CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions |
3 Months Ended |
6 Months Ended |
Aug. 01, 2020 |
Aug. 03, 2019 |
Aug. 01, 2020 |
Aug. 03, 2019 |
| Income Statement [Abstract] |
|
|
|
|
| Total net sales |
$ 1,390
|
$ 2,509
|
$ 2,472
|
$ 4,948
|
| Credit income and other |
69
|
110
|
183
|
226
|
| Total revenues |
1,459
|
2,619
|
2,655
|
5,174
|
| Cost of goods sold (exclusive of depreciation and amortization shown separately below) |
919
|
1,585
|
1,732
|
3,215
|
| Selling, general and administrative (SG&A) |
470
|
870
|
1,042
|
1,726
|
| Depreciation and amortization |
161
|
137
|
296
|
284
|
| Real estate and other, net |
5
|
(3)
|
7
|
2
|
| Restructuring and management transition |
67
|
7
|
222
|
27
|
| Total costs and expenses |
1,612
|
2,602
|
3,285
|
5,250
|
| Operating income/(loss) |
(153)
|
17
|
(630)
|
(76)
|
| Other components of net periodic pension cost/(income) |
77
|
(13)
|
54
|
(26)
|
| (Gain)/loss on extinguishment of debt |
0
|
1
|
0
|
1
|
| Net interest expense |
67
|
74
|
142
|
147
|
| Loss due to discontinuance of hedge accounting |
0
|
0
|
(77)
|
0
|
| Reorganization items, net |
108
|
0
|
108
|
0
|
| Income/(loss) before income taxes |
(405)
|
(43)
|
(1,011)
|
(196)
|
| Income tax expense/(benefit) |
(7)
|
5
|
(67)
|
6
|
| Net income/(loss) |
$ (398)
|
$ (48)
|
$ (944)
|
$ (202)
|
| Earnings Per Share, Basic |
$ (1.23)
|
$ (0.15)
|
$ (2.91)
|
$ (0.63)
|
| Earnings Per Share, Diluted |
$ (1.23)
|
$ (0.15)
|
$ (2.91)
|
$ (0.63)
|
| Weighted average shares – basic |
324,600
|
319,400
|
324,200
|
318,600
|
| Weighted average shares – diluted |
324,600
|
319,400
|
324,200
|
318,600
|