Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Aug. 03, 2019
Aug. 04, 2018
Statement of Cash Flows [Abstract]    
Net income $ 223 $ 296
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment and other costs 3 36
Settlement charges 0 50
Depreciation and amortization 472 470
Stock-based compensation expense 28 31
Gains on sale of real estate (49) (70)
Deferred Income Taxes 17 36
Benefit plans 15 18
Amortization of financing costs and premium on acquired debt 1 (5)
Changes in assets and liabilities:    
Decrease in receivables 160 88
Decrease in merchandise inventories 234 221
Decrease in prepaid expenses and other current assets 19 29
Increase in merchandise accounts payable 55 219
Decrease in accounts payable and accrued liabilities (619) (510)
Decrease in current income taxes (149) (271)
Change in other assets and liabilities (60) (94)
Net cash provided by operating activities 350 544
Cash flows from investing activities:    
Purchase of property and equipment (378) (275)
Capitalized software (123) (133)
Disposition of property and equipment 59 88
Other, net (12) 8
Net cash used by investing activities (454) (312)
Cash flows from financing activities:    
Debt Issuance Costs (3) 0
Debt repaid (39) (357)
Dividends paid (233) (232)
Decrease in outstanding checks (128) (90)
Issuance of common stock 6 38
Proceeds from noncontrolling interest 0 5
Net cash used by financing activities (397) (636)
Net decrease in cash, cash equivalents and restricted cash (501) (404)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, beginning of period 1,248 1,513
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, end of period 747 1,109
Supplemental cash flow information:    
Interest paid 107 156
Interest received 12 11
Income taxes paid (net of refunds received) $ 189 $ 319