CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions |
3 Months Ended |
9 Months Ended |
Oct. 28, 2017 |
Oct. 29, 2016 |
Oct. 28, 2017 |
Oct. 29, 2016 |
| Cash flows from operating activities |
|
|
|
|
| Net income/(loss) |
$ (128)
|
$ (67)
|
$ (370)
|
$ (191)
|
| Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities: |
|
|
|
|
| Restructuring and management transition |
(1)
|
0
|
72
|
(1)
|
| Asset impairments and other charges |
4
|
0
|
7
|
2
|
| Net gain on sale of non-operating assets |
0
|
0
|
0
|
(5)
|
| Net gain on sale of operating assets |
(1)
|
0
|
(119)
|
(10)
|
| (Gain)/loss on extinguishment of debt |
0
|
0
|
35
|
30
|
| Depreciation and amortization |
131
|
149
|
420
|
456
|
| Benefit plans |
(1)
|
(14)
|
95
|
(41)
|
| Stock-based compensation |
7
|
7
|
23
|
27
|
| Deferred taxes |
(30)
|
3
|
(49)
|
3
|
| Change in cash from: |
|
|
|
|
| Inventory |
(588)
|
(710)
|
(511)
|
(970)
|
| Prepaid expenses and other |
(2)
|
(19)
|
(66)
|
(87)
|
| Merchandise accounts payable |
392
|
399
|
365
|
568
|
| Current income taxes |
0
|
(1)
|
3
|
(5)
|
| Accrued expenses and other |
(22)
|
60
|
(88)
|
(177)
|
| Net Cash Provided by (Used in) Operating Activities |
(239)
|
(193)
|
(183)
|
(401)
|
| Cash flows from investing activities |
|
|
|
|
| Capital expenditures |
(95)
|
(122)
|
(287)
|
(282)
|
| Net proceeds from sale of non-operating assets |
0
|
0
|
0
|
2
|
| Net proceeds from sale of operating assets |
7
|
0
|
153
|
16
|
| Joint venture return of investment |
0
|
0
|
9
|
15
|
| Net Cash Provided by (Used in) Investing Activities |
(88)
|
(122)
|
(125)
|
(249)
|
| Cash flows from financing activities |
|
|
|
|
| Proceeds from issuance of long-term debt |
0
|
0
|
0
|
2,188
|
| Proceeds from borrowings under the credit facility |
249
|
259
|
521
|
259
|
| Payments of borrowings under the credit facility |
(38)
|
(97)
|
(310)
|
(97)
|
| Premium On Early Retirement Of Long Term Debt |
0
|
0
|
30
|
0
|
| Payments of capital leases, financing obligation and note payable |
(2)
|
(5)
|
(14)
|
(24)
|
| Payments of long-term debt |
(11)
|
(89)
|
(552)
|
(2,339)
|
| Financing costs |
0
|
0
|
(9)
|
(49)
|
| Proceeds from stock issued under stock plans |
1
|
1
|
4
|
2
|
| Tax withholding payments for vested restricted stock |
(1)
|
0
|
(4)
|
(7)
|
| Net Cash Provided by (Used in) Financing Activities |
198
|
69
|
(394)
|
(67)
|
| Net increase/(decrease) in cash and cash equivalents |
(129)
|
(246)
|
(702)
|
(717)
|
| Cash and cash equivalents at beginning of period |
314
|
429
|
887
|
900
|
| Cash and cash equivalents at end of period |
185
|
183
|
185
|
183
|
| Supplemental cash flow information |
|
|
|
|
| Income taxes received/(paid), net |
(1)
|
(1)
|
(6)
|
(9)
|
| Interest received/(paid), net |
(84)
|
(103)
|
(247)
|
(287)
|
| Supplemental non-cash investing and financing activity |
|
|
|
|
| Increase/(decrease) in other accounts payable related to purchases of property and equipment and software |
$ (4)
|
$ 1
|
$ 2
|
$ 33
|