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
9 Months Ended
Nov. 02, 2019
Nov. 03, 2018
Statement of Cash Flows [Abstract]    
Net income $ 224 $ 358
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment, restructuring and other costs 16 39
Settlement charges 12 73
Depreciation and amortization 725 718
Stock-based compensation expense 40 48
Gains on sale of real estate (67) (111)
Benefit plans 23 25
Deferred Income Taxes 25 62
Amortization of financing costs and premium on acquired debt 1 (5)
Changes in assets and liabilities:    
Decrease in receivables 224 163
Increase in merchandise inventories (1,993) (1,969)
Decrease in prepaid expenses and other current assets 13 16
Increase in merchandise accounts payable 1,648 1,664
Decrease in accounts payable and accrued liabilities (470) (221)
Decrease in current income taxes (168) (301)
Change in other assets and liabilities (81) (130)
Net cash provided by operating activities 172 429
Cash flows from investing activities:    
Purchase of property and equipment (623) (468)
Capitalized software (189) (209)
Disposition of property and equipment 73 121
Other, net 10 7
Net cash used by investing activities (729) (549)
Cash flows from financing activities:    
Debt Issuance Costs (3) 0
Debt repaid (42) (361)
Dividends paid (349) (347)
Increase in outstanding checks 49 44
Acquisition of treasury stock (1) 0
Issuance of common stock 6 41
Proceeds from noncontrolling interest 0 7
Net cash used by financing activities (340) (616)
Net decrease in cash, cash equivalents and restricted cash (897) (736)
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 351 777
Supplemental cash flow information:    
Interest paid 152 213
Interest received 16 17
Income taxes paid (net of refunds received) $ 199 $ 335