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Supplemental Guarantor Financial Information (Tables) | 6 Months Ended
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Jul. 30, 2016
Condensed Consolidating Balance Sheet [Abstract] |
Condensed Balance Sheet [Table Text Block] | L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions) (Unaudited)
| July 30, 2016
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
ASSETS |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and Cash Equivalents | $ | — |  |  | $ | 890 |  |  | $ | 383 |  |  | $ | — |  |  | $ | 1,273 |
Accounts Receivable, Net | 1 |  |  | 212 |  |  | 53 |  |  | — |  |  | 266 |
Inventories | — |  |  | 1,068 |  |  | 136 |  |  | — |  |  | 1,204 |
Other | — |  |  | 132 |  |  | 85 |  |  | — |  |  | 217 |
Total Current Assets | 1 |  |  | 2,302 |  |  | 657 |  |  | — |  |  | 2,960 |
Property and Equipment, Net | — |  |  | 1,780 |  |  | 806 |  |  | — |  |  | 2,586 |
Goodwill | — |  |  | 1,318 |  |  | 30 |  |  | — |  |  | 1,348 |
Trade Names and Other Intangible Assets, Net | — |  |  | 411 |  |  | — |  |  | — |  |  | 411 |
Net Investments in and Advances to/from Consolidated Affiliates | 4,508 |  |  | 15,320 |  |  | 1,661 |  |  | (21,489 | ) |  | — |
Deferred Income Taxes | — |  |  | 11 |  |  | 19 |  |  | — |  |  | 30 |
Other Assets | 137 |  |  | 34 |  |  | 647 |  |  | (612 | ) |  | 206 |
Total Assets | $ | 4,646 |  |  | $ | 21,176 |  |  | $ | 3,820 |  |  | $ | (22,101 | ) |  | $ | 7,541 |
LIABILITIES AND EQUITY (DEFICIT) |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Accounts Payable | $ | 4 |  |  | $ | 438 |  |  | $ | 351 |  |  | $ | — |  |  | $ | 793 |
Accrued Expenses and Other | 104 |  |  | 481 |  |  | 294 |  |  | — |  |  | 879 |
Current Portion of Long-term Debt | — |  |  | — |  |  | 13 |  |  | — |  |  | 13 |
Income Taxes | (11 | ) |  | 4 |  |  | 141 |  |  | — |  |  | 134 |
Total Current Liabilities | 97 |  |  | 923 |  |  | 799 |  |  | — |  |  | 1,819 |
Deferred Income Taxes | (3 | ) |  | (78 | ) |  | 349 |  |  | — |  |  | 268 |
Long-term Debt | 5,702 |  |  | 597 |  |  | 4 |  |  | (597 | ) |  | 5,706 |
Other Long-term Liabilities | 1 |  |  | 736 |  |  | 155 |  |  | (15 | ) |  | 877 |
Total Equity (Deficit) | (1,151 | ) |  | 18,998 |  |  | 2,513 |  |  | (21,489 | ) |  | (1,129 | )
Total Liabilities and Equity (Deficit) | $ | 4,646 |  |  | $ | 21,176 |  |  | $ | 3,820 |  |  | $ | (22,101 | ) |  | $ | 7,541 |
L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions)
| January 30, 2016
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
ASSETS |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and Cash Equivalents | $ | — |  |  | $ | 2,190 |  |  | $ | 358 |  |  | $ | — |  |  | $ | 2,548 |
Accounts Receivable, Net | 1 |  |  | 202 |  |  | 58 |  |  | — |  |  | 261 |
Inventories | — |  |  | 978 |  |  | 144 |  |  | — |  |  | 1,122 |
Other | — |  |  | 115 |  |  | 110 |  |  | — |  |  | 225 |
Total Current Assets | 1 |  |  | 3,485 |  |  | 670 |  |  | — |  |  | 4,156 |
Property and Equipment, Net | — |  |  | 1,574 |  |  | 756 |  |  | — |  |  | 2,330 |
Goodwill | — |  |  | 1,318 |  |  | — |  |  | — |  |  | 1,318 |
Trade Names and Other Intangible Assets, Net | — |  |  | 411 |  |  | — |  |  | — |  |  | 411 |
Net Investments in and Advances to/from Consolidated Affiliates | 5,368 |  |  | 13,649 |  |  | 1,242 |  |  | (20,259 | ) |  | — |
Deferred Income Taxes | — |  |  | 11 |  |  | 19 |  |  | — |  |  | 30 |
Other Assets | 141 |  |  | 40 |  |  | 679 |  |  | (612 | ) |  | 248 |
Total Assets | $ | 5,510 |  |  | $ | 20,488 |  |  | $ | 3,366 |  |  | $ | (20,871 | ) |  | $ | 8,493 |
LIABILITIES AND EQUITY (DEFICIT) |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Accounts Payable | $ | — |  |  | $ | 333 |  |  | $ | 335 |  |  | $ | — |  |  | $ | 668 |
Accrued Expenses and Other | 100 |  |  | 519 |  |  | 358 |  |  | — |  |  | 977 |
Current Portion of Long-term Debt | — |  |  | — |  |  | 6 |  |  | — |  |  | 6 |
Income Taxes | (3 | ) |  | 237 |  |  | (10 | ) |  | — |  |  | 224 |
Total Current Liabilities | 97 |  |  | 1,089 |  |  | 689 |  |  | — |  |  | 1,875 |
Deferred Income Taxes | (3 | ) |  | (86 | ) |  | 346 |  |  | — |  |  | 257 |
Long-term Debt | 5,714 |  |  | 597 |  |  | 1 |  |  | (597 | ) |  | 5,715 |
Other Long-term Liabilities | — |  |  | 670 |  |  | 248 |  |  | (14 | ) |  | 904 |
Total Equity (Deficit) | (298 | ) |  | 18,218 |  |  | 2,082 |  |  | (20,260 | ) |  | (258 | )
Total Liabilities and Equity (Deficit) | $ | 5,510 |  |  | $ | 20,488 |  |  | $ | 3,366 |  |  | $ | (20,871 | ) |  | $ | 8,493 |
L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions) (Unaudited)
| August 1, 2015
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
ASSETS |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and Cash Equivalents | $ | — |  |  | $ | 453 |  |  | $ | 327 |  |  | $ | — |  |  | $ | 780 |
Accounts Receivable, Net | 1 |  |  | 201 |  |  | 55 |  |  | — |  |  | 257 |
Inventories | — |  |  | 980 |  |  | 126 |  |  | — |  |  | 1,106 |
Other | 1 |  |  | 191 |  |  | 128 |  |  | — |  |  | 320 |
Total Current Assets | 2 |  |  | 1,825 |  |  | 636 |  |  | — |  |  | 2,463 |
Property and Equipment, Net | — |  |  | 1,485 |  |  | 790 |  |  | — |  |  | 2,275 |
Goodwill | — |  |  | 1,318 |  |  | — |  |  | — |  |  | 1,318 |
Trade Names and Other Intangible Assets, Net | — |  |  | 411 |  |  | — |  |  | — |  |  | 411 |
Net Investments in and Advances to/from Consolidated Affiliates | 3,979 |  |  | 15,589 |  |  | 1,642 |  |  | (21,210 | ) |  | — |
Deferred Income Taxes | — |  |  | 10 |  |  | 17 |  |  | — |  |  | 27 |
Other Assets | 140 |  |  | 34 |  |  | 682 |  |  | (612 | ) |  | 244 |
Total Assets | $ | 4,121 |  |  | $ | 20,672 |  |  | $ | 3,767 |  |  | $ | (21,822 | ) |  | $ | 6,738 |
LIABILITIES AND EQUITY (DEFICIT) |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Accounts Payable | $ | 7 |  |  | $ | 385 |  |  | $ | 333 |  |  | $ | — |  |  | $ | 725 |
Accrued Expenses and Other | 85 |  |  | 500 |  |  | 255 |  |  | — |  |  | 840 |
Income Taxes | — |  |  | — |  |  | 5 |  |  | — |  |  | 5 |
Total Current Liabilities | 92 |  |  | 885 |  |  | 593 |  |  | — |  |  | 1,570 |
Deferred Income Taxes | (3 | ) |  | (59 | ) |  | 308 |  |  | — |  |  | 246 |
Long-term Debt | 4,720 |  |  | 597 |  |  | — |  |  | (597 | ) |  | 4,720 |
Other Long-term Liabilities | — |  |  | 619 |  |  | 243 |  |  | (13 | ) |  | 849 |
Total Equity (Deficit) | (688 | ) |  | 18,630 |  |  | 2,623 |  |  | (21,212 | ) |  | (647 | )
Total Liabilities and Equity (Deficit) | $ | 4,121 |  |  | $ | 20,672 |  |  | $ | 3,767 |  |  | $ | (21,822 | ) |  | $ | 6,738 |
Condensed Income Statement [Table Text Block] | L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) (Unaudited)
| Year-to-Date 2016
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
Net Sales | $ | — |  |  | $ | 5,196 |  |  | $ | 1,666 |  |  | $ | (1,358 | ) |  | $ | 5,504 |
Costs of Goods Sold, Buying and Occupancy | — |  |  | (3,240 | ) |  | (1,380 | ) |  | 1,272 |  |  | (3,348 | )
Gross Profit | — |  |  | 1,956 |  |  | 286 |  |  | (86 | ) |  | 2,156 |
General, Administrative and Store Operating Expenses | (4 | ) |  | (1,274 | ) |  | (219 | ) |  | 73 |  |  | (1,424 | )
Operating Income (Loss) | (4 | ) |  | 682 |  |  | 67 |  |  | (13 | ) |  | 732 |
Interest Expense | (199 | ) |  | (20 | ) |  | (5 | ) |  | 25 |  |  | (199 | )
Other Income (Loss) | (36 | ) |  | 2 |  |  | 114 |  |  | — |  |  | 80 |
Income (Loss) Before Income Taxes | (239 | ) |  | 664 |  |  | 176 |  |  | 12 |  |  | 613 |
Provision for Income Taxes | (14 | ) |  | 134 |  |  | 88 |  |  | — |  |  | 208 |
Equity in Earnings (Loss), Net of Tax | 630 |  |  | 285 |  |  | 264 |  |  | (1,179 | ) |  | — |
Net Income (Loss) | $ | 405 |  |  | $ | 815 |  |  | $ | 352 |  |  | $ | (1,167 | ) |  | $ | 405 |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) (Unaudited)
| Year-to-Date 2015
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
Net Sales | $ | — |  |  | $ | 4,957 |  |  | $ | 1,630 |  |  | $ | (1,310 | ) |  | $ | 5,277 |
Costs of Goods Sold, Buying and Occupancy | — |  |  | (3,031 | ) |  | (1,321 | ) |  | 1,245 |  |  | (3,107 | )
Gross Profit | — |  |  | 1,926 |  |  | 309 |  |  | (65 | ) |  | 2,170 |
General, Administrative and Store Operating Expenses | (6 | ) |  | (1,245 | ) |  | (202 | ) |  | 58 |  |  | (1,395 | )
Operating Income (Loss) | (6 | ) |  | 681 |  |  | 107 |  |  | (7 | ) |  | 775 |
Interest Expense | (158 | ) |  | (12 | ) |  | (5 | ) |  | 17 |  |  | (158 | )
Other Income (Loss) | — |  |  | 4 |  |  | 72 |  |  | — |  |  | 76 |
Income (Loss) Before Income Taxes | (164 | ) |  | 673 |  |  | 174 |  |  | 10 |  |  | 693 |
Provision for Income Taxes | — |  |  | 168 |  |  | 72 |  |  | — |  |  | 240 |
Equity in Earnings (Loss), Net of Tax | 617 |  |  | 379 |  |  | 253 |  |  | (1,249 | ) |  | — |
Net Income (Loss) | $ | 453 |  |  | $ | 884 |  |  | $ | 355 |  |  | $ | (1,239 | ) |  | $ | 453 |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) (Unaudited)
| Second Quarter 2015
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
Net Sales | $ | — |  |  | $ | 2,588 |  |  | $ | 814 |  |  | $ | (637 | ) |  | $ | 2,765 |
Costs of Goods Sold, Buying and Occupancy | — |  |  | (1,607 | ) |  | (705 | ) |  | 661 |  |  | (1,651 | )
Gross Profit | — |  |  | 981 |  |  | 109 |  |  | 24 |  |  | 1,114 |
General, Administrative and Store Operating Expenses | (2 | ) |  | (629 | ) |  | (106 | ) |  | 26 |  |  | (711 | )
Operating Income (Loss) | (2 | ) |  | 352 |  |  | 3 |  |  | 50 |  |  | 403 |
Interest Expense | (78 | ) |  | (4 | ) |  | (3 | ) |  | 7 |  |  | (78 | )
Other Income (Loss) | — |  |  | — |  |  | (2 | ) |  | — |  |  | (2 | )
Income (Loss) Before Income Taxes | (80 | ) |  | 348 |  |  | (2 | ) |  | 57 |  |  | 323 |
Provision for Income Taxes | — |  |  | 90 |  |  | 31 |  |  | — |  |  | 121 |
Equity in Earnings (Loss), Net of Tax | 282 |  |  | 154 |  |  | 130 |  |  | (566 | ) |  | — |
Net Income (Loss) | $ | 202 |  |  | $ | 412 |  |  | $ | 97 |  |  | $ | (509 | ) |  | $ | 202 |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) (Unaudited)
| Second Quarter 2016
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
Net Sales | $ | — |  |  | $ | 2,724 |  |  | $ | 808 |  |  | $ | (642 | ) |  | $ | 2,890 |
Costs of Goods Sold, Buying and Occupancy | — |  |  | (1,701 | ) |  | (669 | ) |  | 593 |  |  | (1,777 | )
Gross Profit | — |  |  | 1,023 |  |  | 139 |  |  | (49 | ) |  | 1,113 |
General, Administrative and Store Operating Expenses | (2 | ) |  | (635 | ) |  | (106 | ) |  | 38 |  |  | (705 | )
Operating Income (Loss) | (2 | ) |  | 388 |  |  | 33 |  |  | (11 | ) |  | 408 |
Interest Expense | (101 | ) |  | (11 | ) |  | (3 | ) |  | 14 |  |  | (101 | )
Other Income (Loss) | (36 | ) |  | 1 |  |  | 108 |  |  | — |  |  | 73 |
Income (Loss) Before Income Taxes | (139 | ) |  | 378 |  |  | 138 |  |  | 3 |  |  | 380 |
Provision for Income Taxes | (13 | ) |  | 72 |  |  | 69 |  |  | — |  |  | 128 |
Equity in Earnings (Loss), Net of Tax | 378 |  |  | 223 |  |  | 196 |  |  | (797 | ) |  | — |
Net Income (Loss) | $ | 252 |  |  | $ | 529 |  |  | $ | 265 |  |  | $ | (794 | ) |  | $ | 252 |
Condensed Statement of Comprehensive Income [Table Text Block] | L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) (Unaudited)
| Year-to-Date 2016
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
Net Income (Loss) | $ | 405 |  |  | $ | 815 |  |  | $ | 352 |  |  | $ | (1,167 | ) |  | $ | 405 |
Other Comprehensive Income (Loss), Net of Tax: |  |  |  |  |  |  |  |  |
Foreign Currency Translation | — |  |  | — |  |  | (10 | ) |  | — |  |  | (10 | )
Unrealized Gain (Loss) on Cash Flow Hedges | — |  |  | — |  |  | (11 | ) |  | — |  |  | (11 | )
Reclassification of Cash Flow Hedges to Earnings | — |  |  | — |  |  | 9 |  |  | — |  |  | 9 |
Unrealized Loss on Marketable Securities | — |  |  | — |  |  | (3 | ) |  | — |  |  | (3 | )
Reclassification of Gain on Marketable Securities to Earnings | — |  |  | — |  |  | (3 | ) |  | — |  |  | (3 | )
Total Other Comprehensive Income (Loss), Net of Tax | — |  |  | — |  |  | (18 | ) |  | — |  |  | (18 | )
Total Comprehensive Income (Loss) | $ | 405 |  |  | $ | 815 |  |  | $ | 334 |  |  | $ | (1,167 | ) |  | $ | 387 |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) (Unaudited)
| Second Quarter 2015
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
Net Income (Loss) | $ | 202 |  |  | $ | 412 |  |  | $ | 97 |  |  | $ | (509 | ) |  | $ | 202 |
Other Comprehensive Income (Loss), Net of Tax: |  |  |  |  |  |  |  |  |
Foreign Currency Translation | — |  |  | — |  |  | 22 |  |  | — |  |  | 22 |
Unrealized Gain (Loss) on Cash Flow Hedges | — |  |  | — |  |  | 14 |  |  | — |  |  | 14 |
Reclassification of Cash Flow Hedges to Earnings | — |  |  | — |  |  | (27 | ) |  | — |  |  | (27 | )
Total Other Comprehensive Income (Loss), Net of Tax | — |  |  | — |  |  | 9 |  |  | — |  |  | 9 |
Total Comprehensive Income (Loss) | $ | 202 |  |  | $ | 412 |  |  | $ | 106 |  |  | $ | (509 | ) |  | $ | 211 |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) (Unaudited)
| Year-to-Date 2015
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
Net Income (Loss) | $ | 453 |  |  | $ | 884 |  |  | $ | 355 |  |  | $ | (1,239 | ) |  | $ | 453 |
Other Comprehensive Income (Loss), Net of Tax: |  |  |  |  |  |  |  |  |
Foreign Currency Translation | — |  |  | — |  |  | 12 |  |  | — |  |  | 12 |
Unrealized Gain (Loss) on Cash Flow Hedges | — |  |  | — |  |  | 4 |  |  | — |  |  | 4 |
Reclassification of Cash Flow Hedges to Earnings | — |  |  | — |  |  | (10 | ) |  | — |  |  | (10 | )
Total Other Comprehensive Income (Loss), Net of Tax | — |  |  | — |  |  | 6 |  |  | — |  |  | 6 |
Total Comprehensive Income (Loss) | $ | 453 |  |  | $ | 884 |  |  | $ | 361 |  |  | $ | (1,239 | ) |  | $ | 459 |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) (Unaudited)
| Second Quarter 2016
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
Net Income (Loss) | $ | 252 |  |  | $ | 529 |  |  | $ | 265 |  |  | $ | (794 | ) |  | $ | 252 |
Other Comprehensive Income (Loss), Net of Tax: |  |  |  |  |  |  |  |  |
Foreign Currency Translation | — |  |  | — |  |  | (18 | ) |  | — |  |  | (18 | )
Unrealized Gain (Loss) on Cash Flow Hedges | — |  |  | — |  |  | 5 |  |  | — |  |  | 5 |
Reclassification of Cash Flow Hedges to Earnings | — |  |  | — |  |  | (5 | ) |  | — |  |  | (5 | )
Unrealized Loss on Marketable Securities | — |  |  | — |  |  | (2 | ) |  | — |  |  | (2 | )
Reclassification of Gain on Marketable Securities to Earnings | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total Other Comprehensive Income (Loss), Net of Tax | — |  |  | — |  |  | (20 | ) |  | — |  |  | (20 | )
Total Comprehensive Income (Loss) | $ | 252 |  |  | $ | 529 |  |  | $ | 245 |  |  | $ | (794 | ) |  | $ | 232 |
Condensed Cash Flow Statement [Table Text Block] | L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (in millions) (Unaudited)
| Year-to-Date 2016
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
Net Cash Provided by (Used for) Operating Activities | $ | (258 | ) |  | $ | 490 |  |  | $ | 189 |  |  | $ | — |  |  | $ | 421 |
Investing Activities: |  |  |  |  |  |  |  |  |
Capital Expenditures | — |  |  | (382 | ) |  | (115 | ) |  | — |  |  | (497 | )
Return of Capital from Easton Town Center, LLC | — |  |  | — |  |  | 108 |  |  | — |  |  | 108 |
Acquisition, Net of Cash Acquired of $1 | — |  |  | — |  |  | (31 | ) |  | — |  |  | (31 | )
Proceeds from Sale of Marketable Securities | — |  |  | — |  |  | 10 |  |  | — |  |  | 10 |
Net Investments in Consolidated Affiliates | — |  |  | — |  |  | (38 | ) |  | 38 |  |  | — |
Other Investing Activities | — |  |  | 1 |  |  | 15 |  |  | — |  |  | 16 |
Net Cash Used for Investing Activities | — |  |  | (381 | ) |  | (51 | ) |  | 38 |  |  | (394 | )
Financing Activities: |  |  |  |  |  |  |  |  |
Proceeds from the Issuance of Long-term Debt, Net of Issuance Costs | 692 |  |  | — |  |  | — |  |  | — |  |  | 692 |
Payment of Long-term Debt | (742 | ) |  | — |  |  | — |  |  | — |  |  | (742 | )
Borrowings from Revolving Facilities | — |  |  | — |  |  | 10 |  |  | — |  |  | 10 |
Dividends Paid | (923 | ) |  | — |  |  | — |  |  | — |  |  | (923 | )
Repurchases of Common Stock | (385 | ) |  | — |  |  | — |  |  | — |  |  | (385 | )
Excess Tax Benefits from Share-based Compensation | — |  |  | 33 |  |  | 4 |  |  | — |  |  | 37 |
Net Financing Activities and Advances to/from Consolidated Affiliates | 1,603 |  |  | (1,441 | ) |  | (124 | ) |  | (38 | ) |  | — |
Proceeds from Exercise of Stock Options | 13 |  |  | — |  |  | — |  |  | — |  |  | 13 |
Financing Costs and Other | — |  |  | (1 | ) |  | — |  |  | — |  |  | (1 | )
Net Cash Provided by (Used for) Financing Activities | 258 |  |  | (1,409 | ) |  | (110 | ) |  | (38 | ) |  | (1,299 | )
Effects of Exchange Rate Changes on Cash and Cash Equivalents | — |  |  | — |  |  | (3 | ) |  | — |  |  | (3 | )
Net Increase (Decrease) in Cash and Cash Equivalents | — |  |  | (1,300 | ) |  | 25 |  |  | — |  |  | (1,275 | )
Cash and Cash Equivalents, Beginning of Period | — |  |  | 2,190 |  |  | 358 |  |  | — |  |  | 2,548 |
Cash and Cash Equivalents, End of Period | $ | — |  |  | $ | 890 |  |  | $ | 383 |  |  | $ | — |  |  | $ | 1,273 |
L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (in millions) (Unaudited)
| Year-to-Date 2015
| L Brands, Inc. |  | Guarantor Subsidiaries |  | Non- guarantor Subsidiaries |  | Eliminations |  | Consolidated L Brands, Inc.
Net Cash Provided by (Used for) Operating Activities | $ | (147 | ) |  | $ | 481 |  |  | $ | 41 |  |  | $ | — |  |  | $ | 375 |
Investing Activities: |  |  |  |  |  |  |  |  |
Capital Expenditures | — |  |  | (254 | ) |  | (104 | ) |  | — |  |  | (358 | )
Proceeds from the Sale of Assets | — |  |  | — |  |  | 135 |  |  | — |  |  | 135 |
Proceeds from Divestiture of Third-party Apparel Sourcing Business | — |  |  | 1 |  |  | 84 |  |  | — |  |  | 85 |
Purchase of Marketable Securities | — |  |  | (50 | ) |  | — |  |  | — |  |  | (50 | )
Other Investing Activities | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |
Net Cash Provided by (Used for) Investing Activities | — |  |  | (303 | ) |  | 116 |  |  | — |  |  | (187 | )
Financing Activities: |  |  |  |  |  |  |  |  |
Dividends Paid | (880 | ) |  | — |  |  | — |  |  | — |  |  | (880 | )
Repurchases of Common Stock | (295 | ) |  | — |  |  | — |  |  | — |  |  | (295 | )
Excess Tax Benefits from Share-based Compensation | — |  |  | 53 |  |  | 8 |  |  | — |  |  | 61 |
Net Financing Activities and Advances to/from Consolidated Affiliates | 1,299 |  |  | (1,240 | ) |  | (59 | ) |  | — |  |  | — |
Proceeds from Exercise of Stock Options | 23 |  |  | — |  |  | — |  |  | — |  |  | 23 |
Net Cash Provided by (Used for) Financing Activities | 147 |  |  | (1,187 | ) |  | (51 | ) |  | — |  |  | (1,091 | )
Effects of Exchange Rate Changes on Cash and Cash Equivalents | — |  |  | — |  |  | 2 |  |  | — |  |  | 2 |
Net Increase (Decrease) in Cash and Cash Equivalents | — |  |  | (1,009 | ) |  | 108 |  |  | — |  |  | (901 | )
Cash and Cash Equivalents, Beginning of Period | — |  |  | 1,462 |  |  | 219 |  |  | — |  |  | 1,681 |
Cash and Cash Equivalents, End of Period | $ | — |  |  | $ | 453 |  |  | $ | 327 |  |  | $ | — |  |  | $ | 780 |

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