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Consolidated Statements of Cash Flows Year Ended Year Ended Year Ended ($000) January 28, 2023 January 29, 2022 January 30, 2021 Cash Flows From Operating
Consolidated Statements of Cash Flows
Year Ended | Year Ended | Year Ended | ||||||||||||||||||
($000) | January 28, 2023 | January 29, 2022 | January 30, 2021 | |||||||||||||||||
Cash Flows From Operating Activities | ||||||||||||||||||||
Net earnings | $ | 1,512,041 | $ | 1,722,589 | $ | 85,382 | ||||||||||||||
Adjustments to reconcile net earnings to net cash provided by operating activities: | ||||||||||||||||||||
Depreciation and amortization | 394,655 | 360,664 | 364,245 | |||||||||||||||||
Loss on early extinguishment of debt | 239,953 | |||||||||||||||||||
Stock-based compensation | 121,936 | 134,217 | 101,568 | |||||||||||||||||
Deferred income taxes | 79,417 | 15,775 | (27,812) | |||||||||||||||||
Change in assets and liabilities: | ||||||||||||||||||||
Merchandise inventory | 238,778 | (753,291) | 323,357 | |||||||||||||||||
Other current assets | (39,487) | 1,420 | (39,406) | |||||||||||||||||
Accounts payable | (365,262) | 135,311 | 938,837 | |||||||||||||||||
Other current liabilities | (304,454) | 198,595 | 171,444 | |||||||||||||||||
Income taxes | 33,876 | (44,579) | 39,806 | |||||||||||||||||
Operating lease assets and liabilities, net | 9,261 | 7,647 | 13,669 | |||||||||||||||||
Other long-term, net | 8,612 | (39,499) | 34,890 | |||||||||||||||||
Net cash provided by operating activities | 1,689,373 | 1,738,849 | 2,245,933 | |||||||||||||||||
Cash Flows From Investing Activities | ||||||||||||||||||||
Additions to property and equipment | (654,070) | (557,840) | (405,433) | |||||||||||||||||
Net cash used in investing activities | (654,070) | (557,840) | (405,433) | |||||||||||||||||
Cash Flows From Financing Activities | ||||||||||||||||||||
Issuance of common stock related to stock plans | 24,702 | 25,069 | 23,534 | |||||||||||||||||
Treasury stock purchased | (48,855) | (57,345) | (45,222) | |||||||||||||||||
Repurchase of common stock | (949,996) | (649,997) | (132,467) | |||||||||||||||||
Dividends paid | (431,295) | (405,123) | (101,404) | |||||||||||||||||
Net proceeds from issuance of short-term debt | 805,601 | |||||||||||||||||||
Payments of short-term debt | (805,601) | |||||||||||||||||||
Net proceeds from issuance of long-term debt | 2,965,115 | |||||||||||||||||||
Payments of long-term debt | (65,000) | (775,009) | ||||||||||||||||||
Payments of debt extinguishment and debt issuance costs | (232,688) | |||||||||||||||||||
Net cash (used in) provided by financing activities | (1,405,444) | (1,152,396) | 1,701,859 | |||||||||||||||||
Net (decrease) increase in cash, cash equivalents, and restricted cash and cash equivalents | (370,141) | 28,613 | 3,542,359 | |||||||||||||||||
Cash and cash equivalents, and restricted cash and cash equivalents: | ||||||||||||||||||||
Beginning of year | 4,982,382 | 4,953,769 | 1,411,410 | |||||||||||||||||
End of year | $ | 4,612,241 | $ | 4,982,382 | $ | 4,953,769 | ||||||||||||||
Supplemental Cash Flow Disclosures | ||||||||||||||||||||
Interest paid | $ | 80,316 | $ | 84,331 | $ | 72,471 | ||||||||||||||
Income taxes paid | $ | 362,156 | $ | 564,755 | $ | 8,921 | ||||||||||||||
The accompanying notes are an integral part of these consolidated financial statements. |
Cash Flow Statement
- Did your company use the Direct Method or the Indirect Method for reporting the Cash Flow Statement?
- Were there any supplemental disclosures on the Cash Flow Statement?
- If so, what were they for?
- Were there any Noncash Investing or Financing Activities?
- If so, was this reported on the Cash Flow Statement or in a Note?What were the Non-operating items?
- What was the biggest change in the operating assets and liabilities?
- Investing Activities
- What was the biggest use of cash?
- What was the biggest inflow of cash?
- Financing Activities
- What was the biggest use of cash?
- What was the biggest inflow of cash?
- Investing Activities
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