CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions |
6 Months Ended |
Aug. 04, 2018 |
Jul. 29, 2017 |
| Cash flows from operating activities |
|
|
|
|
| Net income/(loss) |
|
$ (179)
|
$ (235)
|
[1] |
| Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities: |
|
|
|
|
| Restructuring and management transition |
|
(3)
|
73
|
[1] |
| Asset impairments and other charges |
|
52
|
3
|
[1] |
| Net gain on sale of operating assets |
|
(57)
|
(118)
|
[1] |
| (Gain)/loss on extinguishment of debt |
|
23
|
35
|
[1] |
| Depreciation and amortization |
|
281
|
289
|
[1] |
| Benefit plans |
|
(37)
|
96
|
[1] |
| Stock-based compensation |
|
6
|
16
|
[1] |
| Deferred taxes |
|
(1)
|
(19)
|
[1] |
| Change in cash from: |
|
|
|
|
| Inventory |
|
(21)
|
76
|
[1] |
| Prepaid expenses and other |
|
(21)
|
(64)
|
[1] |
| Merchandise accounts payable |
|
(63)
|
(27)
|
[1] |
| Income taxes |
|
0
|
3
|
[1] |
| Accrued expenses and other |
|
(115)
|
(72)
|
[1] |
| Net Cash Provided by (Used in) Operating Activities |
|
(135)
|
56
|
[1] |
| Cash flows from investing activities |
|
|
|
|
| Capital expenditures |
|
(221)
|
(192)
|
[1] |
| Net proceeds from sale of operating assets |
|
121
|
146
|
[1] |
| Joint venture return of investment |
|
0
|
9
|
[1] |
| Net Cash Provided by (Used in) Investing Activities |
|
(100)
|
(37)
|
[1] |
| Cash flows from financing activities |
|
|
|
|
| Proceeds from issuance of long-term debt |
|
400
|
0
|
[1] |
| Proceeds from borrowings under the credit facility |
|
2,258
|
272
|
[1] |
| Payments of borrowings under the credit facility |
|
(2,081)
|
(272)
|
[1] |
| Premium on early retirement of debt |
|
20
|
30
|
[1] |
| Payments of capital leases, financing obligation and note payable |
|
(4)
|
(12)
|
[1] |
| Payments of long-term debt |
|
(586)
|
(541)
|
[1] |
| Financing costs |
|
(7)
|
(9)
|
[1] |
| Proceeds from stock issued under stock plans |
|
2
|
3
|
[1] |
| Tax withholding payments for vested restricted stock |
|
(3)
|
(3)
|
[1] |
| Net Cash Provided by (Used in) Financing Activities |
|
(41)
|
(592)
|
[1] |
| Net increase/(decrease) in cash and cash equivalents |
|
(276)
|
(573)
|
[1] |
| Cash and cash equivalents at beginning of period |
[1] |
458
|
887
|
|
| Cash and cash equivalents at end of period |
|
182
|
314
|
[1] |
| Supplemental cash flow information |
|
|
|
|
| Income taxes received/(paid), net |
|
(5)
|
(5)
|
[1] |
| Interest received/(paid), net |
|
(145)
|
(163)
|
[1] |
| Supplemental non-cash investing and financing activity |
|
|
|
|
| Increase/(decrease) in other accounts payable related to purchases of property and equipment and software |
|
$ (20)
|
$ 6
|
[1] |
|
|