Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Aug. 04, 2018
Jul. 29, 2017
Cash flows from operating activities:    
Net income $ 434.4 $ 434.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 304.0 305.2
Provision for deferred taxes (9.4) (6.8)
Amortization of debt discount and debt-issuance costs 51.7 8.4
Receivable impairment 0.0 53.5
Other non-cash adjustments to net income 49.1 49.2
Loss on debt extinguishment (114.7) 0.0
Changes in operating assets and liabilities (175.7) (168.6)
Net cash provided by operating activities 768.8 675.2
Cash flows from investing activities:    
Capital expenditures (394.3) (271.7)
Proceeds from (payments for) fixed asset disposition (0.4) 2.1
Net cash used in investing activities (394.7) (269.6)
Cash flows from financing activities:    
Principal payments for long-term debt (5,432.7) (569.3)
Proceeds from long-term debt, net of discount 4,775.8 0.0
Debt-issuance and debt extinguishment costs (155.3) 0.0
Repayments of revolving credit facility (50.0) 0.0
Proceeds from revolving credit facility 50.0 0.0
Proceeds from stock issued pursuant to stock-based compensation plans 10.2 14.9
Cash paid for taxes on exercises/vesting of stock-based compensation (21.7) (24.7)
Net cash used in financing activities (823.7) (579.1)
Effect of exchange rate changes on cash and cash equivalents (0.9) 0.4
Net decrease in cash and cash equivalents (450.5) (173.1)
Cash and cash equivalents at beginning of period 1,097.8 866.4
Cash and cash equivalents at end of period 647.3 693.3
Cash paid for:    
Interest, net of amounts capitalized 277.7 143.7
Income taxes 169.2 363.8
Non-cash transactions:    
Accrued capital expenditures $ 46.4 $ 37.6