v3.24.2.u1
Condensed Consolidated Statements of Changes in Partners' Capital/Stockholders' Equity - USD ($)
Total
Additional Paid In Capital
Accumulated Other Comprehensive Income
Retained Earnings
Non-Controlling Interests
Class A Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Common Stock
Beginning balance (in shares) at Jan. 29, 2023             172,765,161 73,229,675
Beginning balance at Jan. 29, 2023 $ 2,410,000,000 $ 1,241,000,000 $ 45,000,000 $ 458,000,000 $ 663,000,000   $ 2,000,000 $ 1,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 133,000,000     86,000,000 47,000,000      
Equity-based compensation 2,000,000 1,000,000     1,000,000      
Net interest rate swap gain, net of tax (8,000,000)   (5,000,000)   (3,000,000)      
Distributions to non-controlling interest holders (17,000,000)       (17,000,000)      
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (in shares)             (9,377,183) (5,622,817)
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (332,000,000) (83,000,000)   (141,000,000) (108,000,000)      
Exchange of Partnership Interests and Class B Shares for Class A Shares (in shares)             2,325,080 2,325,080
Exchange of Partnership Interests and Class B Shares for Class A Shares 0 18,000,000 1,000,000   (19,000,000)      
Establishment/adjustment of deferred tax asset associated with Core & Main investment in Core & Main Holdings, LP 18,000,000 18,000,000            
Establishment of Tax Receivable Agreement liabilities (14,000,000) (14,000,000)            
Activity under equity-based compensation plans, net of tax withholdings (in shares)             93,460  
Activity under equity-based compensation plans, net of tax withholdings 0 0            
Ending balance (in shares) at Apr. 30, 2023             165,806,518 65,281,778
Ending balance at Apr. 30, 2023 2,192,000,000 1,181,000,000 41,000,000 403,000,000 564,000,000   $ 2,000,000 $ 1,000,000
Beginning balance (in shares) at Jan. 29, 2023             172,765,161 73,229,675
Beginning balance at Jan. 29, 2023 2,410,000,000 1,241,000,000 45,000,000 458,000,000 663,000,000   $ 2,000,000 $ 1,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 297,000,000              
Net interest rate swap gain, net of tax 0              
Ending balance (in shares) at Jul. 30, 2023             168,590,990 57,634,013
Ending balance at Jul. 30, 2023 2,213,000,000 1,196,000,000 49,000,000 447,000,000 518,000,000   $ 2,000,000 $ 1,000,000
Beginning balance (in shares) at Apr. 30, 2023             165,806,518 65,281,778
Beginning balance at Apr. 30, 2023 2,192,000,000 1,181,000,000 41,000,000 403,000,000 564,000,000   $ 2,000,000 $ 1,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 164,000,000     110,000,000 54,000,000      
Equity-based compensation 3,000,000 2,000,000     1,000,000      
Net interest rate swap gain, net of tax 8,000,000   6,000,000   2,000,000      
Distributions to non-controlling interest holders (12,000,000) (2,000,000)     (10,000,000)      
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (in shares)             (3,125,728) (1,874,272)
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (141,000,000) (32,000,000)   (66,000,000) (43,000,000)      
Exchange of Partnership Interests and Class B Shares for Class A Shares (in shares)             5,770,323 5,773,493
Exchange of Partnership Interests and Class B Shares for Class A Shares 0 48,000,000 2,000,000   (50,000,000)      
Establishment/adjustment of deferred tax asset associated with Core & Main investment in Core & Main Holdings, LP 45,000,000 45,000,000            
Establishment of Tax Receivable Agreement liabilities (47,000,000) (47,000,000)            
Activity under equity-based compensation plans, net of tax withholdings (in shares)             139,877  
Activity under equity-based compensation plans, net of tax withholdings 1,000,000 1,000,000            
Ending balance (in shares) at Jul. 30, 2023             168,590,990 57,634,013
Ending balance at Jul. 30, 2023 2,213,000,000 1,196,000,000 49,000,000 447,000,000 518,000,000   $ 2,000,000 $ 1,000,000
Beginning balance (in shares) at Jan. 28, 2024             191,663,608 9,630,186
Beginning balance at Jan. 28, 2024 1,524,000,000 1,214,000,000 46,000,000 189,000,000 73,000,000   $ 2,000,000 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 101,000,000     95,000,000 6,000,000      
Equity-based compensation 3,000,000 3,000,000            
Net interest rate swap gain, net of tax 18,000,000   17,000,000   1,000,000      
Distributions to non-controlling interest holders (4,000,000) (2,000,000)     (2,000,000)      
Exchange of Partnership Interests and Class B Shares for Class A Shares (in shares)             812,612 816,654
Exchange of Partnership Interests and Class B Shares for Class A Shares 0 4,000,000     (4,000,000)      
Establishment/adjustment of deferred tax asset associated with Core & Main investment in Core & Main Holdings, LP 13,000,000 13,000,000            
Establishment of Tax Receivable Agreement liabilities (10,000,000) (10,000,000)            
Tax withholdings under equity-based compensation plans (2,000,000) (2,000,000)            
Share issuances under equity-based compensation plans, net of tax withholdings (shares)             158,097  
Activity under equity-based compensation plans, net of tax withholdings 1,000,000 1,000,000            
Ending balance (in shares) at Apr. 28, 2024             192,634,317 8,813,532
Ending balance at Apr. 28, 2024 1,644,000,000 1,221,000,000 63,000,000 284,000,000 74,000,000   $ 2,000,000 $ 0
Beginning balance (in shares) at Jan. 28, 2024             191,663,608 9,630,186
Beginning balance at Jan. 28, 2024 1,524,000,000 1,214,000,000 46,000,000 189,000,000 73,000,000   $ 2,000,000 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 227,000,000              
Net interest rate swap gain, net of tax (15,000,000)              
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (in shares)           (429,996)    
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (21,000,000)              
Ending balance (in shares) at Jul. 28, 2024             192,642,689 8,483,709
Ending balance at Jul. 28, 2024 1,720,000,000 1,225,000,000 32,000,000 385,000,000 76,000,000   $ 2,000,000 $ 0
Beginning balance (in shares) at Apr. 28, 2024             192,634,317 8,813,532
Beginning balance at Apr. 28, 2024 1,644,000,000 1,221,000,000 63,000,000 284,000,000 74,000,000   $ 2,000,000 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 126,000,000     119,000,000 7,000,000      
Equity-based compensation 4,000,000 4,000,000            
Net interest rate swap gain, net of tax (33,000,000)   (31,000,000)   (2,000,000)      
Distributions to non-controlling interest holders (2,000,000) (1,000,000)     (1,000,000)      
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (in shares)             (429,996)  
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (21,000,000) (3,000,000)   (18,000,000)        
Exchange of Partnership Interests and Class B Shares for Class A Shares (in shares)             326,889 329,823
Exchange of Partnership Interests and Class B Shares for Class A Shares 0 2,000,000     (2,000,000)      
Establishment/adjustment of deferred tax asset associated with Core & Main investment in Core & Main Holdings, LP 5,000,000 5,000,000            
Establishment of Tax Receivable Agreement liabilities (4,000,000) (4,000,000)            
Activity under equity-based compensation plans, net of tax withholdings (in shares)             111,479  
Activity under equity-based compensation plans, net of tax withholdings 1,000,000 1,000,000            
Ending balance (in shares) at Jul. 28, 2024             192,642,689 8,483,709
Ending balance at Jul. 28, 2024 $ 1,720,000,000 $ 1,225,000,000 $ 32,000,000 $ 385,000,000 $ 76,000,000   $ 2,000,000 $ 0