2023 Q1 Form 10-K Financial Statement

#000095017023008444 Filed on March 16, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2023
Revenue $6.019B $18.10B
YoY Change -7.39% -6.87%
Cost Of Revenue $4.444B $11.46B
YoY Change 6.96% 0.17%
Gross Profit $1.575B $6.641B
YoY Change -32.81% -16.95%
Gross Profit Margin 26.17% 36.69%
Selling, General & Admin $1.677B $5.587B
YoY Change -0.59% 1.99%
% of Gross Profit 106.48% 84.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $200.0M $808.0M
YoY Change -3.38% -3.58%
% of Gross Profit 12.7% 12.17%
Operating Expenses $1.877B $6.395B
YoY Change -0.9% 16.74%
Operating Profit -$302.0M $246.0M
YoY Change -167.11% -85.36%
Interest Expense -$78.00M -$304.0M
YoY Change 20.0% 16.92%
% of Operating Profit -123.58%
Other Income/Expense, Net
YoY Change
Pretax Income -$380.0M -$58.00M
YoY Change -198.7% -104.76%
Income Tax -$107.0M -$39.00M
% Of Pretax Income
Net Earnings -$273.0M -$19.00M
YoY Change -191.3% -102.03%
Net Earnings / Revenue -4.54% -0.1%
Basic Earnings Per Share -$0.15
Diluted Earnings Per Share -$2.53 -$0.16
COMMON SHARES
Basic Shares Outstanding 110.7M 120.0M
Diluted Shares Outstanding 120.0M

Balance Sheet

Concept 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $153.0M $153.0M
YoY Change -90.36% -90.36%
Cash & Equivalents $153.0M $153.0M
Short-Term Investments
Other Short-Term Assets $394.0M $394.0M
YoY Change 6.78% 140.24%
Inventory $3.189B $3.189B
Prepaid Expenses $170.0M
Receivables
Other Receivables $183.0M
Total Short-Term Assets $3.736B $3.736B
YoY Change -25.62% -25.62%
LONG-TERM ASSETS
Property, Plant & Equipment $10.23B $10.23B
YoY Change 40.06% 7.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $379.0M $379.0M
YoY Change -20.88% 871.79%
Total Long-Term Assets $10.61B $10.61B
YoY Change 5.76% 5.76%
TOTAL ASSETS
Total Short-Term Assets $3.736B $3.736B
Total Long-Term Assets $10.61B $10.61B
Total Assets $14.35B $14.35B
YoY Change -4.71% -4.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.330B $1.330B
YoY Change -20.97% -20.97%
Accrued Expenses $1.331B $1.331B
YoY Change -0.67% 29.73%
Deferred Revenue
YoY Change
Short-Term Debt $85.00M $85.00M
YoY Change
Long-Term Debt Due $369.0M $369.0M
YoY Change 212.71% 212.71%
Total Short-Term Liabilities $3.115B $3.115B
YoY Change -5.2% -5.2%
LONG-TERM LIABILITIES
Long-Term Debt $4.423B $4.423B
YoY Change 131.57% 9.4%
Other Long-Term Liabilities $2.915B $2.915B
YoY Change 669.13% 1.99%
Total Long-Term Liabilities $7.338B $7.338B
YoY Change 220.58% 6.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.115B $3.115B
Total Long-Term Liabilities $7.338B $7.338B
Total Liabilities $10.58B $10.58B
YoY Change 89.81% 1.82%
SHAREHOLDERS EQUITY
Retained Earnings $14.00B
YoY Change -1.84%
Common Stock $3.483B
YoY Change 3.08%
Preferred Stock
YoY Change
Treasury Stock (at cost) $13.72B
YoY Change 5.7%
Treasury Stock Shares $267.0M
Shareholders Equity $3.763B $3.763B
YoY Change
Total Liabilities & Shareholders Equity $14.35B $14.35B
YoY Change -4.71% -4.71%

Cashflow Statement

Concept 2023 Q1 2023
OPERATING ACTIVITIES
Net Income -$273.0M -$19.00M
YoY Change -191.3% -102.03%
Depreciation, Depletion And Amortization $200.0M $808.0M
YoY Change -3.38% -3.58%
Cash From Operating Activities $707.0M $282.0M
YoY Change 42.25% -87.58%
INVESTING ACTIVITIES
Capital Expenditures $93.00M $826.0M
YoY Change -151.96% -236.53%
Acquisitions
YoY Change
Other Investing Activities $12.00M $43.00M
YoY Change 22.86%
Cash From Investing Activities -$81.00M -$783.0M
YoY Change -54.75% 37.37%
FINANCING ACTIVITIES
Cash Dividend Paid $239.0M
YoY Change 62.59%
Common Stock Issuance & Retirement, Net $0.00 -$657.0M
YoY Change -148.49%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -667.0M -933.0M
YoY Change 10.43% -60.88%
NET CHANGE
Cash From Operating Activities 707.0M 282.0M
Cash From Investing Activities -81.00M -783.0M
Cash From Financing Activities -667.0M -933.0M
Net Change In Cash -41.00M -1.434B
YoY Change -85.66% 109.65%
FREE CASH FLOW
Cash From Operating Activities $707.0M $282.0M
Capital Expenditures $93.00M $826.0M
Free Cash Flow $614.0M -$544.0M
YoY Change -9.17% -118.92%

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SharesWithheldForTaxesOnVestedRestrictedShares
21000000
CY2022 kss Shares Withheld For Taxes On Vested Restricted Shares
SharesWithheldForTaxesOnVestedRestrictedShares
27000000
CY2021 kss Shares Withheld For Taxes On Vested Restricted Shares
SharesWithheldForTaxesOnVestedRestrictedShares
22000000
CY2023 us-gaap Payments Of Dividends
PaymentsOfDividends
239000000
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
147000000
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
108000000
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1044000000
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1497000000
CY2023 kss Sale Leaseback Other Payments Received
SaleLeasebackOtherPaymentsReceived
11000000
CY2022 kss Sale Leaseback Other Payments Received
SaleLeasebackOtherPaymentsReceived
15000000
CY2021 kss Sale Leaseback Other Payments Received
SaleLeasebackOtherPaymentsReceived
9000000
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1000000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1000000
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3000000
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-933000000
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
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1434000000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-684000000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1548000000
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
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
153000000
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
CY2023 us-gaap Interest Paid Net
InterestPaidNet
284000000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
246000000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
254000000
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
111000000
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
370000000
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
419000000
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">Business</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">As of January 28, 2023, we operated </span><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">1,170</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:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> 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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">). 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:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">Our authorized capital stock consists of </span><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">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:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> million shares of $</span><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">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:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> par value common stock and </span><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">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:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> million shares of $</span><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">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:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> 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:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> </span></p>
CY2023Q1 us-gaap Number Of Stores
NumberOfStores
1170
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
800000000
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023 us-gaap Fiscal Period
FiscalPeriod
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">Accounting Period</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">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:super;font-size:6.7pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;">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:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> 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:&quot;Arial&quot;, sans-serif;"><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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">The following fiscal periods are presented in these notes:</span></span></p><div style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;"><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:7.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> </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:21.426%;"/> <td style="width:46.576%;"/> <td style="width:31.999%;"/> </tr> <tr style="height:8.0pt;"> <td style="border-top:0.5pt solid rgba(0,0,0,1);background-color:rgba(166,166,166,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;border-left:0.5pt solid rgba(0,0,0,1);vertical-align:bottom;border-bottom:0.5pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:8.0pt;margin-top:0.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">Fiscal Year</span></p></td> <td style="border-top:0.5pt solid rgba(0,0,0,1);background-color:rgba(166,166,166,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:8.0pt;margin-top:0.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">Ended</span></p></td> <td style="border-top:0.5pt solid rgba(0,0,0,1);background-color:rgba(166,166,166,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:8.0pt;margin-top:0.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">Number of Weeks</span></p></td> </tr> <tr style="height:10.0pt;"> <td style="background-color:rgba(233,233,233,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;border-left:0.5pt 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;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">2022</span></p></td> <td style="background-color:rgba(233,233,233,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">January 28, 2023</span></p></td> <td style="background-color:rgba(233,233,233,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;"><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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">52 </span></span><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;"/></p></td> </tr> <tr style="height:10.0pt;"> <td style="background-color:rgba(255,255,255,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;border-left:0.5pt 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;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">2021</span></p></td> <td style="background-color:rgba(255,255,255,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">January 29, 2022</span></p></td> <td style="background-color:rgba(255,255,255,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;"><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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">52 </span></span><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;"/></p></td> </tr> <tr style="height:10.0pt;"> <td style="background-color:rgba(233,233,233,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;border-left:0.5pt solid rgba(0,0,0,1);vertical-align:top;border-bottom:0.5pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">2020</span></p></td> <td style="background-color:rgba(233,233,233,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">January 30, 2021</span></p></td> <td style="background-color:rgba(233,233,233,1);border-right:0.5pt solid rgba(0,0,0,1);word-break:break-word;white-space:pre-wrap;vertical-align:bottom;border-bottom:0.5pt solid rgba(0,0,0,1);text-align:left;"><p style="text-indent:0.0pt;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:center;"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;"><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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">52 </span></span><span style="font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;"/></p></td> </tr> </table></div>
CY2023 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2022 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2021 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;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:&quot;Arial&quot;, sans-serif;min-width:fit-content;">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. Actual results could differ from those estimates.</span></p>
CY2023Q1 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
76000000
CY2022Q1 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
64000000
CY2023Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
183000000
CY2022Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
175000000
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
170000000
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
164000000
CY2023Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
27000000
CY2022Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
15000000
CY2023Q1 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
14000000
CY2022Q1 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
15000000
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
394000000
CY2022Q1 us-gaap Other Assets Current
OtherAssetsCurrent
369000000
CY2023Q1 us-gaap Land
Land
1100000000
CY2022Q1 us-gaap Land
Land
1109000000
CY2023Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
1807000000
CY2022Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
1609000000
CY2023Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2787000000
CY2022Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2774000000
CY2023Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
49000000
CY2022Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
84000000
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
16414000000
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
15365000000
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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