Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Apr. 29, 2017
Apr. 30, 2016
Cash flows from operating activities:    
Net income $ 200.5 $ 232.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 153.9 162.3
Provision for deferred taxes (23.0) (20.4)
Amortization of debt discount and debt-issuance costs 3.6 4.7
Receivable impairment 50.9 0.0
Other non-cash adjustments to net income 32.9 27.7
Changes in operating assets and liabilities 11.9 (96.0)
Net cash provided by operating activities 430.7 311.0
Cash flows from investing activities:    
Capital expenditures (110.3) (175.9)
Purchase of restricted investments 0.0 (36.1)
Proceeds from sale of restricted investments 0.0 118.1
Proceeds from fixed asset disposition 2.2 1.1
Net cash used in investing activities (108.1) (92.8)
Cash flows from financing activities:    
Principal payments for long-term debt (27.8) (20.8)
Proceeds from stock issued pursuant to stock-based compensation plans 11.8 14.4
Cash paid for taxes on exercises/vesting of stock-based compensation (17.6) (18.4)
Net cash used in financing activities (33.6) (24.8)
Effect of exchange rate changes on cash and cash equivalents (0.5) 0.2
Net increase in cash and cash equivalents 288.5 193.6
Cash and cash equivalents at beginning of period 866.4 736.1
Cash and cash equivalents at end of period 1,154.9 929.7
Cash paid for:    
Interest, net of amounts capitalized 121.0 131.8
Income taxes 7.3 85.5
Non-cash transactions:    
Accrued capital expenditures $ 43.2 $ 73.0