2022 Q1 Form 10-K Financial Statement

#000095017022004076 Filed on March 17, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q1
Revenue $6.499B $19.43B $6.141B
YoY Change 5.83% 21.8% -10.11%
Cost Of Revenue $4.155B $11.44B $4.000B
YoY Change 3.88% 10.4% -9.09%
Gross Profit $2.344B $7.996B $2.141B
YoY Change 9.48% 42.91% -11.97%
Gross Profit Margin 36.07% 41.15% 34.86%
Selling, General & Admin $1.687B $5.478B $1.603B
YoY Change 5.24% 9.1% -7.98%
% of Gross Profit 71.97% 68.51% 74.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $207.0M $838.0M $218.0M
YoY Change -5.05% -4.12% -5.22%
% of Gross Profit 8.83% 10.48% 10.18%
Operating Expenses $1.894B $5.478B $1.603B
YoY Change 18.15% 9.1% -7.98%
Operating Profit $450.0M $1.680B $538.0M
YoY Change -16.36% -741.22% -22.03%
Interest Expense -$65.00M -$260.0M -$70.00M
YoY Change -7.14% -8.45% 40.0%
% of Operating Profit -14.44% -15.48% -13.01%
Other Income/Expense, Net
YoY Change
Pretax Income $385.0M $1.219B $246.0M
YoY Change 56.5% -323.26% -29.91%
Income Tax $86.00M $281.0M -$97.00M
% Of Pretax Income 22.34% 23.05% -39.43%
Net Earnings $299.0M $938.0M $343.0M
YoY Change -12.83% -675.46% 29.43%
Net Earnings / Revenue 4.6% 4.83% 5.59%
Basic Earnings Per Share $6.41 $2.23
Diluted Earnings Per Share $2.248M $6.32 $2.20
COMMON SHARES
Basic Shares Outstanding 128.6M 146.0 154.0M
Diluted Shares Outstanding 148.0 156.0M

Balance Sheet

Concept 2022 Q1 2022 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.587B $1.587B $2.271B
YoY Change -30.12% -30.12% 214.11%
Cash & Equivalents $1.587B $1.587B $2.271B
Short-Term Investments
Other Short-Term Assets $369.0M $164.0M $974.0M
YoY Change -62.11% -4.65% 150.39%
Inventory $3.067B $3.067B $2.590B
Prepaid Expenses $164.0M $172.0M
Receivables
Other Receivables $175.0M $179.0M
Total Short-Term Assets $5.023B $5.023B $5.835B
YoY Change -13.92% -13.92% 25.51%
LONG-TERM ASSETS
Property, Plant & Equipment $7.304B $9.552B $6.689B
YoY Change 9.19% 5.12% -9.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $479.0M $39.00M $415.0M
YoY Change 15.42% -7.14% 154.6%
Total Long-Term Assets $10.03B $10.03B $9.502B
YoY Change 5.57% 5.57% -4.08%
TOTAL ASSETS
Total Short-Term Assets $5.023B $5.023B $5.835B
Total Long-Term Assets $10.03B $10.03B $9.502B
Total Assets $15.05B $15.05B $15.34B
YoY Change -1.85% -1.85% 5.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.683B $1.683B $1.476B
YoY Change 14.02% 14.02% 22.39%
Accrued Expenses $1.340B $1.026B $1.270B
YoY Change 5.51% -6.04% -0.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $118.0M $118.0M $115.0M
YoY Change 2.61% 2.61% -7.26%
Total Short-Term Liabilities $3.286B $3.286B $3.022B
YoY Change 8.74% 8.74% 9.14%
LONG-TERM LIABILITIES
Long-Term Debt $1.910B $4.043B $2.451B
YoY Change -22.07% 5.34% 32.06%
Other Long-Term Liabilities $379.0M $2.858B $354.0M
YoY Change 7.06% -4.06% 51.28%
Total Long-Term Liabilities $2.289B $6.901B $2.805B
YoY Change -18.4% 1.23% 34.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.286B $3.286B $3.022B
Total Long-Term Liabilities $2.289B $6.901B $2.805B
Total Liabilities $5.575B $10.39B $5.827B
YoY Change -4.32% 2.48% 19.92%
SHAREHOLDERS EQUITY
Retained Earnings $14.26B $13.47B
YoY Change 5.86% -2.02%
Common Stock $3.379B $3.323B
YoY Change 1.69% 1.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $12.98B $11.60B
YoY Change 11.9% 0.21%
Treasury Stock Shares $246.0M $219.0M
Shareholders Equity $4.661B $4.661B $5.196B
YoY Change
Total Liabilities & Shareholders Equity $15.05B $15.05B $15.34B
YoY Change -1.85% -1.85% 5.37%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q1
OPERATING ACTIVITIES
Net Income $299.0M $938.0M $343.0M
YoY Change -12.83% -675.46% 29.43%
Depreciation, Depletion And Amortization $207.0M $838.0M $218.0M
YoY Change -5.05% -4.12% -5.22%
Cash From Operating Activities $497.0M $2.271B $428.0M
YoY Change 16.12% 69.73% -30.07%
INVESTING ACTIVITIES
Capital Expenditures -$179.0M -$605.0M -$70.00M
YoY Change 155.71% 81.14% -60.45%
Acquisitions
YoY Change
Other Investing Activities $0.00 $35.00M $3.000M
YoY Change -100.0% -82.23% -70.0%
Cash From Investing Activities -$179.0M -$570.0M -$67.00M
YoY Change 167.16% 316.06% -59.88%
FINANCING ACTIVITIES
Cash Dividend Paid $147.0M
YoY Change 36.11%
Common Stock Issuance & Retirement, Net $1.355B
YoY Change 16837.5%
Debt Paid & Issued, Net $1.044B
YoY Change -30.26%
Cash From Financing Activities -604.0M -2.385B -29.00M
YoY Change 1982.76% -787.32% -86.32%
NET CHANGE
Cash From Operating Activities 497.0M 2.271B 428.0M
Cash From Investing Activities -179.0M -570.0M -67.00M
Cash From Financing Activities -604.0M -2.385B -29.00M
Net Change In Cash -286.0M -684.0M 332.0M
YoY Change -186.14% -144.19% 42.49%
FREE CASH FLOW
Cash From Operating Activities $497.0M $2.271B $428.0M
Capital Expenditures -$179.0M -$605.0M -$70.00M
Free Cash Flow $676.0M $2.876B $498.0M
YoY Change 35.74% 72.01% -36.88%

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NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Proceeds From Issuance Of Debt
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CY2021 us-gaap Proceeds From Issuance Of Debt
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CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
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CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
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CY2022 us-gaap Repayments Of Long Term Debt
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CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8000000
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2022 kss Shares Withheld For Taxes On Vested Restricted Shares
SharesWithheldForTaxesOnVestedRestrictedShares
27000000
CY2021 kss Shares Withheld For Taxes On Vested Restricted Shares
SharesWithheldForTaxesOnVestedRestrictedShares
22000000
CY2020 kss Shares Withheld For Taxes On Vested Restricted Shares
SharesWithheldForTaxesOnVestedRestrictedShares
31000000
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
147000000
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1497000000
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6000000
CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
192000000
CY2022 kss Payments Of Finance Lease And Financing Obligation
PaymentsOfFinanceLeaseAndFinancingObligation
125000000
CY2021 kss Payments Of Finance Lease And Financing Obligation
PaymentsOfFinanceLeaseAndFinancingObligation
105000000
CY2020 kss Payments Of Finance Lease And Financing Obligation
PaymentsOfFinanceLeaseAndFinancingObligation
113000000
CY2022 kss Sale Leaseback Other Payments Received
SaleLeasebackOtherPaymentsReceived
15000000
CY2021 kss Sale Leaseback Other Payments Received
SaleLeasebackOtherPaymentsReceived
9000000
CY2020 kss Sale Leaseback Other Payments Received
SaleLeasebackOtherPaymentsReceived
11000000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1000000
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1000000
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2385000000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
347000000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1031000000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1548000000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-211000000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2271000000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
723000000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
934000000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1587000000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2271000000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
723000000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
246000000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
254000000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
193000000
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
370000000
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
419000000
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
172000000
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,112,192,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Arial;">Business</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">As of January 29, 2022, we operated </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">1,165</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> stores and a website (</span><span><span style="background-color:rgba(0,0,0,0);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">www.Kohls.com</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">). Our Kohl's stores and website sell moderately-priced private and national brand apparel, footwear, accessories, beauty, and home products. Our Kohl's stores generally carry a consistent merchandise assortment with some differences attributable to local preferences, store size, and Sephora. Our website includes merchandise which is available in our stores, as well as merchandise which is available only online.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">Our authorized capital stock consists of </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">800</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> million shares of $</span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">0.01</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> par value common stock and </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">10</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> million shares of $</span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">0.01</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> par value preferred stock.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> </span></p>
CY2022Q1 us-gaap Number Of Stores
NumberOfStores
1165
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
800000000
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022 us-gaap Fiscal Period
FiscalPeriod
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,112,192,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Arial;">Accounting Period</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">Our fiscal year ends on the Saturday closest to January 31</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;vertical-align:top;font-size:6.7pt;font-family:Arial;">st</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> each year. Unless otherwise stated, references to years in these notes relate to fiscal years rather than to calendar years. </span><span style="font-size:10.0pt;font-family:Arial;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">The following fiscal periods are presented in these notes:</span></span></p><div style="font-size:10.0pt;font-family:Arial;"><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:7.0pt;font-family:Arial;"> </span></p> <table style="margin-left:auto;border-spacing:0;table-layout:fixed;width:70.0%;border-collapse:separate;margin-right:auto;"> <tr style="visibility:collapse;"> <td style="width:21.433%;"/> <td style="width:46.572%;"/> <td style="width:31.996%;"/> </tr> <tr style="height:8.0pt;"> <td style="border-top:0.500pt solid rgba(0,0,0,1);background-color:rgba(166,166,166,1);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;border-left:0.500pt solid rgba(0,0,0,1);vertical-align:bottom;border-bottom:0.500pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:8.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:8.0pt;font-family:Arial;">Fiscal Year</span></p></td> <td style="border-top:0.500pt solid rgba(0,0,0,1);background-color:rgba(166,166,166,1);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;vertical-align:bottom;border-bottom:0.500pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:8.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:8.0pt;font-family:Arial;">Ended</span></p></td> <td style="border-top:0.500pt solid rgba(0,0,0,1);background-color:rgba(166,166,166,1);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;vertical-align:bottom;border-bottom:0.500pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:8.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:8.0pt;font-family:Arial;">Number of Weeks</span></p></td> </tr> <tr style="height:10.0pt;"> <td style="background-color:rgba(233,233,233,1);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;border-left:0.500pt solid rgba(0,0,0,1);vertical-align:top;text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">2021</span></p></td> <td style="background-color:rgba(233,233,233,1);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;vertical-align:bottom;text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">January 29, 2022</span></p></td> <td style="background-color:rgba(233,233,233,1);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;vertical-align:bottom;text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="font-size:10.0pt;font-family:Arial;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> 52 </span></span><span style="font-size:10.0pt;font-family:Arial;"/></p></td> </tr> <tr style="height:10.0pt;"> <td style="background-color:rgba(0,0,0,0);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;border-left:0.500pt solid rgba(0,0,0,1);vertical-align:top;text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">2020</span></p></td> <td style="background-color:rgba(0,0,0,0);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;vertical-align:bottom;text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">January 30, 2021</span></p></td> <td style="background-color:rgba(0,0,0,0);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;vertical-align:bottom;text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="font-size:10.0pt;font-family:Arial;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> 52 </span></span><span style="font-size:10.0pt;font-family:Arial;"/></p></td> </tr> <tr style="height:10.0pt;"> <td style="background-color:rgba(233,233,233,1);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;border-left:0.500pt solid rgba(0,0,0,1);vertical-align:top;border-bottom:0.500pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">2019</span></p></td> <td style="background-color:rgba(233,233,233,1);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;vertical-align:bottom;border-bottom:0.500pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">February 1, 2020</span></p></td> <td style="background-color:rgba(233,233,233,1);border-right:0.500pt solid rgba(0,0,0,1);word-break:break-word;vertical-align:bottom;border-bottom:0.500pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;line-height:1.05;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="font-size:10.0pt;font-family:Arial;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;"> 52 </span></span><span style="font-size:10.0pt;font-family:Arial;"/></p></td> </tr> </table></div>
CY2022 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2021 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2020 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,112,192,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Arial;">Use of Estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;">The preparation of Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying notes. We believe that our accounting estimates are appropriate and reflect the increased uncertainties surrounding the severity and duration of the COVID-19 pandemic. Actual results could differ from those estimates.</span></p>
CY2022Q1 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
64000000
CY2021Q1 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
77000000
CY2022Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
175000000
CY2021Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
179000000
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
164000000
CY2021Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
172000000
CY2022Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
15000000
CY2021Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
610000000
CY2022Q1 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
15000000
CY2021Q1 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
13000000
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
369000000
CY2021Q1 us-gaap Other Assets Current
OtherAssetsCurrent
974000000
CY2022Q1 us-gaap Land
Land
1109000000
CY2021Q1 us-gaap Land
Land
1091000000
CY2022Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
1609000000
CY2021Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
1267000000
CY2022Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2774000000
CY2021Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2855000000
CY2022Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
84000000
CY2021Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
313000000
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
15365000000
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
14272000000
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8061000000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7583000000
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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5000000
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CY2022Q1 us-gaap Unrecognized Tax Benefits
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276000000
CY2021Q1 us-gaap Unrecognized Tax Benefits
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298000000
CY2022Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2021Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2021Q1 us-gaap Taxes Payable Current
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CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
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CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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6100000
CY2022Q1 kss Number Of Vesting Installments
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CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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