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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jan. 30, 2021
Feb. 01, 2020
Feb. 02, 2019
Operating activities      
Net (loss) income $ (163) $ 691 $ 801
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 874 917 964
Share-based compensation 40 56 87
Deferred income taxes 18 51 (31)
Impairments, store closing, and other costs 64 64 72
(Gain) on sale of real estate (127)    
(Gain) loss on extinguishment of debt   (9) 63
Non-cash inventory costs 187    
Non-cash lease expense 149 150  
Other non-cash expense 22 11 18
Changes in operating assets and liabilities:      
Merchandise inventories 768 (51) 79
Other current and long-term assets (813) 48 106
Accounts payable 270 19 (84)
Accrued and other long-term liabilities 199 (134) 32
Operating lease liabilities (150) (156)  
Net cash provided by operating activities 1,338 1,657 2,107
Investing activities      
Acquisition of property and equipment (334) (855) (578)
Proceeds from sale of real estate 197    
Other   18 6
Net cash used in investing activities (137) (837) (572)
Financing activities      
Proceeds from issuance of debt 2,097    
Deferred financing costs (19)    
Treasury stock purchases (8) (470) (396)
Shares withheld for taxes on vested restricted shares (22) (31) (34)
Dividends paid (108) (423) (400)
Reduction of long-term borrowing (1,497) (6) (943)
Premium paid on redemption of debt     (46)
Finance lease and financing obligation payments (105) (113) (126)
Proceeds from stock option exercises   1 36
Proceeds from financing obligations 9 11  
Net cash provided by (used in) financing activities 347 (1,031) (1,909)
Net increase (decrease) in cash and cash equivalents 1,548 (211) (374)
Cash and cash equivalents at beginning of period 723 934 1,308
Cash and cash equivalents at end of period 2,271 723 934
Supplemental information      
Interest paid, net of capitalized interest 254 193 282
Income taxes paid 419 172 308
Property and equipment acquired through:      
Finance lease liabilities 128 236 37
Operating lease liabilities $ 165 $ 106  
Financing obligations     $ 4