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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Apr. 29, 2017
Apr. 30, 2016
Operating activities    
Net income $ 66 $ 17
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 238 234
Share-based compensation 10 12
Deferred income taxes 13 (18)
Impairments, store closing and other costs cash flow 0 64
Other non-cash revenues and expenses (12) 7
Changes in operating assets and liabilities:    
Merchandise inventories (193) (44)
Other current and long-term assets 42 (15)
Accounts payable (27) 95
Accrued and other long-term liabilities (117) (125)
Income taxes 26 (87)
Net cash provided by operating activities 46 140
Investing activities    
Acquisition of property and equipment (216) (177)
Proceeds from sales of property and equipment 13 3
Net cash used in investing activities (203) (174)
Financing activities    
Treasury stock purchases (156) (126)
Shares withheld for taxes on vested restricted shares (10) (12)
Dividends paid (94) (91)
Capital lease and financing obligation payments (32) (31)
Proceeds from stock option exercises   6
Proceeds from financing obligations 0 4
Net cash used in financing activities (292) (250)
Net decrease in cash and cash equivalents (449) (284)
Cash and cash equivalents at beginning of period 1,074 707
Cash and cash equivalents at end of period 625 423
Supplemental information    
Interest paid, net of capitalized interest 46 50
Income taxes paid 5 126
Non-cash investing and financing activities    
Property and equipment acquired through additional liabilities $ 13 $ 9