CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions |
3 Months Ended |
May 05, 2018 |
Apr. 29, 2017 |
| Cash flows from operating activities |
|
|
|
|
| Net income/(loss) |
|
$ (78)
|
$ (187)
|
[1] |
| Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities: |
|
|
|
|
| Restructuring and management transition |
|
(3)
|
77
|
[1] |
| Asset impairments and other charges |
|
1
|
1
|
[1] |
| Net gain on sale of operating assets |
|
(17)
|
(117)
|
[1] |
| (Gain)/loss on extinguishment of debt |
|
23
|
0
|
[1] |
| Depreciation and amortization |
|
141
|
145
|
[1] |
| Benefit plans |
|
(19)
|
111
|
[1] |
| Stock-based compensation |
|
7
|
7
|
[1] |
| Deferred taxes |
|
(2)
|
(18)
|
[1] |
| Change in cash from: |
|
|
|
|
| Inventory |
|
(145)
|
(95)
|
[1] |
| Prepaid expenses and other |
|
(33)
|
(71)
|
[1] |
| Merchandise accounts payable |
|
(40)
|
(84)
|
[1] |
| Income taxes |
|
(3)
|
5
|
[1] |
| Accrued expenses and other |
|
(186)
|
(120)
|
[1] |
| Net Cash Provided by (Used in) Operating Activities |
|
(354)
|
(346)
|
[1] |
| Cash flows from investing activities |
|
|
|
|
| Capital expenditures |
|
(106)
|
(83)
|
[1] |
| Net proceeds from sale of operating assets |
|
39
|
136
|
[1] |
| Joint venture return of investment |
|
0
|
8
|
[1] |
| Net Cash Provided by (Used in) Investing Activities |
|
(67)
|
61
|
[1] |
| Cash flows from financing activities |
|
|
|
|
| Proceeds from issuance of long-term debt |
|
400
|
0
|
[1] |
| Proceeds from borrowings under the credit facility |
|
977
|
0
|
[1] |
| Payments of borrowings under the credit facility |
|
(626)
|
0
|
[1] |
| Premium On Early Retirement Of Long Term Debt |
|
20
|
0
|
[1] |
| Payments of capital leases, financing obligation and note payable |
|
(2)
|
(6)
|
[1] |
| Payments of long-term debt |
|
(576)
|
(230)
|
[1] |
| Financing costs |
|
(7)
|
0
|
[1] |
| Proceeds from stock issued under stock plans |
|
1
|
0
|
[1] |
| Tax withholding payments for vested restricted stock |
|
(3)
|
(3)
|
[1] |
| Net Cash Provided by (Used in) Financing Activities |
|
144
|
(239)
|
[1] |
| Net increase/(decrease) in cash and cash equivalents |
|
(277)
|
(524)
|
[1] |
| Cash and cash equivalents at beginning of period |
[1] |
458
|
887
|
|
| Cash and cash equivalents at end of period |
|
181
|
363
|
[1] |
| Supplemental cash flow information |
|
|
|
|
| Income taxes received/(paid), net |
|
(4)
|
(1)
|
[1] |
| Interest received/(paid), net |
|
(113)
|
(104)
|
[1] |
| Supplemental non-cash investing and financing activity |
|
|
|
|
| Increase/(decrease) in other accounts payable related to purchases of property and equipment and software |
|
$ (16)
|
$ 5
|
[1] |
|
|