Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Jan. 31, 2015
Feb. 01, 2014
Feb. 02, 2013
Cash flows from operating activities:      
Net income $ 1,526us-gaap_NetIncomeLoss $ 1,486us-gaap_NetIncomeLoss $ 1,335us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Impairments, store closing and other costs 87m_Impairmentsstoreclosingandothercosts 88m_Impairmentsstoreclosingandothercosts 5m_Impairmentsstoreclosingandothercosts
Depreciation and amortization 1,036us-gaap_DepreciationDepletionAndAmortization 1,020us-gaap_DepreciationDepletionAndAmortization 1,049us-gaap_DepreciationDepletionAndAmortization
Stock-based compensation expense 73us-gaap_ShareBasedCompensation 62us-gaap_ShareBasedCompensation 61us-gaap_ShareBasedCompensation
Amortization of financing costs and premium on acquired debt (5)us-gaap_AmortizationOfFinancingCostsAndDiscounts (8)us-gaap_AmortizationOfFinancingCostsAndDiscounts (16)us-gaap_AmortizationOfFinancingCostsAndDiscounts
Changes in assets and liabilities:      
(Increase) decrease in receivables 22us-gaap_IncreaseDecreaseInReceivables (58)us-gaap_IncreaseDecreaseInReceivables 7us-gaap_IncreaseDecreaseInReceivables
(Increase) decrease in merchandise inventories 40us-gaap_IncreaseDecreaseInRetailRelatedInventories (249)us-gaap_IncreaseDecreaseInRetailRelatedInventories (191)us-gaap_IncreaseDecreaseInRetailRelatedInventories
Increase in prepaid expenses and other current assets (3)us-gaap_IncreaseDecreaseInPrepaidExpense (2)us-gaap_IncreaseDecreaseInPrepaidExpense (7)us-gaap_IncreaseDecreaseInPrepaidExpense
(Increase) decrease in other assets not separately identified (61)us-gaap_IncreaseDecreaseInOtherOperatingAssets (1)us-gaap_IncreaseDecreaseInOtherOperatingAssets 23us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase (decrease) in merchandise accounts payable (17)us-gaap_IncreaseDecreaseInAccountsPayable 101us-gaap_IncreaseDecreaseInAccountsPayable 23us-gaap_IncreaseDecreaseInAccountsPayable
Increase (decrease) in accounts payable, accrued liabilities and other items not separately identified 37us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 48us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (33)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Increase (decrease) in current income taxes (65)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 7us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (16)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Increase (decrease) in deferred income taxes 29us-gaap_IncreaseDecreaseInDeferredIncomeTaxes (142)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 14us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Increase (decrease) in other liabilities not separately identified 10us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 197us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (75)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities 2,709us-gaap_NetCashProvidedByUsedInOperatingActivities 2,549us-gaap_NetCashProvidedByUsedInOperatingActivities 2,179us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Purchase of property and equipment (770)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (607)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (698)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Capitalized software (298)us-gaap_PaymentsForSoftware (256)us-gaap_PaymentsForSoftware (244)us-gaap_PaymentsForSoftware
Disposition of property and equipment 172us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 132us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 66us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Other, net (74)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (57)us-gaap_PaymentsForProceedsFromOtherInvestingActivities 95us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used by investing activities (970)us-gaap_NetCashProvidedByUsedInInvestingActivities (788)us-gaap_NetCashProvidedByUsedInInvestingActivities (781)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Debt issued 1,044us-gaap_ProceedsFromIssuanceOfLongTermDebt 400us-gaap_ProceedsFromIssuanceOfLongTermDebt 1,000us-gaap_ProceedsFromIssuanceOfLongTermDebt
Financing costs (9)us-gaap_PaymentsOfDebtIssuanceCosts (9)us-gaap_PaymentsOfDebtIssuanceCosts (11)us-gaap_PaymentsOfDebtIssuanceCosts
Debt repaid (870)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations (124)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations (1,803)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations
Dividends paid (421)us-gaap_PaymentsOfDividendsCommonStock (359)us-gaap_PaymentsOfDividendsCommonStock (324)us-gaap_PaymentsOfDividendsCommonStock
Increase (decrease) in outstanding checks 133us-gaap_IncreaseDecreaseInOutstandingChecksFinancingActivities 24us-gaap_IncreaseDecreaseInOutstandingChecksFinancingActivities (88)us-gaap_IncreaseDecreaseInOutstandingChecksFinancingActivities
Acquisition of treasury stock (1,901)us-gaap_PaymentsForRepurchaseOfCommonStock (1,571)us-gaap_PaymentsForRepurchaseOfCommonStock (1,397)us-gaap_PaymentsForRepurchaseOfCommonStock
Issuance of common stock 258us-gaap_ProceedsFromIssuanceOrSaleOfEquity 315us-gaap_ProceedsFromIssuanceOrSaleOfEquity 234us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Net cash used by financing activities (1,766)us-gaap_NetCashProvidedByUsedInFinancingActivities (1,324)us-gaap_NetCashProvidedByUsedInFinancingActivities (2,389)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash and cash equivalents (27)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 437us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (991)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents beginning of period 2,273us-gaap_CashAndCashEquivalentsAtCarryingValue 1,836us-gaap_CashAndCashEquivalentsAtCarryingValue 2,827us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents end of period 2,246us-gaap_CashAndCashEquivalentsAtCarryingValue 2,273us-gaap_CashAndCashEquivalentsAtCarryingValue 1,836us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental cash flow information:      
Interest paid 413us-gaap_InterestPaidNet 388us-gaap_InterestPaidNet 585us-gaap_InterestPaidNet
Interest received 2us-gaap_ProceedsFromInterestReceived 2us-gaap_ProceedsFromInterestReceived 2us-gaap_ProceedsFromInterestReceived
Income taxes paid (net of refunds received) $ 834us-gaap_IncomeTaxesPaidNet $ 835us-gaap_IncomeTaxesPaidNet $ 738us-gaap_IncomeTaxesPaidNet