Schedule Of Supplemental Guarantor Financial Information [Text Block] | Supplemental Guarantor Financial Information The Company’s 2020 Notes, 2021 Notes, 2022 Notes, 2023 Notes, 2027 Notes, 2028 Notes, 2035 Notes, 2036 Notes, Secured Revolving Facility and Secured Foreign Facilities are jointly and severally guaranteed on a full and unconditional basis by the Guarantors. The Company is a holding company, and its most significant assets are the stock of its subsidiaries. The Guarantors represent: (a) substantially all of the sales of the Company’s domestic subsidiaries, (b) more than 90% of the assets owned by the Company’s domestic subsidiaries, other than real property, certain other assets and intercompany investments and balances and (c) more than 95% of the accounts receivable and inventory directly owned by the Company’s domestic subsidiaries. The following supplemental financial information sets forth for the Company and its guarantor and non-guarantor subsidiaries: the Condensed Consolidating Balance Sheets as of November 3, 2018 , February 3, 2018 and October 28, 2017 and the Condensed Consolidating Statements of Income (Loss), Comprehensive Income (Loss) and Cash Flows for the periods ended November 3, 2018 and October 28, 2017 . L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions) (Unaudited) November 3, 2018 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. ASSETS Current Assets: Cash and Cash Equivalents $ — $ 167 $ 181 $ — $ 348 Accounts Receivable, Net — 212 109 — 321 Inventories — 1,700 263 — 1,963 Other 15 165 121 — 301 Total Current Assets 15 2,244 674 — 2,933 Property and Equipment, Net — 2,019 915 — 2,934 Goodwill — 1,318 30 — 1,348 Trade Names — 411 — — 411 Net Investments in and Advances to/from Consolidated Affiliates 4,396 19,442 2,386 (26,224 ) — Deferred Income Taxes — 9 11 — 20 Other Assets 127 14 683 (641 ) 183 Total Assets $ 4,538 $ 25,457 $ 4,699 $ (26,865 ) $ 7,829 LIABILITIES AND EQUITY (DEFICIT) Current Liabilities: Accounts Payable $ — $ 585 $ 475 $ — $ 1,060 Accrued Expenses and Other 62 583 373 — 1,018 Current Debt — — 56 — 56 Income Taxes — — 8 — 8 Total Current Liabilities 62 1,168 912 — 2,142 Deferred Income Taxes (2 ) (43 ) 279 — 234 Long-term Debt 5,743 627 71 (627 ) 5,814 Other Long-term Liabilities 58 810 97 (14 ) 951 Total Equity (Deficit) (1,323 ) 22,895 3,340 (26,224 ) (1,312 ) Total Liabilities and Equity (Deficit) $ 4,538 $ 25,457 $ 4,699 $ (26,865 ) $ 7,829 L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions) February 3, 2018 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. ASSETS Current Assets: Cash and Cash Equivalents $ — $ 1,164 $ 351 $ — $ 1,515 Accounts Receivable, Net — 186 124 — 310 Inventories — 1,095 145 — 1,240 Other — 132 96 — 228 Total Current Assets — 2,577 716 — 3,293 Property and Equipment, Net — 1,984 909 — 2,893 Goodwill — 1,318 30 — 1,348 Trade Names — 411 — — 411 Net Investments in and Advances to/from Consolidated Affiliates 4,973 18,298 2,106 (25,377 ) — Deferred Income Taxes — 10 4 — 14 Other Assets 129 18 654 (611 ) 190 Total Assets $ 5,102 $ 24,616 $ 4,419 $ (25,988 ) $ 8,149 LIABILITIES AND EQUITY (DEFICIT) Current Liabilities: Accounts Payable $ 2 $ 349 $ 366 $ — $ 717 Accrued Expenses and Other 101 529 399 — 1,029 Current Debt — — 87 — 87 Income Taxes 6 174 18 — 198 Total Current Liabilities 109 1,052 870 — 2,031 Deferred Income Taxes (2 ) (46 ) 286 — 238 Long-term Debt 5,706 597 1 (597 ) 5,707 Other Long-term Liabilities 64 774 100 (14 ) 924 Total Equity (Deficit) (775 ) 22,239 3,162 (25,377 ) (751 ) Total Liabilities and Equity (Deficit) $ 5,102 $ 24,616 $ 4,419 $ (25,988 ) $ 8,149 L BRANDS, INC. CONDENSED CONSOLIDATING BALANCE SHEET (in millions) (Unaudited) October 28, 2017 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. ASSETS Current Assets: Cash and Cash Equivalents $ — $ 377 $ 358 $ — $ 735 Accounts Receivable, Net 1 181 103 — 285 Inventories — 1,519 196 — 1,715 Other (1 ) 74 122 — 195 Total Current Assets — 2,151 779 — 2,930 Property and Equipment, Net — 2,056 864 — 2,920 Goodwill — 1,318 30 — 1,348 Trade Names — 411 — — 411 Net Investments in and Advances to/from Consolidated Affiliates 4,552 18,111 1,687 (24,350 ) — Deferred Income Taxes — 10 13 — 23 Other Assets 130 26 640 (612 ) 184 Total Assets $ 4,682 $ 24,083 $ 4,013 $ (24,962 ) $ 7,816 LIABILITIES AND EQUITY (DEFICIT) Current Liabilities: Accounts Payable $ 2 $ 567 $ 468 $ — $ 1,037 Accrued Expenses and Other 108 485 303 — 896 Current Debt — — 80 — 80 Income Taxes — — 6 — 6 Total Current Liabilities 110 1,052 857 — 2,019 Deferred Income Taxes (2 ) (82 ) 451 — 367 Long-term Debt 5,705 597 — (597 ) 5,705 Other Long-term Liabilities 3 766 90 (15 ) 844 Total Equity (Deficit) (1,134 ) 21,750 2,615 (24,350 ) (1,119 ) Total Liabilities and Equity (Deficit) $ 4,682 $ 24,083 $ 4,013 $ (24,962 ) $ 7,816 L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (LOSS) (in millions) (Unaudited) Third Quarter 2018 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. Net Sales $ — $ 2,644 $ 965 $ (834 ) $ 2,775 Costs of Goods Sold, Buying and Occupancy — (1,786 ) (838 ) 777 (1,847 ) Gross Profit — 858 127 (57 ) 928 General, Administrative and Store Operating Expenses (2 ) (785 ) (127 ) 40 (874 ) Operating Income (Loss) (2 ) 73 — (17 ) 54 Interest Expense (94 ) (19 ) — 17 (96 ) Other Income (Loss) — 2 (1 ) — 1 Income (Loss) Before Income Taxes (96 ) 56 (1 ) — (41 ) Provision for Income Taxes 1 (1 ) 2 — 2 Equity in Earnings (Loss), Net of Tax 54 (92 ) (103 ) 141 — Net Income (Loss) $ (43 ) $ (35 ) $ (106 ) $ 141 $ (43 ) L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) (in millions) (Unaudited) Third Quarter 2018 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. Net Income (Loss) $ (43 ) $ (35 ) $ (106 ) $ 141 $ (43 ) Other Comprehensive Income (Loss), Net of Tax: Foreign Currency Translation — — (2 ) — (2 ) Unrealized Gain (Loss) on Cash Flow Hedges — — 1 — 1 Total Other Comprehensive Income (Loss), Net of Tax — — (1 ) — (1 ) Total Comprehensive Income (Loss) $ (43 ) $ (35 ) $ (107 ) $ 141 $ (44 ) L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) (Unaudited) Third Quarter 2017 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. Net Sales $ — $ 2,508 $ 947 $ (837 ) $ 2,618 Costs of Goods Sold, Buying and Occupancy — (1,639 ) (717 ) 727 (1,629 ) Gross Profit — 869 230 (110 ) 989 General, Administrative and Store Operating Expenses (2 ) (731 ) (104 ) 80 (757 ) Operating Income (Loss) (2 ) 138 126 (30 ) 232 Interest Expense (98 ) (28 ) (3 ) 30 (99 ) Other Income — 2 — — 2 Income (Loss) Before Income Taxes (100 ) 112 123 — 135 Provision for Income Taxes 1 27 21 — 49 Equity in Earnings (Loss), Net of Tax 187 166 67 (420 ) — Net Income (Loss) $ 86 $ 251 $ 169 $ (420 ) $ 86 L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) (Unaudited) Third Quarter 2017 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. Net Income (Loss) $ 86 $ 251 $ 169 $ (420 ) $ 86 Other Comprehensive Income (Loss), Net of Tax: Foreign Currency Translation — — (2 ) — (2 ) Unrealized Gain (Loss) on Cash Flow Hedges — — 10 — 10 Reclassification of Cash Flow Hedges to Earnings — — (4 ) — (4 ) Total Other Comprehensive Income (Loss), Net of Tax — — 4 — 4 Total Comprehensive Income (Loss) $ 86 $ 251 $ 173 $ (420 ) $ 90 L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) (Unaudited) Year-to-Date 2018 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. Net Sales $ — $ 7,907 $ 2,555 $ (2,077 ) $ 8,385 Costs of Goods Sold, Buying and Occupancy — (5,243 ) (2,157 ) 1,946 (5,454 ) Gross Profit — 2,664 398 (131 ) 2,931 General, Administrative and Store Operating Expenses (8 ) (2,228 ) (354 ) 96 (2,494 ) Operating Income (Loss) (8 ) 436 44 (35 ) 437 Interest Expense (288 ) (37 ) (5 ) 38 (292 ) Other Income (Loss) — 8 (7 ) — 1 Income (Loss) Before Income Taxes (296 ) 407 32 3 146 Provision (Benefit) for Income Taxes (1 ) 32 11 — 42 Equity in Earnings (Loss), Net of Tax 399 340 294 (1,033 ) — Net Income (Loss) $ 104 $ 715 $ 315 $ (1,030 ) $ 104 L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) (Unaudited) Year-to-Date 2018 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. Net Income (Loss) $ 104 $ 715 $ 315 $ (1,030 ) $ 104 Other Comprehensive Income (Loss), Net of Tax: Foreign Currency Translation — — (24 ) — (24 ) Unrealized Gain (Loss) on Cash Flow Hedges — — 10 — 10 Reclassification of Cash Flow Hedges to Earnings — — 3 — 3 Total Other Comprehensive Income (Loss), Net of Tax — — (11 ) — (11 ) Total Comprehensive Income (Loss) $ 104 $ 715 $ 304 $ (1,030 ) $ 93 L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF INCOME (in millions) (Unaudited) Year-to-Date 2017 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. Net Sales $ — $ 7,398 $ 2,472 $ (2,061 ) $ 7,809 Costs of Goods Sold, Buying and Occupancy — (4,779 ) (1,930 ) 1,819 (4,890 ) Gross Profit — 2,619 542 (242 ) 2,919 General, Administrative and Store Operating Expenses (8 ) (2,059 ) (290 ) 180 (2,177 ) Operating Income (Loss) (8 ) 560 252 (62 ) 742 Interest Expense (298 ) (61 ) (8 ) 67 (300 ) Other Income — 6 22 — 28 Income (Loss) Before Income Taxes (306 ) 505 266 5 470 Provision for Income Taxes 1 92 58 — 151 Equity in Earnings (Loss), Net of Tax 626 642 447 (1,715 ) — Net Income (Loss) $ 319 $ 1,055 $ 655 $ (1,710 ) $ 319 L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (in millions) (Unaudited) Year-to-Date 2017 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. Net Income (Loss) $ 319 $ 1,055 $ 655 $ (1,710 ) $ 319 Other Comprehensive Income (Loss), Net of Tax: Foreign Currency Translation — — 8 — 8 Unrealized Gain (Loss) on Cash Flow Hedges — — (7 ) — (7 ) Reclassification of Cash Flow Hedges to Earnings — — 1 — 1 Unrealized Gain (Loss) on Marketable Securities — — 1 — 1 Total Other Comprehensive Income (Loss), Net of Tax — — 3 — 3 Total Comprehensive Income (Loss) $ 319 $ 1,055 $ 658 $ (1,710 ) $ 322 L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (in millions) (Unaudited) Year-to-Date 2018 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. Net Cash Provided by (Used for) Operating Activities $ (361 ) $ 295 $ 79 $ — $ 13 Investing Activities: Capital Expenditures — (367 ) (194 ) — (561 ) Return of Capital from Easton Investments — — 15 — 15 Net Investments in Consolidated Affiliates — — (181 ) 181 — Other Investing Activities — 6 2 — 8 Net Cash Provided by (Used for) Investing Activities — (361 ) (358 ) 181 (538 ) Financing Activities: Payment of Long-term Debt (52 ) — — — (52 ) Borrowing from Secured Revolving Facility 85 — — — 85 Borrowings from Foreign Facilities — — 110 — 110 Repayments of Foreign Facilities — — (71 ) — (71 ) Dividends Paid (500 ) — — — (500 ) Repurchases of Common Stock (198 ) — — — (198 ) Tax Payments related to Share-based Awards (13 ) — — — (13 ) Proceeds from Exercise of Stock Options 1 — — — 1 Financing Costs and Other (3 ) (2 ) — — (5 ) Net Financing Activities and Advances to/from Consolidated Affiliates 1,041 (929 ) 69 (181 ) — Net Cash Provided by (Used for) Financing Activities 361 (931 ) 108 (181 ) (643 ) Effects of Exchange Rate Changes on Cash and Cash Equivalents — — 1 — 1 Net Increase (Decrease) in Cash and Cash Equivalents — (997 ) (170 ) — (1,167 ) Cash and Cash Equivalents, Beginning of Period — 1,164 351 — 1,515 Cash and Cash Equivalents, End of Period $ — $ 167 $ 181 $ — $ 348 L BRANDS, INC. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (in millions) (Unaudited) Year-to-Date 2017 L Brands, Inc. Guarantor Subsidiaries Non- guarantor Subsidiaries Eliminations Consolidated L Brands, Inc. Net Cash Provided by (Used for) Operating Activities $ (289 ) $ 230 $ 197 $ — $ 138 Investing Activities: Capital Expenditures — (461 ) (138 ) — (599 ) Return of Capital from Easton Investments — — 27 — 27 Net Investments in Consolidated Affiliates — — (12 ) 12 — Other Investing Activities — — (9 ) — (9 ) Net Cash Provided by (Used for) Investing Activities — (461 ) (132 ) 12 (581 ) Financing Activities: Borrowings from Foreign Facilities — — 67 — 67 Repayments of Foreign Facilities — — (23 ) — (23 ) Dividends Paid (516 ) — — — (516 ) Repurchases of Common Stock (283 ) — — — (283 ) Tax Payments related to Share-based Awards (31 ) — — — (31 ) Proceeds from Exercise of Stock Options 37 — — — 37 Financing Costs and Other (5 ) (4 ) — — (9 ) Net Financing Activities and Advances to/from Consolidated Affiliates 1,087 (950 ) (125 ) (12 ) — Net Cash Provided by (Used for) Financing Activities 289 (954 ) (81 ) (12 ) (758 ) Effects of Exchange Rate Changes on Cash and Cash Equivalents — — 2 — 2 Net Decrease in Cash and Cash Equivalents — (1,185 ) (14 ) — (1,199 ) Cash and Cash Equivalents, Beginning of Period — 1,562 372 — 1,934 Cash and Cash Equivalents, End of Period $ — $ 377 $ 358 $ — $ 735 |