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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Additional Paid-In Capital & Common Stock
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Beginning Balance at Feb. 02, 2019 $ 809 $ (37) $ 2,104 $ (370) $ 2,506
Beginning Balance (in shares) at Feb. 02, 2019 112,933,000        
Beginning Balance (in treasury shares) at Feb. 02, 2019   (711,000)      
Restricted stock issued (in shares) 88,000        
Issued under director and stock plans $ 3       3
Issued under director and stock plans (in shares) 179,000        
Share-based compensation expense $ 13       13
Shares of common stock used to satisfy tax withholding obligations   $ (2)     (2)
Shares of common stock used to satisfy tax withholding obligations (in shares)   (32,000)      
Share repurchases   $ (122)     (122)
Share repurchases (in shares)   (2,932,000)      
Reissued - employee stock purchase plan   $ 6     6
Reissued - employee stock purchase plan (in shares)   96,000      
Net Income (loss)     232   232
Cash dividends declared on common stock ($0.40 and $0.38 per share as of August 1, 2020 and August 3, 2019 respectively)     (84)   (84)
Translation adjustment, net of tax       (21) (21)
Change in cash flow hedges, net of tax       3 3
Pension and postretirement adjustments, net of tax       4 4
Cumulative effect of the adoption new ASUs     (26)   (26)
Ending Balance at Aug. 03, 2019 $ 825 $ (155) 2,226 (384) $ 2,512
Ending Balance (in shares) at Aug. 03, 2019 113,200,000        
Ending Balance (in treasury shares) at Aug. 03, 2019   (3,579,000)     (3,578,395)
Beginning Balance at May. 04, 2019 $ 820 $ (41) 2,207 (384) $ 2,602
Beginning Balance (in shares) at May. 04, 2019 113,161,000        
Beginning Balance (in treasury shares) at May. 04, 2019   (774,000)      
Restricted stock issued (in shares) 16,000        
Issued under director and stock plans $ (1)       (1)
Issued under director and stock plans (in shares) 23,000        
Share-based compensation expense $ 6       6
Shares of common stock used to satisfy tax withholding obligations (in shares)   (1,000)      
Share repurchases   $ (120)     (120)
Share repurchases (in shares)   (2,900,000)      
Reissued - employee stock purchase plan   $ 6     6
Reissued - employee stock purchase plan (in shares)   96,000      
Net Income (loss)     60   60
Cash dividends declared on common stock ($0.40 and $0.38 per share as of August 1, 2020 and August 3, 2019 respectively)     (41)   (41)
Translation adjustment, net of tax       (6) (6)
Change in cash flow hedges, net of tax       5 5
Pension and postretirement adjustments, net of tax       1 1
Ending Balance at Aug. 03, 2019 $ 825 $ (155) 2,226 (384) $ 2,512
Ending Balance (in shares) at Aug. 03, 2019 113,200,000        
Ending Balance (in treasury shares) at Aug. 03, 2019   (3,579,000)     (3,578,395)
Beginning Balance at Feb. 01, 2020 $ 764   2,103 (394) $ 2,473 [1]
Beginning Balance (in shares) at Feb. 01, 2020 104,188,000        
Beginning Balance (in treasury shares) at Feb. 01, 2020        
Restricted stock issued (in shares) 67,000        
Issued under director and stock plans $ 3       $ 3
Issued under director and stock plans (in shares) 137,000        
Share-based compensation expense $ 7       7
Shares of common stock used to satisfy tax withholding obligations (in shares)   (23,000)      
Reissued - employee stock purchase plan (in shares)   23,000      
Net Income (loss)     (65)   (65)
Cash dividends declared on common stock ($0.40 and $0.38 per share as of August 1, 2020 and August 3, 2019 respectively)     (42)   (42)
Translation adjustment, net of tax       20 20
Change in cash flow hedges, net of tax       3 3
Pension and postretirement adjustments, net of tax       4 4
Ending Balance at Aug. 01, 2020 $ 774   1,996 (367) $ 2,403
Ending Balance (in shares) at Aug. 01, 2020 104,392,000        
Ending Balance (in treasury shares) at Aug. 01, 2020         (426)
Beginning Balance at May. 02, 2020 $ 767   1,951 (404) $ 2,314
Beginning Balance (in shares) at May. 02, 2020 104,245,000        
Beginning Balance (in treasury shares) at May. 02, 2020   (23,000)      
Restricted stock issued (in shares) 13,000        
Issued under director and stock plans $ 3       3
Issued under director and stock plans (in shares) 134,000        
Share-based compensation expense $ 4       4
Reissued - employee stock purchase plan (in shares)   23,000      
Net Income (loss)     45   45
Translation adjustment, net of tax       36 36
Pension and postretirement adjustments, net of tax       1 1
Ending Balance at Aug. 01, 2020 $ 774   $ 1,996 $ (367) $ 2,403
Ending Balance (in shares) at Aug. 01, 2020 104,392,000        
Ending Balance (in treasury shares) at Aug. 01, 2020         (426)
[1] The balance sheet at February 1, 2020 has been derived from the previously reported audited consolidated 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 February 1, 2020.