Go to "Consolidated Statement of Cash Flows" on page 38 in the above link. Use Target's financial statements to calculate their free cash flow for the last three years as dollar and percent.
Consolidated Statements of Cash Flows 2017 2018 As Adjusted As Adjusted () 2016 (millions) Operating activities Net earnings $ 2,937 $ 2,914 $ 2,734 Earnings from discontinued operations, net of tax 6 68 Net earnings from continuing operations 2,930 2,908 2,666 Adjustments to reconcile net earnings to cash provided by operations: Depreciation and amortization 2,474 2,476 2,318 Share-based compensation expense 132 112 113 Deferred income taxes 322 (188) 40 Loss on debt extinguishment 123 422 Noncash losses / (gains) and other, net 95 208 (11) Changes in operating accounts: Inventory (900) 348) 293 Other assets (299) 156) 56 Accounts payable , 127 1,307 (166) Accrued and other liabilities 89 419 (394) Cash provided by operating activities-continuing operations 5,970 6,861 5,337 Cash provided by operating activities-discontinued operations 74 107 Cash provided by operations 5,973 5,935 5,444 Investing activities Expenditures for property and equipment (3,516) (2,533) (1,547) Proceeds from disposal of property and equipment 85 31 46 Cash paid for acquisitions, net of cash assumed 518) Other investments 15 (55 28 Cash required for investing activities 3,416) (3,075) (1,473) Financing activities Additions to long-term debt 739 1,977 Reductions of long-term debt (281) (2, 192) (2,649) Dividends paid (1,335) (1,338) (1,348) Repurchase of stock (2,124) (1,046) (3,706) Stock option exercises 96 108 221 Cash required for financing activities (3,644) (3,729) 5,505) Net (decrease) / increase in cash and cash equivalents (1,087) 131 (1,534) Cash and cash equivalents at beginning of period 2,643 2,512 4,046 Cash and cash equivalents at end of period $ 1,556 $ 2,643 $ 2,512 Supplemental information Interest paid, net of capitalized interest 476 $ 678 $ 999 Income taxes paid 373 934 1,514 Leased assets obtained in exchange for new finance lease liabilities 130 139 252 Leased assets obtained in exchange for new operating lease liabilities 246 212 148 See accompanying Notes to Consolidated Financial Statements. (a) Refer to Note 2 regarding the adoption of new accounting standards for revenue recognition, leases, and pensions. 38