v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Aug. 01, 2026
Aug. 02, 2025
Operating activities    
Net earnings $ 591 $ 388
Adjustments to reconcile net earnings to total cash provided by operating activities:    
Depreciation and amortization 389 422
Restructuring charges (15) 223
Stock-based compensation 74 75
Deferred income taxes 15 45
Loss on disposal of subsidiaries 0 4
Other, net 1 4
Changes in operating assets and liabilities:    
Receivables 119 123
Merchandise inventories (1,079) (717)
Other assets 19 (24)
Accounts payable 1,259 693
Income taxes (3) (167)
Other liabilities (74) (286)
Total cash provided by operating activities 1,296 783
Investing activities    
Additions to property and equipment (344) (341)
Disposal of subsidiary 0 (27)
Other, net 5 (1)
Total cash used in investing activities (339) (369)
Financing activities    
Repurchase of common stock (36) (165)
Dividends paid (405) (403)
Other, net (2) (6)
Total cash used in financing activities (443) (574)
Effect of exchange rate changes on cash and cash equivalents (3) 5
Increase (decrease) in cash, cash equivalents and restricted cash 511 (155)
Cash, cash equivalents and restricted cash at beginning of period 2,023 1,868
Cash, cash equivalents and restricted cash at end of period $ 2,534 $ 1,713