Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Nov. 02, 2019
Nov. 03, 2018
Cash flows from operating activities:    
Net income $ 704.0 $ 716.2
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 466.3 454.4
Provision for deferred income taxes 50.3 13.8
Amortization of debt discount and debt-issuance costs 4.9 53.7
Other non-cash adjustments to net income 76.7 63.3
Loss on debt extinguishment 0.0 114.7
Changes in operating assets and liabilities (287.7) (365.2)
Net cash provided by operating activities 1,014.5 1,050.9
Cash flows from investing activities:    
Capital expenditures (782.3) (622.7)
Proceeds from governmental grant 16.5 0.0
Proceeds from (payments for) fixed asset disposition (2.9)  
Proceeds from (payments for) fixed asset disposition   3.3
Net cash used in investing activities (768.7) (619.4)
Cash flows from financing activities:    
Proceeds from long-term debt, net of discount 0.0 4,775.8
Principal payments for long-term debt 0.0 (5,432.7)
Debt-issuance and debt extinguishment costs 0.0 (155.3)
Proceeds from revolving credit facility 0.0 50.0
Repayments of revolving credit facility 0.0 (50.0)
Proceeds from stock issued pursuant to stock-based compensation plans 12.3 14.2
Cash paid for taxes on exercises/vesting of stock-based compensation (24.3) (22.6)
Payments for repurchase of stock (200.0) 0.0
Net cash used in financing activities (212.0) (820.6)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (0.2) (0.4)
Net increase (decrease) in cash, cash equivalents and restricted cash 33.6 (389.5)
Cash, cash equivalents and restricted cash at beginning of period 446.7 1,097.8
Cash, cash equivalents and restricted cash at end of period 480.3 708.3
Cash paid for:    
Interest, net of amounts capitalized 89.7 289.3
Income taxes 248.9 197.9
Non-cash transactions:    
Accrued capital expenditures $ 73.8 $ 51.2