2021 Q1 Form 10-K Financial Statement

#000156459021014145 Filed on March 18, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q2 2020 Q1
Revenue $6.141B $2.428B $6.832B
YoY Change -10.11% -40.59% 0.13%
Cost Of Revenue $4.000B $1.787B $4.400B
YoY Change -9.09% -26.0% 1.27%
Gross Profit $2.141B $641.0M $2.432B
YoY Change -11.97% -61.66% -1.86%
Gross Profit Margin 34.86% 26.4% 35.6%
Selling, General & Admin $1.603B $1.066B $1.742B
YoY Change -7.98% -16.39% 2.83%
% of Gross Profit 74.87% 166.3% 71.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $218.0M $227.0M $230.0M
YoY Change -5.22% -1.3% -3.77%
% of Gross Profit 10.18% 35.41% 9.46%
Operating Expenses $1.603B $1.066B $1.742B
YoY Change -7.98% -16.39% 2.83%
Operating Profit $538.0M -$718.0M $690.0M
YoY Change -22.03% -708.47% -11.99%
Interest Expense -$70.00M -$58.00M -$50.00M
YoY Change 40.0% 11.54% -15.25%
% of Operating Profit -13.01% -7.25%
Other Income/Expense, Net
YoY Change
Pretax Income $246.0M -$776.0M $351.0M
YoY Change -29.91% -1275.76% -2.77%
Income Tax -$97.00M -$235.0M $86.00M
% Of Pretax Income -39.43% 24.5%
Net Earnings $343.0M -$541.0M $265.0M
YoY Change 29.43% -972.58% -2.57%
Net Earnings / Revenue 5.59% -22.28% 3.88%
Basic Earnings Per Share $2.23 -$3.52 $1.72
Diluted Earnings Per Share $2.20 -$3.52 $1.72
COMMON SHARES
Basic Shares Outstanding 154.0M 154.0M 154.0M
Diluted Shares Outstanding 156.0M 154.0M 154.0M

Balance Sheet

Concept 2021 Q1 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.271B $2.039B $723.0M
YoY Change 214.11% 275.51% -22.59%
Cash & Equivalents $2.271B $2.039B $723.0M
Short-Term Investments
Other Short-Term Assets $974.0M $400.0M $389.0M
YoY Change 150.39% -2.91% -8.69%
Inventory $2.590B $3.557B $3.537B
Prepaid Expenses $172.0M $171.0M
Receivables
Other Receivables $179.0M $182.0M
Total Short-Term Assets $5.835B $6.170B $4.649B
YoY Change 25.51% 33.12% -3.85%
LONG-TERM ASSETS
Property, Plant & Equipment $6.689B $9.542B $7.352B
YoY Change -9.02% -1.26% -1.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $415.0M $157.0M $163.0M
YoY Change 154.6% -5.99% -20.87%
Total Long-Term Assets $9.502B $9.699B $9.906B
YoY Change -4.08% -1.34% 29.76%
TOTAL ASSETS
Total Short-Term Assets $5.835B $6.170B $4.649B
Total Long-Term Assets $9.502B $9.699B $9.906B
Total Assets $15.34B $15.87B $14.56B
YoY Change 5.37% 9.7% 16.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.476B $1.866B $1.206B
YoY Change 22.39% 44.09% 1.6%
Accrued Expenses $1.270B $1.138B $1.281B
YoY Change -0.86% -15.2% -6.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $115.0M $124.0M $124.0M
YoY Change -7.26% 7.83% 7.83%
Total Short-Term Liabilities $3.022B $3.287B $2.769B
YoY Change 9.14% 17.73% 1.43%
LONG-TERM LIABILITIES
Long-Term Debt $2.451B $3.449B $1.856B
YoY Change 32.06% 85.93% -0.27%
Other Long-Term Liabilities $354.0M $222.0M $234.0M
YoY Change 51.28% -92.39% -63.66%
Total Long-Term Liabilities $2.805B $3.671B $2.090B
YoY Change 34.21% 1435.98% 224.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.022B $3.287B $2.769B
Total Long-Term Liabilities $2.805B $3.671B $2.090B
Total Liabilities $5.827B $6.958B $4.859B
YoY Change 19.92% -22.89% 44.01%
SHAREHOLDERS EQUITY
Retained Earnings $13.47B $13.09B $13.75B
YoY Change -2.02% 2.61%
Common Stock $3.323B $3.293B $3.276B
YoY Change 1.43% 2.05% 2.12%
Preferred Stock
YoY Change
Treasury Stock (at cost) $11.60B $11.59B $11.57B
YoY Change 0.21% 3.32% 4.47%
Treasury Stock Shares $219.0M $219.0M
Shareholders Equity $5.196B $4.790B $5.450B
YoY Change
Total Liabilities & Shareholders Equity $15.34B $15.87B $14.56B
YoY Change 5.37% 9.7% 16.73%

Cashflow Statement

Concept 2021 Q1 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income $343.0M -$541.0M $265.0M
YoY Change 29.43% -972.58% -2.57%
Depreciation, Depletion And Amortization $218.0M $227.0M $230.0M
YoY Change -5.22% -1.3% -3.77%
Cash From Operating Activities $428.0M $53.00M $612.0M
YoY Change -30.07% -61.03% -10.53%
INVESTING ACTIVITIES
Capital Expenditures -$70.00M -$162.0M -$177.0M
YoY Change -60.45% -31.93% 47.5%
Acquisitions
YoY Change
Other Investing Activities $3.000M $10.00M
YoY Change -70.0%
Cash From Investing Activities -$67.00M -$162.0M -$167.0M
YoY Change -59.88% -31.93% 39.17%
FINANCING ACTIVITIES
Cash Dividend Paid $108.0M
YoY Change 0.0%
Common Stock Issuance & Retirement, Net $8.000M
YoY Change
Debt Paid & Issued, Net $497.0M
YoY Change 8183.33%
Cash From Financing Activities -29.00M 1.425B -212.0M
YoY Change -86.32% -593.08% -68.69%
NET CHANGE
Cash From Operating Activities 428.0M 53.00M 612.0M
Cash From Investing Activities -67.00M -162.0M -167.0M
Cash From Financing Activities -29.00M 1.425B -212.0M
Net Change In Cash 332.0M 1.316B 233.0M
YoY Change 42.49% -436.57% -306.19%
FREE CASH FLOW
Cash From Operating Activities $428.0M $53.00M $612.0M
Capital Expenditures -$70.00M -$162.0M -$177.0M
Free Cash Flow $498.0M $215.0M $789.0M
YoY Change -36.88% -42.51% -1.87%

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<p style="text-align:justify;margin-top:9pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;color:#0070C0;font-family:Arial;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Business</p> <p style="text-align:justify;margin-top:9pt;margin-bottom:0pt;text-indent:0%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As of <span style="color:#000000;">January 30, 2021</span>, we operated 1,162 stores, a website (<span style="text-decoration:none;">www.Kohls.com</span>), and 12 FILA outlets. 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. Our website includes merchandise which is available in our stores, as well as merchandise which is available only online. </p> <p style="text-align:justify;margin-top:9pt;margin-bottom:0pt;text-indent:0%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our authorized capital stock consists of 800 million shares of $0.01 par value common stock and 10 million shares of $0.01 par value preferred stock. </p>
CY2021Q1 us-gaap Number Of Stores
NumberOfStores
1162
CY2021Q1 kss Number Of Outlets
NumberOfOutlets
12
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
800000000
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021 us-gaap Fiscal Period
FiscalPeriod
<p style="text-align:justify;margin-top:9pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;color:#0070C0;font-family:Arial;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Accounting Period</p> <p style="text-align:justify;margin-top:9pt;margin-bottom:0pt;text-indent:0%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our fiscal year ends on the Saturday closest to January 31<sup style="font-size:85%;line-height:120%;vertical-align:top">st</sup> each year. Unless otherwise stated, references to years in these notes relate to fiscal years rather than to calendar years. The following fiscal periods are presented in these notes:</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:7pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:60%;"> <tr style="height:14.4pt;"> <td style="background-color:#ACACAC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.28%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;"> Fiscal Year</p></td> <td style="background-color:#ACACAC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:48.16%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;">Ended</p></td> <td style="background-color:#ACACAC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.56%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Arial;font-style:normal;text-transform:none;font-variant: normal;">Number of Weeks </p></td> </tr> <tr> <td style="background-color:#E7E7E7;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.28%; border-top:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2020</p></td> <td style="background-color:#E7E7E7;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:48.16%; border-top:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">January 30, 2021</p></td> <td style="background-color:#E7E7E7;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.56%; border-top:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="-sec-ix-hidden:F_000366">52</span></p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.28%; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:48.16%; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">February 1, 2020</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.56%; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="-sec-ix-hidden:F_000367">52</span></p></td> </tr> <tr> <td style="background-color:#E7E7E7;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:25.28%; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#E7E7E7;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:48.16%; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">February 2, 2019</p></td> <td style="background-color:#E7E7E7;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:26.56%; border-bottom:solid 0.75pt #000000; border-left:solid 0.75pt #000000; border-right:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="-sec-ix-hidden:F_000368">52</span></p></td> </tr> </table></div> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;"> </p>
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#0070C0;font-family:Arial;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-top:9pt;margin-bottom:0pt;text-indent:0%;font-family:Arial;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">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.</p>
CY2021Q1 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
77000000
CY2020Q1 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
87000000
CY2021Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
610000000
CY2020Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
15000000
CY2021Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
179000000
CY2020Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
182000000
CY2021Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
172000000
CY2020Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
171000000
CY2021Q1 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
13000000
CY2020Q1 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
21000000
CY2021Q1 us-gaap Other Assets Current
OtherAssetsCurrent
974000000
CY2020Q1 us-gaap Other Assets Current
OtherAssetsCurrent
389000000
CY2021Q1 us-gaap Land
Land
1091000000
CY2020Q1 us-gaap Land
Land
1107000000
CY2021Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
1267000000
CY2020Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
1426000000
CY2021Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2855000000
CY2020Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2806000000
CY2021Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
313000000
CY2020Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
279000000
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
14272000000
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
14354000000
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7583000000
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7002000000
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6689000000
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7352000000
CY2020Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
18000000
CY2021Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
141000000
CY2020Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
145000000
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
415000000
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
163000000
CY2021 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
68000000
CY2020 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
73000000
CY2021Q1 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
232000000
CY2021Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
42000000
CY2021Q1 srt Payables To Customers
PayablesToCustomers
339000000
CY2020Q1 srt Payables To Customers
PayablesToCustomers
334000000
CY2021Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
196000000
CY2020Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
182000000
CY2021Q1 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
229000000
CY2020Q1 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
101000000
CY2021Q1 kss Accrued Credit Card Liabilities Current And Non Current
AccruedCreditCardLiabilitiesCurrentAndNonCurrent
52000000
CY2020Q1 kss Accrued Credit Card Liabilities Current And Non Current
AccruedCreditCardLiabilitiesCurrentAndNonCurrent
84000000
CY2021Q1 kss Accrued Capital
AccruedCapital
10000000
CY2020Q1 kss Accrued Capital
AccruedCapital
104000000
CY2021Q1 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
444000000
CY2020Q1 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
476000000
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1270000000
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1281000000
CY2021Q1 kss Estimated Self Insurance Related Liabilities Net Of Collateral Held By Third Parties
EstimatedSelfInsuranceRelatedLiabilitiesNetOfCollateralHeldByThirdParties
52000000
CY2020Q1 kss Estimated Self Insurance Related Liabilities Net Of Collateral Held By Third Parties
EstimatedSelfInsuranceRelatedLiabilitiesNetOfCollateralHeldByThirdParties
79000000
CY2021Q1 kss Value Of Insurance Risk Retained
ValueOfInsuranceRiskRetained
5000000
CY2021 kss Maintenance Deductible As Percent Of Losses Minimum
MaintenanceDeductibleAsPercentOfLossesMinimum
0.02
CY2021 kss Maintenance Deductible As Percent Of Losses Maximum
MaintenanceDeductibleAsPercentOfLossesMaximum
0.05
CY2021 kss Maintenance Deductible For Property Losses
MaintenanceDeductibleForPropertyLosses
5000000
CY2021Q1 srt Payables To Customers
PayablesToCustomers
339000000
CY2020Q1 srt Payables To Customers
PayablesToCustomers
334000000
CY2021 kss Advertising Costs Exclusive Of Vendor Allowances
AdvertisingCostsExclusiveOfVendorAllowances
824000000
CY2020 kss Advertising Costs Exclusive Of Vendor Allowances
AdvertisingCostsExclusiveOfVendorAllowances
1156000000
CY2019 kss Advertising Costs Exclusive Of Vendor Allowances
AdvertisingCostsExclusiveOfVendorAllowances
1133000000
CY2021 kss Allowances Received From Vendors For Advertising Expenses Incurred
AllowancesReceivedFromVendorsForAdvertisingExpensesIncurred
36000000
CY2020 kss Allowances Received From Vendors For Advertising Expenses Incurred
AllowancesReceivedFromVendorsForAdvertisingExpensesIncurred
130000000
CY2019 kss Allowances Received From Vendors For Advertising Expenses Incurred
AllowancesReceivedFromVendorsForAdvertisingExpensesIncurred
143000000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
788000000
CY2020 us-gaap Advertising Expense
AdvertisingExpense
1026000000
CY2019 us-gaap Advertising Expense
AdvertisingExpense
990000000
CY2021 kss Net Advertising To Net Sales
NetAdvertisingToNetSales
0.049
CY2020 kss Net Advertising To Net Sales
NetAdvertisingToNetSales
0.051
CY2019 kss Net Advertising To Net Sales
NetAdvertisingToNetSales
0.049
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-163000000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
691000000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
801000000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154000000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
157000000
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164000000
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000000
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154000000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
158000000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
165000000
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.06
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.39
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.88
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.06
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.37
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.84
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6000000
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000000
CY2021Q1 us-gaap Senior Notes
SeniorNotes
2467000000
CY2020Q1 us-gaap Senior Notes
SeniorNotes
1867000000
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
16000000
CY2020Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
11000000
CY2021Q1 us-gaap Unsecured Debt
UnsecuredDebt
2451000000
CY2020Q1 us-gaap Unsecured Debt
UnsecuredDebt
1856000000
CY2021Q1 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0590
CY2020Q1 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0474
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2398000000
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2391000000
CY2021Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
708000000
CY2020Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
672000000
CY2021Q1 kss Operating And Finance Lease Right Of Use Asset
OperatingAndFinanceLeaseRightOfUseAsset
3106000000
CY2020Q1 kss Operating And Finance Lease Right Of Use Asset
OperatingAndFinanceLeaseRightOfUseAsset
3063000000
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
161000000
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
158000000
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
98000000
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
69000000
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
76000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
134000000
CY2021Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
76000000
CY2020Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
88000000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2625000000
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2619000000
CY2021Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
926000000
CY2020Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
877000000
CY2021Q1 kss Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
3788000000
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
314000000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
314000000
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
79000000
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
72000000
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
102000000
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
98000000
CY2021 us-gaap Lease Cost
LeaseCost
495000000
CY2020 us-gaap Lease Cost
LeaseCost
484000000
CY2019 us-gaap Operating Expenses
OperatingExpenses
301000000
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
305000000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
320000000
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
102000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
313000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
170000000
CY2021Q1 kss Operating And Finance Lease Liability Payments Due Next Twelve Months
OperatingAndFinanceLeaseLiabilityPaymentsDueNextTwelveMonths
483000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
306000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
154000000
CY2021Q1 kss Operating And Finance Lease Liability Payments Due Year Two
OperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
460000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
293000000
CY2021Q1 kss Operating And Finance Lease Liability Payments Due Year Three
OperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
427000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
259000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
118000000
CY2021Q1 kss Operating And Finance Lease Liability Payments Due Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
377000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
244000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
113000000
CY2021Q1 kss Operating And Finance Lease Liability Payments Due Year Five
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFive
357000000
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3448000000
CY2021Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
1804000000
CY2021Q1 kss Operating And Finance Lease Liability Payments Due After Year Five
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CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.23
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154000000
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
155000000
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154000000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
156000000
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.52
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.20
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4087000000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4430000000
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4625000000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6832000000
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2415000000
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2550000000
CY2019Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2775000000
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4400000000
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1269000000
CY2019Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1419000000
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1742000000
CY2019Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
9000000
CY2019Q2 kss Impairments Store Closing And Other Costs
ImpairmentsStoreClosingAndOtherCosts
49000000
CY2019Q3 kss Impairments Store Closing And Other Costs
ImpairmentsStoreClosingAndOtherCosts
7000000
CY2020Q1 kss Impairments Store Closing And Other Costs
ImpairmentsStoreClosingAndOtherCosts
57000000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
123000000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
265000000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
161000000
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
159000000
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
156000000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154000000
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.52
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.72
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
162000000
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
159000000
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
157000000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154000000
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.51
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72

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