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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 29, 2023
Jul. 29, 2023
Jul. 30, 2022
Operating Activities:      
Net Income $ 99 $ 180 $ 275
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation of Long-lived Assets 66 129 106
Gain on Extinguishment of Debt (9) (16) 0
Share-based Compensation Expense   18 15
Changes in Assets and Liabilities:      
Accounts Receivable   74 55
Inventories   (109) (261)
Accounts Payable, Accrued Expenses and Other   (87) 16
Income Taxes Payable   (107) (69)
Other Assets and Liabilities   (5) (56)
Net Cash Provided by Operating Activities   77 81
Investing Activities:      
Capital Expenditures   (178) (161)
Other Investing Activities   2 (1)
Net Cash Used for Investing Activities   (176) (162)
Financing Activities:      
Payments of Long-term Debt (106) (182) 0
Repurchases of Common Stock   (48) (1,312)
Dividends Paid (46) (92) (94)
Tax Payments Related to Share-based Awards   (9) (31)
Other Financing Activities   (12) (9)
Net Cash Used for Financing Activities   (343) (1,446)
Effects of Exchange Rate Changes on Cash and Cash Equivalents   0 0
Net Decrease in Cash and Cash Equivalents   (442) (1,527)
Cash and Cash Equivalents, Beginning of Year   1,232 1,979
Cash and Cash Equivalents, End of Period $ 790 $ 790 $ 452