|
Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
|
6 Months Ended |
|
Jul. 28, 2012
|
Jul. 30, 2011
|
| Operating Activities: |
|
|
| Net Income |
$ 268 |
$ 396 |
| Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: |
|
|
| Depreciation and Amortization of Long-lived Assets |
191 |
196 |
| Amortization of Landlord Allowances |
(17) |
(16) |
| Deferred Income Taxes |
3 |
23 |
| Share-based Compensation Expense |
33 |
24 |
| Excess Tax Benefits from Share-based Compensation |
(100) |
(34) |
| Gain on Sale of Express Common Stock |
0 |
(86) |
| Contribution of Express Common Stock to The Limited Brands Foundation |
0 |
163 |
| Gain on Contribution of Express Common Stock to The Limited Brands Foundation |
0 |
(147) |
| Changes in Assets and Liabilities: |
|
|
| Accounts Receivable |
32 |
(7) |
| Inventories |
(60) |
(69) |
| Accounts Payable, Accrued Expenses and Other |
(53) |
(12) |
| Income Taxes Payable |
(112) |
(155) |
| Other Assets and Liabilities |
20 |
(53) |
| Net Cash Provided by Operating Activities |
205 |
223 |
| Investing Activities: |
|
|
| Capital Expenditures |
(329) |
(162) |
| Proceeds from Sale of Express Common Stock |
0 |
99 |
| Other Investing Activities |
11 |
0 |
| Net Cash Used for Investing Activities |
(318) |
(63) |
| Financing Activities: |
|
|
| Proceeds from Long-term Debt, Net of Issuance Costs |
985 |
981 |
| Repurchase of Common Stock |
(604) |
(890) |
| Dividends Paid |
(146) |
(431) |
| Excess Tax Benefits from Share-based Compensation |
100 |
34 |
| Proceeds from Exercise of Stock Options and Other |
36 |
55 |
| Financing Costs |
0 |
(7) |
| Net Cash Provided by (Used for) Financing Activities |
371 |
(258) |
| Effects of Exchange Rate Changes on Cash and Cash Equivalents |
0 |
3 |
| Net Increase (Decrease) in Cash and Cash Equivalents |
258 |
(95) |
| Cash and Cash Equivalents, Beginning of Period |
935 |
1,130 |
| Cash and Cash Equivalents, End of Period |
$ 1,193 |
$ 1,035 |