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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Nov. 01, 2014
Nov. 02, 2013
From Operating Activities:    
Net income $ 374 $ 308
Adjustments to reconcile net income to net cash provided by operating activities:    
Non-cash impairment charges 3 0
Depreciation and amortization 106 97
Share-based compensation expense 18 19
Qualified pension plan contributions (2) (2)
Excess tax benefits on share-based compensation (11) (7)
Change in assets and liabilities:    
Merchandise inventories (124) (108)
Accounts payable 28 (3)
Accrued and other liabilities (7) (44)
Other, net 54 67
Net cash provided by operating activities 439 327
From Investing Activities:    
Lease termination gains 0 2
Sales and maturities of short-term investments 9 38
Purchases of short-term investments 0 (23)
Capital expenditures (138) (157)
Purchase of business, net of cash acquired 0 (81)
Net cash used in investing activities (129) (221)
From Financing Activities:    
Purchase of treasury shares (174) (167)
Dividends paid (96) (89)
Issuance of common stock 17 19
Treasury stock issued under employee stock purchase plan 5 3
Excess tax benefits on share-based compensation 11 8
Repayments of long-term debt and obligations under capital leases (3) 0
Net cash used in financing activities (240) (226)
Effect of exchange rate fluctuations on Cash and Cash Equivalents (12) 4
Net change in Cash and Cash Equivalents 58 (116)
Cash and Cash Equivalents at beginning of year 858 [1] 880
Cash and Cash Equivalents at end of interim period 916 764
Cash paid during the period:    
Interest 5 5
Income taxes $ 200 $ 123
[1] The balance sheet at February 1, 2014 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 the Company’s 2013 Annual Report on Form 10-K.