v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
May 03, 2025
May 04, 2024
Operating activities    
Net loss $ (15) $ (27)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 175 188
Share-based compensation 9 10
Deferred income taxes (2) (13)
Non-cash lease expense 21 22
Other non-cash items 2 3
Changes in operating assets and liabilities:    
Merchandise inventories (191) (202)
Other current and long-term assets 31 (81)
Accounts payable (16) 86
Accrued and other long-term liabilities (83) 34
Operating lease liabilities (23) (27)
Net cash used in operating activities (92) (7)
Investing activities    
Acquisition of property and equipment (110) (126)
Proceeds from sale of real estate 2 0
Net cash used in investing activities (108) (126)
Financing activities    
Net borrowings under revolving credit facility 255 263
Shares withheld for taxes on vested restricted shares (4) (9)
Dividends paid (14) (55)
Finance lease and financing obligation payments (21) (21)
Proceeds from financing obligations 3 0
Net cash provided by financing activities 219 178
Net increase in cash and cash equivalents 19 45
Cash and cash equivalents at beginning of period 134 183
Cash and cash equivalents at end of period 153 228
Supplemental information    
Interest paid, net of capitalized interest $ 68 $ 70