v3.19.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Feb. 02, 2019
Feb. 03, 2018
Jan. 28, 2017
Cash flows from operating activities      
Net income/(loss) $ (255) $ (118) [1] $ (17) [1]
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities:      
Restructuring and management transition (3) 74 [1] (1) [1]
Asset impairments and other charges 56 6 [1] 3 [1]
Net gain on sale of non-operating assets 0 0 [1] (5) [1]
Net gain from sale of operating assets (67) (119) [1] (73) [1]
Loss on extinguishment of debt 23 33 [1] 30 [1]
Depreciation and amortization 556 570 [1] 609 [1]
Benefit plans (65) 106 [1] (39) [1]
Stock-based compensation [2] 10 25 [1] 35 [1]
Other comprehensive income tax benefits (11) (60) [1] (12) [1]
Deferred taxes (13) (63) [1] 9 [1]
Change in cash from:      
Inventory 366 93 [1] (141) [1]
Prepaid expenses and other assets 1 (15) [1] 11 [1]
Merchandise accounts payable (126) (4) [1] 52 [1]
Income taxes 0 (12) [1] (6) [1]
Accrued expenses and other (113) (62) [1] (121) [1]
Net cash provided by/(used in) operating activities 359 454 [1] 334 [1]
Cash flows from investing activities      
Capital expenditures (392) (395) [1] (427) [1]
Proceeds from sale of non-operating assets 0 0 [1] 2 [1]
Proceeds from sale of operating assets 144 154 [1] 96 [1]
Joint venture return of investment 3 9 [1] 13 [1]
Insurance proceeds received for damage to property and equipment 1 3 [1] 0 [1]
Net cash provided by/(used in) investing activities (244) (229) [1] (316) [1]
Cash flows from financing activities      
Proceeds from issuance of long-term debt 400 0 [1] 2,188 [1]
Proceeds from borrowings under the credit facility 3,895 804 [1] 667 [1]
Payments of borrowings under the credit facility (3,895) (804) [1] (667) [1]
Net proceeds from financing obligation 0 0 [1] 216 [1]
Premium on early retirement of debt (20) (30) [1] 0 [1]
Payments of capital leases, financing obligation and note payable (6) (16) [1] (29) [1]
Payments of long-term debt (607) (599) [1] (2,349) [1]
Financing costs (7) (9) [1] (49) [1]
Proceeds from stock issued under stock plans 3 5 [1] 2 [1]
Excess tax benefits from stock-based compensation 0 0 0
Tax withholding payments for vested restricted stock (3) (5) [1] (10) [1]
Net cash provided by/(used in) financing activities (240) (654) [1] (31) [1]
Net increase/(decrease) in cash and cash equivalents (125) (429) [1] (13) [1]
Cash and cash equivalents at beginning of period [1] 458   $ 887
Cash and cash equivalents at end of period $ 333 $ 458 [1]  
[1] As Adjusted
[2] Excludes $0 million, $2 million and $0 million for 2018, 2017 and 2016, respectively, of stock-based compensation costs reported in restructuring and management transition charges (Note 17).

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