Cash Flow

Consolidated Statements of Cash Flows - 1Q 2009 (Unaudited)
(millions)

	13 Weeks Ended
	May 2, 2009	May 3, 2008
Cash flows from operating activities:
Net loss	$(88)	$(59)
Adjustments to reconcile net loss to net cash provided (used) by operating activities:
Stock-based compensation expense	27	21
Division consolidation costs	138	87
Depreciation and amortization	303	315
Amortization of financing costs and premium on acquired debt	(6)	(7)
Changes in assets and liabilities:
Decrease in receivables	62	78
Increase in merchandise inventories	(257)	(224)
Increase in supplies and prepaid expenses	(27)	(31)
Increase in other assets not separately identified	(3)	-
Increase in merchandise accounts payable	516	586
Decrease in accounts payable and accrued liabilities not separately identified	(479)	(353)
Decrease in current income taxes	(234)	(408)
Increase in deferred income taxes	43	22
Decrease in other liabilities not separately identified	(30)	(6)
Net cash provided (used) by operating activities	(35)	21

Cash flows from investing activities:
Purchase of property and equipment	(57)	(81)
Capitalized software	(18)	(27)
Disposition of property and equipment	7	9
Net cash used by investing activities	(68)	(99)

Cash flows from financing activities:
Debt issued	-	-
Financing costs	-	-
Debt repaid	(837)	(6)
Dividends paid	(21)	(55)
Decrease in outstanding checks	(50)	(83)
Acquisition of treasury stock	-	-
Issuance of common stock	-	5
Net cash used by financing activities	(908)	(139)

Net decrease in cash and cash equivalents	(1,011)	(217)

Cash and cash equivalents at beginning of period	1,306	583
Cash and cash equivalents at end of period	$295	$366

Historical Data:
Consolidated Financial Statements:

2009

2008