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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Oct. 29, 2022
Oct. 30, 2021
From operating activities:    
Net income $ 322 $ 790
Adjustments to reconcile net income to net cash provided by operating activities:    
Non-cash impairment and other charges 5 88
Fair value adjustments to minority investments 52 (340)
Depreciation and amortization 157 142
Deferred income taxes 14 57
Share-based compensation expense 25 23
Gain on disposal of business (19)  
Change in assets and liabilities:    
Merchandise inventories (466) (306)
Accounts payable (58) 122
Accrued and other liabilities (46) 16
Insurance receivable for inventory loss   8
Other, net (18) (102)
Net cash (used in) provided by operating activities (32) 498
From investing activities:    
Capital expenditures (218) (137)
Purchase of business, net of cash acquired (18) (737)
Minority investments (5) (115)
Proceeds from sale of business 47  
Proceeds from minority investments 12  
Proceeds from sale of property   3
Insurance proceeds related to loss on property and equipment   3
Net cash used in investing activities (182) (983)
From financing activities:    
Proceeds from debt issuance, net   395
Payment of debt issuance costs   (2)
Purchase of treasury shares (129) (170)
Dividends paid on common stock (113) (72)
Payment of obligations under finance leases (5) (3)
Shares of common stock repurchased to satisfy tax withholding obligations (1) (11)
Treasury stock reissued under employee stock plan 3 7
Proceeds from exercise of stock options 4 10
Contribution from non-controlling interest 4  
Net cash used in financing activities (237) 154
Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash (6) (2)
Net change in cash, cash equivalents, and restricted cash (457) (333)
Cash, cash equivalents, and restricted cash at beginning of year 850 1,718
Cash, cash equivalents, and restricted cash at end of period 393 1,385
Cash paid during the year:    
Interest 17 7
Income taxes 131 313
Cash paid for amounts included in measurement of operating lease liabilities: 527 527
Cash paid for amounts included in measurement of finance lease liabilities 7 3
Non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for lease obligations: 363 242
Assets obtained in exchange for finance lease obligations $ 1 $ 4