v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Aug. 01, 2026
Aug. 02, 2025
Operating activities    
Net income $ 137 $ 139
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 347 350
Share-based compensation 19 17
Deferred income taxes (21) 28
Impairments, store closing, and other costs   11
Non-cash lease expense 44 43
Other non-cash items (9) 3
Changes in operating assets and liabilities:    
Merchandise inventories (166) (48)
Other current and long-term assets 3 31
Accounts payable 247 93
Accrued and other long-term liabilities (77) (105)
Operating lease liabilities (46) (56)
Net cash provided by operating activities 478 506
Investing activities    
Acquisition of property and equipment (146) (200)
Proceeds from sale of property and equipment   21
Other (7)  
Net cash used in investing activities (153) (179)
Financing activities    
Proceeds from issuance of debt, net of discount   357
Deferred financing costs   (8)
Net repayments under revolving credit facility   (215)
Shares withheld for taxes on vested restricted shares (8) (4)
Dividends paid (28) (28)
Repayment of long-term borrowings (113) (353)
Discount on redemption of debt 15  
Finance lease and financing obligation payments (44) (46)
Proceeds from financing obligations 0 10
Net cash used in financing activities (178) (287)
Net increase in cash and cash equivalents 147 40
Cash and cash equivalents at beginning of period 674 134
Cash and cash equivalents at end of period 821 174
Supplemental information    
Interest paid, net of capitalized interest $ 146 $ 147