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. 01, 2020
Aug. 03, 2019
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net income/(loss) $ (944) $ (202)
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities:    
Restructuring and management transition 162 17
Reorganization Items, Debtor-In Possession Finance Fee Adjustment 17 0
Write-off of pre-petition unamortized debt issuance costs 33  
Reorganization items, net 108 0
Net (gain)/loss on sale of non-operating assets 0 (1)
Net (gain)/loss on sale of operating assets 0 3
(Gain)/loss on extinguishment of debt 0 (1)
Gain (Loss) on Discontinuation of Interest Rate Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring, Net 77 0
Depreciation and amortization 296 284
Benefit plans 63 (29)
Stock-based compensation (2) 6
Deferred taxes (69) 0
Change in cash from:    
Inventory 275 (34)
Prepaid expenses and other (286) (82)
Merchandise accounts payable (48) 31
Income taxes 0 0
Accrued expenses and other 14 9
Net cash provided by/(used in) operating activities (445) 1
Cash flows from investing activities    
Capital expenditures (43) (146)
Net proceeds from sale of non-operating assets 0 1
Net proceeds from sale of operating assets 1 12
Net cash provided by/(used in) investing activities (42) (133)
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Proceeds from debtor-in-possession financing 450 0
Proceeds from borrowings under the credit facility 2,675 946
Payments of borrowings under the credit facility (1,471) (946)
Payments of finance leases and note payable (1) (1)
Payments of long-term debt (19) (26)
Debtor-in-possession financing fees (50) 0
Proceeds from stock issued under stock plans 0 1
Net cash provided by/(used in) financing activities 1,584 (26)
Net increase/(decrease) in cash, cash equivalents and restricted cash 1,097 (158)
Cash and cash equivalents at beginning of period 386 333
Cash, cash equivalents and restricted cash at end of period 1,483 175
Supplemental cash flow information    
Income taxes received/(paid), net (2) (6)
Interest received/(paid), net (164) (139)
Supplemental non-cash investing and financing activity    
Increase/(decrease) in other accounts payable related to purchases of property and equipment and software 2 (15)
Remeasurement of leased assets and lease obligations $ (107) $ 52