v3.25.1
Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Common Stock Including Additional Paid in Capital [Member]
Treasury Stock, Common [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Feb. 03, 2024 94,284,000        
Balance at Feb. 03, 2024 $ 776 $ (2) $ 2,482 $ (366) $ 2,890
Balance (in shares) at Feb. 03, 2024   (60,000)      
Restricted stock issued (in shares) 417,000        
Restricted stock issued         0
Share-based compensation expense $ 6       6
Shares of common stock used to satisfy tax withholding obligations (in shares)   (171,000)      
Shares of common stock used to satisfy tax withholding obligations   $ (4)     (4)
Net (loss) income     8   8
Translation adjustment, net of tax       (19) (19)
Change in fair value of derivatives, net of income tax benefit of $(1) and $(1), respectively       (1) (1)
Balance (in shares) at May. 04, 2024 94,940,000        
Balance at May. 04, 2024 $ 787 $ (6) 2,490 (385) $ 2,886
Balance (in shares) at May. 04, 2024   (231,000)     231,467
Issued under director and stock plans (in shares) 239,000        
Issued under director and stock plans $ 5       $ 5
Pension and postretirement adjustments, net of tax       1 1
Balance (in shares) at Feb. 01, 2025 95,094,000        
Balance at Feb. 01, 2025 $ 802 $ (4) 2,494 (383) $ 2,909 [1]
Balance (in shares) at Feb. 01, 2025   (148,000)     148,137 [1]
Restricted stock issued (in shares) 467,000        
Restricted stock issued         $ 0
Share-based compensation expense $ 6       6
Shares of common stock used to satisfy tax withholding obligations (in shares)   (165,000)      
Shares of common stock used to satisfy tax withholding obligations   $ (2)     (2)
Net (loss) income     (363)   (363)
Translation adjustment, net of tax       61 61
Change in fair value of derivatives, net of income tax benefit of $(1) and $(1), respectively       (3) (3)
Balance (in shares) at May. 03, 2025 95,561,000        
Balance at May. 03, 2025 $ 808 $ (6) $ 2,131 $ (325) $ 2,608
Balance (in shares) at May. 03, 2025   (313,000)     312,977
[1] The balance sheet at February 1, 2025 has been derived from the previously reported audited consolidated financial statements at that date, but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in Foot Locker, Inc.’s Annual Report on Form 10-K for the year ended February 1, 2025.