XML 30 R18.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Condensed Consolidating Financial Information (Tables) | 6 Months Ended
--- | ---
Jul. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Consolidating Balance Sheet [Table Text Block] | Condensed Consolidating Balance Sheet As of July 30, 2016 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
ASSETS: |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 621 |  |  | $ | 89 |  |  | $ | 290 |  |  | $ | — |  |  | $ | 1,000 |
Receivables | — |  |  | 146 |  |  | 277 |  |  | — |  |  | 423 |
Merchandise inventories | — |  |  | 2,500 |  |  | 2,822 |  |  | — |  |  | 5,322 |
Income tax receivable | 8 |  |  | 11 |  |  | — |  |  | (19 | ) |  | — |
Prepaid expenses and other current assets | — |  |  | 84 |  |  | 387 |  |  | — |  |  | 471 |
Total Current Assets | 629 |  |  | 2,830 |  |  | 3,776 |  |  | (19 | ) |  | 7,216 |
Property and Equipment – net | — |  |  | 3,586 |  |  | 3,601 |  |  | — |  |  | 7,187 |
Goodwill | — |  |  | 3,315 |  |  | 582 |  |  | — |  |  | 3,897 |
Other Intangible Assets – net | — |  |  | 49 |  |  | 453 |  |  | — |  |  | 502 |
Other Assets | — |  |  | 155 |  |  | 749 |  |  | — |  |  | 904 |
Deferred Income Taxes | 23 |  |  | — |  |  | — |  |  | (23 | ) |  | — |
Intercompany Receivable | — |  |  | — |  |  | 2,710 |  |  | (2,710 | ) |  | — |
Investment in Subsidiaries | 4,524 |  |  | 3,247 |  |  | — |  |  | (7,771 | ) |  | — |
Total Assets | $ | 5,176 |  |  | $ | 13,182 |  |  | $ | 11,871 |  |  | $ | (10,523 | ) |  | $ | 19,706 |
LIABILITIES AND SHAREHOLDERS’ EQUITY: |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | 1,062 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 1,063 |
Merchandise accounts payable | — |  |  | 825 |  |  | 1,052 |  |  | — |  |  | 1,877 |
Accounts payable and accrued liabilities | 29 |  |  | 1,380 |  |  | 1,105 |  |  | — |  |  | 2,514 |
Income taxes | — |  |  | — |  |  | 42 |  |  | (19 | ) |  | 23 |
Total Current Liabilities | 29 |  |  | 3,267 |  |  | 2,200 |  |  | (19 | ) |  | 5,477 |
Long-Term Debt | — |  |  | 6,549 |  |  | 18 |  |  | — |  |  | 6,567 |
Intercompany Payable | 1,043 |  |  | 1,667 |  |  | — |  |  | (2,710 | ) |  | — |
Deferred Income Taxes | — |  |  | 653 |  |  | 818 |  |  | (23 | ) |  | 1,448 |
Other Liabilities | 58 |  |  | 573 |  |  | 1,533 |  |  | — |  |  | 2,164 |
Shareholders' Equity: |  |  |  |  |  |  |  |  |
Macy's, Inc. | 4,046 |  |  | 473 |  |  | 7,298 |  |  | (7,771 | ) |  | 4,046 |
Noncontrolling Interest | — |  |  | — |  |  | 4 |  |  | — |  |  | 4 |
Total Shareholders' Equity | 4,046 |  |  | 473 |  |  | 7,302 |  |  | (7,771 | ) |  | 4,050 |
Total Liabilities and Shareholders' Equity | $ | 5,176 |  |  | $ | 13,182 |  |  | $ | 11,871 |  |  | $ | (10,523 | ) |  | $ | 19,706 |
Condensed Consolidating Balance Sheet As of August 1, 2015 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
ASSETS: |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 511 |  |  | $ | 76 |  |  | $ | 256 |  |  | $ | — |  |  | $ | 843 |
Receivables | — |  |  | 85 |  |  | 249 |  |  | — |  |  | 334 |
Merchandise inventories | — |  |  | 2,712 |  |  | 2,784 |  |  | — |  |  | 5,496 |
Income tax receivable | 98 |  |  | — |  |  | — |  |  | (98 | ) |  | — |
Prepaid expenses and other current assets | — |  |  | 104 |  |  | 333 |  |  | — |  |  | 437 |
Total Current Assets | 609 |  |  | 2,977 |  |  | 3,622 |  |  | (98 | ) |  | 7,110 |
Property and Equipment – net | — |  |  | 4,230 |  |  | 3,474 |  |  | — |  |  | 7,704 |
Goodwill | — |  |  | 3,315 |  |  | 582 |  |  | — |  |  | 3,897 |
Other Intangible Assets – net | — |  |  | 62 |  |  | 461 |  |  | — |  |  | 523 |
Other Assets | 2 |  |  | 44 |  |  | 680 |  |  | — |  |  | 726 |
Deferred Income Taxes | 24 |  |  | — |  |  | — |  |  | (24 | ) |  | — |
Intercompany Receivable | — |  |  | — |  |  | 3,634 |  |  | (3,634 | ) |  | — |
Investment in Subsidiaries | 4,779 |  |  | 3,640 |  |  | — |  |  | (8,419 | ) |  | — |
Total Assets | $ | 5,414 |  |  | $ | 14,268 |  |  | $ | 12,453 |  |  | $ | (12,175 | ) |  | $ | 19,960 |
LIABILITIES AND SHAREHOLDERS’ EQUITY: |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | 82 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 83 |
Merchandise accounts payable | — |  |  | 930 |  |  | 1,012 |  |  | — |  |  | 1,942 |
Accounts payable and accrued liabilities | 23 |  |  | 980 |  |  | 1,274 |  |  | — |  |  | 2,277 |
Income taxes | — |  |  | 10 |  |  | 152 |  |  | (98 | ) |  | 64 |
Total Current Liabilities | 23 |  |  | 2,002 |  |  | 2,439 |  |  | (98 | ) |  | 4,366 |
Long-Term Debt | — |  |  | 7,132 |  |  | 19 |  |  | — |  |  | 7,151 |
Intercompany Payable | 483 |  |  | 3,151 |  |  | — |  |  | (3,634 | ) |  | — |
Deferred Income Taxes | — |  |  | 736 |  |  | 737 |  |  | (24 | ) |  | 1,449 |
Other Liabilities | 64 |  |  | 551 |  |  | 1,535 |  |  | — |  |  | 2,150 |
Shareholders' Equity: |  |  |  |  |  |  |  |  |
Macy's, Inc. | 4,844 |  |  | 696 |  |  | 7,723 |  |  | (8,419 | ) |  | 4,844 |
Noncontrolling Interest | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total Shareholders' Equity | 4,844 |  |  | 696 |  |  | 7,723 |  |  | (8,419 | ) |  | 4,844 |
Total Liabilities and Shareholders' Equity | $ | 5,414 |  |  | $ | 14,268 |  |  | $ | 12,453 |  |  | $ | (12,175 | ) |  | $ | 19,960 |
Condensed Consolidating Balance Sheet As of January 30, 2016 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
ASSETS: |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 741 |  |  | $ | 91 |  |  | $ | 277 |  |  | $ | — |  |  | $ | 1,109 |
Receivables | — |  |  | 217 |  |  | 341 |  |  | — |  |  | 558 |
Merchandise inventories | — |  |  | 2,702 |  |  | 2,804 |  |  | — |  |  | 5,506 |
Income tax receivable | 44 |  |  | — |  |  | — |  |  | (44 | ) |  | — |
Prepaid expenses and other current assets | — |  |  | 135 |  |  | 344 |  |  | — |  |  | 479 |
Total Current Assets | 785 |  |  | 3,145 |  |  | 3,766 |  |  | (44 | ) |  | 7,652 |
Property and Equipment – net | — |  |  | 3,925 |  |  | 3,691 |  |  | — |  |  | 7,616 |
Goodwill | — |  |  | 3,315 |  |  | 582 |  |  | — |  |  | 3,897 |
Other Intangible Assets – net | — |  |  | 52 |  |  | 462 |  |  | — |  |  | 514 |
Other Assets | — |  |  | 154 |  |  | 743 |  |  | — |  |  | 897 |
Deferred Income Taxes | 14 |  |  | — |  |  | — |  |  | (14 | ) |  | — |
Intercompany Receivable | — |  |  | — |  |  | 3,800 |  |  | (3,800 | ) |  | — |
Investment in Subsidiaries | 4,725 |  |  | 3,804 |  |  | — |  |  | (8,529 | ) |  | — |
Total Assets | $ | 5,524 |  |  | $ | 14,395 |  |  | $ | 13,044 |  |  | $ | (12,387 | ) |  | $ | 20,576 |
LIABILITIES AND SHAREHOLDERS’ EQUITY: |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | 641 |  |  | $ | 1 |  |  | $ | — |  |  | $ | 642 |
Merchandise accounts payable | — |  |  | 667 |  |  | 859 |  |  | — |  |  | 1,526 |
Accounts payable and accrued liabilities | 35 |  |  | 1,439 |  |  | 1,859 |  |  | — |  |  | 3,333 |
Income taxes | — |  |  | 41 |  |  | 230 |  |  | (44 | ) |  | 227 |
Total Current Liabilities | 35 |  |  | 2,788 |  |  | 2,949 |  |  | (44 | ) |  | 5,728 |
Long-Term Debt | — |  |  | 6,976 |  |  | 19 |  |  | — |  |  | 6,995 |
Intercompany Payable | 1,218 |  |  | 2,582 |  |  | — |  |  | (3,800 | ) |  | — |
Deferred Income Taxes | — |  |  | 693 |  |  | 798 |  |  | (14 | ) |  | 1,477 |
Other Liabilities | 21 |  |  | 558 |  |  | 1,544 |  |  | — |  |  | 2,123 |
Shareholders' Equity: |  |  |  |  |  |  |  |  |
Macy's, Inc. | 4,250 |  |  | 798 |  |  | 7,731 |  |  | (8,529 | ) |  | 4,250 |
Noncontrolling Interest | — |  |  | — |  |  | 3 |  |  | — |  |  | 3 |
Total Shareholders' Equity | 4,250 |  |  | 798 |  |  | 7,734 |  |  | (8,529 | ) |  | 4,253 |
Total Liabilities and Shareholders' Equity | $ | 5,524 |  |  | $ | 14,395 |  |  | $ | 13,044 |  |  | $ | (12,387 | ) |  | $ | 20,576 |
Condensed Consolidating Statement of Comprehensive Income [Table Text Block] | Condensed Consolidating Statement of Comprehensive Income For the 13 Weeks Ended July 30, 2016 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Net sales | $ | — |  |  | $ | 2,494 |  |  | $ | 4,989 |  |  | $ | (1,617 | ) |  | $ | 5,866 |
Cost of sales | — |  |  | (1,523 | ) |  | (3,562 | ) |  | 1,617 |  |  | (3,468 | )
Gross margin | — |  |  | 971 |  |  | 1,427 |  |  | — |  |  | 2,398 |
Selling, general and administrative expenses | — |  |  | (941 | ) |  | (1,085 | ) |  | — |  |  | (2,026 | )
Impairments and other costs | — |  |  | (184 | ) |  | (65 | ) |  | — |  |  | (249 | )
Settlement charges | — |  |  | (2 | ) |  | (4 | ) |  | — |  |  | (6 | )
Operating income (loss) | — |  |  | (156 | ) |  | 273 |  |  | — |  |  | 117 |
Interest (expense) income, net: |  |  |  |  |  |  |  |  |
External | — |  |  | (97 | ) |  | — |  |  | — |  |  | (97 | )
Intercompany | — |  |  | (57 | ) |  | 57 |  |  | — |  |  | — |
Equity in earnings of subsidiaries | 11 |  |  | 22 |  |  | — |  |  | (33 | ) |  | — |
Income (loss) before income taxes | 11 |  |  | (288 | ) |  | 330 |  |  | (33 | ) |  | 20 |
Federal, state and local income tax benefit (expense) | — |  |  | 114 |  |  | (125 | ) |  | — |  |  | (11 | )
Net income (loss) | 11 |  |  | (174 | ) |  | 205 |  |  | (33 | ) |  | 9 |
Net loss attributable to noncontrolling interest | — |  |  | — |  |  | 2 |  |  | — |  |  | 2 |
Net income (loss) attributable to Macy's, Inc. shareholders | $ | 11 |  |  | $ | (174 | ) |  | $ | 207 |  |  | $ | (33 | ) |  | $ | 11 |
Comprehensive income (loss) | $ | (6 | ) |  | $ | (191 | ) |  | $ | 195 |  |  | $ | (6 | ) |  | $ | (8 | )
Comprehensive loss attributable to noncontrolling interest | — |  |  | — |  |  | 2 |  |  | — |  |  | 2 |
Comprehensive income (loss) attributable to Macy's, Inc. shareholders | $ | (6 | ) |  | $ | (191 | ) |  | $ | 197 |  |  | $ | (6 | ) |  | $ | (6 | )
Condensed Consolidating Statement of Comprehensive Income For the 13 Weeks Ended August 1, 2015 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Net sales | $ | — |  |  | $ | 2,761 |  |  | $ | 5,049 |  |  | $ | (1,706 | ) |  | $ | 6,104 |
Cost of sales | — |  |  | (1,688 | ) |  | (3,628 | ) |  | 1,706 |  |  | (3,610 | )
Gross margin | — |  |  | 1,073 |  |  | 1,421 |  |  | — |  |  | 2,494 |
Selling, general and administrative expenses | — |  |  | (1,025 | ) |  | (1,033 | ) |  | — |  |  | (2,058 | )
Operating income | — |  |  | 48 |  |  | 388 |  |  | — |  |  | 436 |
Interest (expense) income, net: |  |  |  |  |  |  |  |  |
External | — |  |  | (93 | ) |  | — |  |  | — |  |  | (93 | )
Intercompany | — |  |  | (57 | ) |  | 57 |  |  | — |  |  | — |
Equity in earnings of subsidiaries | 217 |  |  | 86 |  |  | — |  |  | (303 | ) |  | — |
Income (loss) before income taxes | 217 |  |  | (16 | ) |  | 445 |  |  | (303 | ) |  | 343 |
Federal, state and local income tax benefit (expense) | — |  |  | 42 |  |  | (168 | ) |  | — |  |  | (126 | )
Net income | 217 |  |  | 26 |  |  | 277 |  |  | (303 | ) |  | 217 |
Net loss attributable to noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net income attributable to Macy's, Inc. shareholders | $ | 217 |  |  | $ | 26 |  |  | $ | 277 |  |  | $ | (303 | ) |  | $ | 217 |
Comprehensive income | $ | 224 |  |  | $ | 33 |  |  | $ | 282 |  |  | $ | (315 | ) |  | $ | 224 |
Comprehensive loss attributable to noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |
Comprehensive income attributable to Macy's, Inc. shareholders | $ | 224 |  |  | $ | 33 |  |  | $ | 282 |  |  | $ | (315 | ) |  | $ | 224 |
Condensed Consolidating Statement of Comprehensive Income For the 26 Weeks Ended July 30, 2016 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Net sales | $ | — |  |  | $ | 4,948 |  |  | $ | 10,363 |  |  | $ | (3,674 | ) |  | $ | 11,637 |
Cost of sales | — |  |  | (3,127 | ) |  | (7,531 | ) |  | 3,674 |  |  | (6,984 | )
Gross margin | — |  |  | 1,821 |  |  | 2,832 |  |  | — |  |  | 4,653 |
Selling, general and administrative expenses | (1 | ) |  | (1,823 | ) |  | (2,168 | ) |  | — |  |  | (3,992 | )
Impairments and other costs | — |  |  | (184 | ) |  | (65 | ) |  | — |  |  | (249 | )
Settlement charges | — |  |  | (5 | ) |  | (14 | ) |  | — |  |  | (19 | )
Operating income (loss) | (1 | ) |  | (191 | ) |  | 585 |  |  | — |  |  | 393 |
Interest (expense) income, net: |  |  |  |  |  |  |  |  |
External | 1 |  |  | (196 | ) |  | — |  |  | — |  |  | (195 | )
Intercompany | — |  |  | (115 | ) |  | 115 |  |  | — |  |  | — |
Equity in earnings of subsidiaries | 127 |  |  | 32 |  |  | — |  |  | (159 | ) |  | — |
Income (loss) before income taxes | 127 |  |  | (470 | ) |  | 700 |  |  | (159 | ) |  | 198 |
Federal, state and local income tax benefit (expense) | — |  |  | 175 |  |  | (249 | ) |  | — |  |  | (74 | )
Net income (loss) | 127 |  |  | (295 | ) |  | 451 |  |  | (159 | ) |  | 124 |
Net loss attributable to noncontrolling interest |  |  |  | — |  |  | 3 |  |  | — |  |  | 3 |
Net income (loss) attributable to Macy's, Inc. shareholders | $ | 127 |  |  | $ | (295 | ) |  | $ | 454 |  |  | $ | (159 | ) |  | $ | 127 |
Comprehensive income (loss) | $ | 102 |  |  | $ | (320 | ) |  | $ | 436 |  |  | $ | (119 | ) |  | $ | 99 |
Comprehensive loss attributable to noncontrolling interest | — |  |  | — |  |  | 3 |  |  | — |  |  | 3 |
Comprehensive income (loss) attributable to Macy's, Inc. shareholders | $ | 102 |  |  | $ | (320 | ) |  | $ | 439 |  |  | $ | (119 | ) |  | $ | 102 |
Condensed Consolidating Statement of Comprehensive Income For the 26 Weeks Ended August 1, 2015 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Net sales | $ | — |  |  | $ | 5,537 |  |  | $ | 10,740 |  |  | $ | (3,941 | ) |  | $ | 12,336 |
Cost of sales | — |  |  | (3,497 | ) |  | (7,854 | ) |  | 3,941 |  |  | (7,410 | )
Gross margin | — |  |  | 2,040 |  |  | 2,886 |  |  | — |  |  | 4,926 |
Selling, general and administrative expenses | (1 | ) |  | (2,005 | ) |  | (2,075 | ) |  | — |  |  | (4,081 | )
Operating income (loss) | (1 | ) |  | 35 |  |  | 811 |  |  | — |  |  | 845 |
Interest (expense) income, net: |  |  |  |  |  |  |  |  |
External | — |  |  | (188 | ) |  | — |  |  | — |  |  | (188 | )
Intercompany | — |  |  | (115 | ) |  | 115 |  |  | — |  |  | — |
Equity in earnings of subsidiaries | 411 |  |  | 146 |  |  | — |  |  | (557 | ) |  | — |
Income (loss) before income taxes | 410 |  |  | (122 | ) |  | 926 |  |  | (557 | ) |  | 657 |
Federal, state and local income tax benefit (expense) | — |  |  | 79 |  |  | (326 | ) |  | — |  |  | (247 | )
Net income (loss) | 410 |  |  | (43 | ) |  | 600 |  |  | (557 | ) |  | 410 |
Net loss attributable to noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net income (loss) attributable to Macy's, Inc. shareholders | $ | 410 |  |  | $ | (43 | ) |  | $ | 600 |  |  | $ | (557 | ) |  | $ | 410 |
Comprehensive income (loss) | $ | 425 |  |  | $ | (28 | ) |  | $ | 609 |  |  | $ | (581 | ) |  | $ | 425 |
Comprehensive loss attributable to noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |
Comprehensive income (loss) attributable to Macy's, Inc. shareholders | $ | 425 |  |  | $ | (28 | ) |  | $ | 609 |  |  | $ | (581 | ) |  | $ | 425 |
Condensed Consolidating Statement of Cash Flows [Table Text Block] | Condensed Consolidating Statement of Cash Flows For the 26 Weeks Ended July 30, 2016 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 127 |  |  | $ | (295 | ) |  | $ | 451 |  |  | $ | (159 | ) |  | $ | 124 |
Impairments and other costs | — |  |  | 184 |  |  | 65 |  |  | — |  |  | 249 |
Settlement charges | — |  |  | 5 |  |  | 14 |  |  | — |  |  | 19 |
Equity in earnings of subsidiaries | (127 | ) |  | (32 | ) |  | — |  |  | 159 |  |  | — |
Dividends received from subsidiaries | 303 |  |  | 575 |  |  | — |  |  | (878 | ) |  | — |
Depreciation and amortization | — |  |  | 205 |  |  | 315 |  |  | — |  |  | 520 |
(Increase) decrease in working capital | 32 |  |  | 361 |  |  | (733 | ) |  | — |  |  | (340 | )
Other, net | 17 |  |  | (31 | ) |  | 2 |  |  | — |  |  | (12 | )
Net cash provided by operating activities | 352 |  |  | 972 |  |  | 114 |  |  | (878 | ) |  | 560 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of property and equipment and capitalized software, net | — |  |  | (50 | ) |  | (327 | ) |  | — |  |  | (377 | )
Other, net | — |  |  | 43 |  |  | (4 | ) |  | — |  |  | 39 |
Net cash used by investing activities | — |  |  | (7 | ) |  | (331 | ) |  | — |  |  | (338 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Debt repaid | — |  |  | (3 | ) |  | — |  |  | — |  |  | (3 | )
Dividends paid | (228 | ) |  | — |  |  | (878 | ) |  | 878 |  |  | (228 | )
Common stock acquired, net of issuance of common stock | (103 | ) |  | — |  |  | — |  |  | — |  |  | (103 | )
Proceeds from noncontrolling interest | — |  |  | — |  |  | 4 |  |  | — |  |  | 4 |
Intercompany activity, net | (139 | ) |  | (937 | ) |  | 1,076 |  |  | — |  |  | — |
Other, net | (2 | ) |  | (27 | ) |  | 28 |  |  | — |  |  | (1 | )
Net cash provided (used) by financing activities | (472 | ) |  | (967 | ) |  | 230 |  |  | 878 |  |  | (331 | )
Net increase (decrease) in cash and cash equivalents | (120 | ) |  | (2 | ) |  | 13 |  |  | — |  |  | (109 | )
Cash and cash equivalents at beginning of period | 741 |  |  | 91 |  |  | 277 |  |  | — |  |  | 1,109 |
Cash and cash equivalents at end of period | $ | 621 |  |  | $ | 89 |  |  | $ | 290 |  |  | $ | — |  |  | $ | 1,000 |
Condensed Consolidating Statement of Cash Flows For the 26 Weeks Ended August 1, 2015 (millions)
| Parent |  | Subsidiary Issuer |  | Other Subsidiaries |  | Consolidating Adjustments |  | Consolidated
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 410 |  |  | $ | (43 | ) |  | $ | 600 |  |  | $ | (557 | ) |  | $ | 410 |
Equity in earnings of subsidiaries | (411 | ) |  | (146 | ) |  | — |  |  | 557 |  |  | — |
Dividends received from subsidiaries | 337 |  |  | — |  |  | — |  |  | (337 | ) |  | — |
Depreciation and amortization | — |  |  | 214 |  |  | 306 |  |  | — |  |  | 520 |
Increase in working capital | (11 | ) |  | (17 | ) |  | (503 | ) |  | — |  |  | (531 | )
Other, net | 24 |  |  | 2 |  |  | (27 | ) |  | — |  |  | (1 | )
Net cash provided by operating activities | 349 |  |  | 10 |  |  | 376 |  |  | (337 | ) |  | 398 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Purchase of property and equipment and capitalized software, net | — |  |  | (158 | ) |  | (349 | ) |  | — |  |  | (507 | )
Other, net | — |  |  | 9 |  |  | (117 | ) |  | — |  |  | (108 | )
Net cash used by investing activities | — |  |  | (149 | ) |  | (466 | ) |  | — |  |  | (615 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Debt repaid | — |  |  | (72 | ) |  | — |  |  | — |  |  | (72 | )
Dividends paid | (227 | ) |  | — |  |  | (337 | ) |  | 337 |  |  | (227 | )
Common stock acquired, net of issuance of common stock | (751 | ) |  | — |  |  | — |  |  | — |  |  | (751 | )
Intercompany activity, net | (722 | ) |  | 262 |  |  | 460 |  |  | — |  |  | — |
Other, net | (46 | ) |  | (69 | ) |  | (21 | ) |  | — |  |  | (136 | )
Net cash provided (used) by financing activities | (1,746 | ) |  | 121 |  |  | 102 |  |  | 337 |  |  | (1,186 | )
Net increase (decrease) in cash and cash equivalents | (1,397 | ) |  | (18 | ) |  | 12 |  |  | — |  |  | (1,403 | )
Cash and cash equivalents at beginning of period | 1,908 |  |  | 94 |  |  | 244 |  |  | — |  |  | 2,246 |
Cash and cash equivalents at end of period | $ | 511 |  |  | $ | 76 |  |  | $ | 256 |  |  | $ | — |  |  | $ | 843 |

X
- References No definition available. + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed statement of comprehensive income (loss) including, but not limited to, statements of comprehensive income (loss) of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_CondensedStatementOfComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration