeds from exercise of stock options 5 5 13
Treasury stock reissued under employee stock plan 3 2 5
Shares of common stock repurchased to satisfy tax withholding obligations (2) (1) (10)
Net cash used in financing activities (493) (527) (616)
Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash (7) (30) 50
Net change in cash, cash equivalents, and restricted cash (39) (50) (42)
Cash, cash equivalents, and restricted cash at beginning of year 981 1,031 1,073
Cash, cash equivalents, and restricted cash at end of period 942 981 1,031
Cash paid during the year:      
Interest 11 11 11
Income taxes $ 201 $ 184 $ 237