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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jan. 30, 2016
Jan. 31, 2015
Feb. 01, 2014
From Operating Activities      
Net income $ 541 $ 520 $ 429
Adjustments to reconcile net income to net cash provided by operating activities:      
Non-cash impairment charges 5 4  
Depreciation and amortization 148 139 133
Deferred income taxes (6) 20 19
Share-based compensation expense 22 24 25
Excess tax benefits on share-based compensation (35) (12) (8)
Gain on sale of real estate   (4)  
Qualified pension plan contributions (4) (6) (2)
Change in assets and liabilities:      
Merchandise inventories (49) (81) (20)
Accounts payable (17) 51 (48)
Accrued and other liabilities   33 (10)
Pension litigation accrual 100    
Other, net 40 24 12
Net cash provided by operating activities 745 712 530
From Investing Activities      
Capital expenditures [1] (228) (190) (206)
Purchase of business, net of cash acquired (2)   (81)
Proceeds from sale of real estate   5  
Sales and maturities of short-term investments   9 60
Purchases of short-term investments     (23)
Gain from lease terminations     2
Net cash used in investing activities (230) (176) (248)
From Financing Activities      
Purchase of treasury shares (419) (305) (229)
Dividends paid on common stock (139) (127) (118)
Issuance of common stock 64 17 27
Treasury stock reissued under employee stock plan 5 5 3
Excess tax benefits on share-based compensation 35 12 9
Reduction in long-term debt and obligations under capital leases (2) (3) (1)
Net cash used in financing activities (456) (401) (309)
Effect of Exchange Rate Fluctuations on Cash and Cash Equivalents (5) (26) 5
Net Change in Cash and Cash Equivalents 54 109 (22)
Cash and Cash Equivalents at Beginning of Year 967 858 880
Cash and Cash Equivalents at End of Year 1,021 967 858
Cash Paid During the Year:      
Interest 11 11 11
Income taxes $ 283 $ 251 $ 175
[1] Reflects cash capital expenditures for all years presented.