v3.24.3
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              
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 455,000,000              
Net interest rate swap gain, net of tax (4,000,000)              
Ending balance (in shares) at Oct. 29, 2023             173,340,005 47,889,727
Ending balance at Oct. 29, 2023 2,215,000,000 1,227,000,000 49,000,000 491,000,000 446,000,000   $ 2,000,000 $ 0
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
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 158,000,000     112,000,000 46,000,000      
Equity-based compensation 3,000,000 2,000,000     1,000,000      
Net interest rate swap gain, net of tax (4,000,000)   (3,000,000)   (1,000,000)      
Distributions to non-controlling interest holders (7,000,000)       (7,000,000)      
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 (145,000,000) (35,000,000)   (68,000,000) (42,000,000)      
Exchange of Partnership Interests and Class B Shares for Class A Shares (in shares)             7,847,494 7,870,014
Exchange of Partnership Interests and Class B Shares for Class A Shares 0 67,000,000 3,000,000   (69,000,000)     $ (1,000,000)
Establishment/adjustment of deferred tax asset associated with Core & Main investment in Core & Main Holdings, LP 65,000,000 65,000,000            
Establishment of Tax Receivable Agreement liabilities 68,000,000 (68,000,000)            
Activity under equity-based compensation plans, net of tax withholdings (in shares)             27,249  
Activity under equity-based compensation plans, net of tax withholdings 0              
Ending balance (in shares) at Oct. 29, 2023             173,340,005 47,889,727
Ending balance at Oct. 29, 2023 2,215,000,000 1,227,000,000 49,000,000 491,000,000 446,000,000   $ 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 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 367,000,000              
Net interest rate swap gain, net of tax (24,000,000)              
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (in shares)           (2,890,483)    
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (121,000,000)              
Ending balance (in shares) at Oct. 27, 2024             190,189,434 8,483,709
Ending balance at Oct. 27, 2024 1,750,000,000 1,213,000,000 23,000,000 433,000,000 79,000,000   $ 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 140,000,000     133,000,000 7,000,000      
Equity-based compensation 4,000,000 4,000,000            
Net interest rate swap gain, net of tax (9,000,000)   (9,000,000)          
Distributions to non-controlling interest holders (1,000,000)       (1,000,000)      
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (in shares)             (2,460,487)  
Repurchase and Retirement of Class A and Class B shares and corresponding Partnership Interest (100,000,000) (12,000,000)   (85,000,000) (3,000,000)      
Establishment/adjustment of deferred tax asset associated with Core & Main investment in Core & Main Holdings, LP (3,000,000) (3,000,000)            
Establishment of Tax Receivable Agreement liabilities (1,000,000) (1,000,000)            
Activity under equity-based compensation plans, net of tax withholdings (in shares)             7,232  
Activity under equity-based compensation plans, net of tax withholdings 0              
Ending balance (in shares) at Oct. 27, 2024             190,189,434 8,483,709
Ending balance at Oct. 27, 2024 $ 1,750,000,000 $ 1,213,000,000 $ 23,000,000 $ 433,000,000 $ 79,000,000   $ 2,000,000 $ 0