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Compute the Free Cash Flow amount (show work to get full points) and comment on the amount Consolidated Statements of Cash 12 Months Ended Flows
Compute the Free Cash Flow amount (show work to get full points) and comment on the amount
Consolidated Statements of Cash 12 Months Ended Flows - USD ($) $ in Millions Jan. 30, 2021 Feb. 01, 2020 Feb. 02, 2019 Operating activities Net earnings $ 4,368 $ 3,281 $ 2,937 Earnings from discontinued operations, 0 12 7 net of tax Net earnings from continuing operations 4,368 3,269 2,930 Adjustments to reconcile net earnings to cash provided by operations: Depreciation and amortization 2,485 2,604 2,474 Share-based compensation expense 200 147 132 Deferred income taxes (184) 178 322 Loss on debt extinguishment 512 10 0 Noncash losses / (gains) and other, net 86 29 95 Changes in operating accounts: Inventory (1,661) 505 (900) Other assets (137) 18 (299) Accounts payable 2,925 140 1,127 Accrued and other liabilities 1,931 199 89 Cash provided by operating activities 10,525 7,099 - continuing operations 5,970 Cash provided by operating activities 0 18 3 -discontinued operations Cash provided by operations 10,525 7,117 5,973 Investing activities Expenditures for property and equipment (2,649) (3,027) (3,516) Proceeds from disposal of property and 42 63 equipment 85 Other investments 16 20 15 Cash required for investing activities (2,591) (2,944) (3,416) Financing activities Additions to long-term debt 2,480 1,739 0 Reductions of long-term debt (2,415) (2,069) (281) Dividends paid (1,343) (1,330) (1,335) Repurchase of stock (745) (1,565) (2,124) Stock option exercises 23 73 96 Cash required for financing activities (2,000) (3,152) (3,644) Net increase / (decrease) in cash and 5,934 1,021 cash equivalents (1,087) Cash and cash equivalents at beginning 2,577 of period 1,556 2,643 Cash and cash equivalents at end of 8,511 period 2,577 1,556 Supplemental information Interest paid, net of capitalized interest 939 492 476 Income taxes paid 1,031 696 373 Leased assets obtained in exchange for 428 379 130 new finance lease liabilities Leased assets obtained in exchange for $ 262 $ 464 S 246 new operating lease liabilitiesStep by Step Solution
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