CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions |
3 Months Ended |
Apr. 30, 2016 |
May. 02, 2015 |
| Cash flows from operating activities |
|
|
| Net income/(loss) |
$ (68)
|
$ (150)
|
| Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities: |
|
|
| Restructuring and management transition |
(1)
|
3
|
| Asset impairments and other charges |
1
|
1
|
| Gain (Loss) on Disposition of Other Assets |
5
|
2
|
| Net gain on sale of operating assets |
(8)
|
(8)
|
| (Gain)/loss on extinguishment of debt |
(4)
|
0
|
| Depreciation and amortization |
154
|
154
|
| Benefit plans |
(12)
|
(25)
|
| Stock-based compensation |
10
|
10
|
| Deferred taxes |
(3)
|
1
|
| Change in cash from: |
|
|
| Inventory |
(204)
|
(159)
|
| Prepaid expenses and other |
(59)
|
(37)
|
| Merchandise accounts payable |
70
|
66
|
| Current income taxes |
(1)
|
4
|
| Accrued expenses and other |
(264)
|
(84)
|
| Net cash provided by/(used in) operating activities |
(394)
|
(226)
|
| Cash flows from investing activities |
|
|
| Capital expenditures |
(39)
|
(46)
|
| Net proceeds from sale of non-operating assets |
2
|
6
|
| Net proceeds from sale of operating assets |
12
|
5
|
| Joint venture return of investment |
14
|
0
|
| Net cash provided by/(used in) investing activities |
(11)
|
(35)
|
| Cash flows from financing activities |
|
|
| Payments of capital leases and note payable |
(14)
|
(5)
|
| Payments of long-term debt |
(62)
|
(6)
|
| Proceeds from stock options exercised |
1
|
0
|
| Tax withholding payments for vested restricted stock |
(5)
|
(2)
|
| Net cash provided by/(used in) financing activities |
(80)
|
(13)
|
| Net increase/(decrease) in cash and cash equivalents |
(485)
|
(274)
|
| Cash and cash equivalents at beginning of period |
900
|
1,318
|
| Cash and cash equivalents at end of period |
415
|
1,044
|
| Supplemental cash flow information |
|
|
| Income taxes received/(paid), net |
(3)
|
0
|
| Interest received/(paid), net |
(122)
|
(126)
|
| Supplemental non-cash investing and financing activity |
|
|
| Increase/(decrease) in other accounts payable related to purchases of property and equipment and software |
$ 41
|
$ 11
|