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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Nov. 02, 2019
Oct. 27, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss including noncontrolling interests $ (383,408) $ (19,291)
Income from discontinued operations, net of tax 24,954 2,070 [1]
Net loss from continuing operations (408,362) (21,361)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Depreciation and amortization 75,141 24,793
Share-based compensation 1,247 8,089
(Gain) loss on disposition of assets (1,308) 6
Closed property and other restructuring charges 4,969 412
Goodwill and asset impairment charges 425,405 0
Net pension and other postretirement benefit income (11,370) (844)
Deferred income tax (benefit) expense (62,560) 1,214
LIFO charge 6,546 0
Provision for doubtful accounts 13,098 3,037
Loss on debt extinguishment 73 1,114
Non-cash interest expense 3,833 345
Changes in operating assets and liabilities, net of acquired businesses (182,257) (118,124)
Net cash used in operating activities of continuing operations (135,545) (101,319)
Net cash provided by (used in) operating activities of discontinued operations 676 (5,701)
Net cash used in operating activities (134,869) (107,020)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (41,122) (16,381)
Purchases of acquired businesses, net of cash acquired 0 (2,273,829)
Proceeds from dispositions of assets 1,605 149,529
Payments for long-term investment 162 110
Payments of company owned life insurance premiums (1,204) 0
Net cash used in investing activities of continuing operations (40,883) (2,140,791)
Net cash provided by (used in) investing activities of discontinued operations 17,002 (89)
Net cash used in investing activities (23,881) (2,140,880)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings of long-term debt 2,050 1,905,547
Proceeds from borrowings under revolving credit line 1,338,446 1,805,300
Repayments of borrowings under revolving credit line (1,100,746) (688,000)
Repayments of long-term debt and finance leases (83,510) (110,000)
Proceeds from the issuance of common stock and exercise of stock options 1,735 118
Payment of employee restricted stock tax withholdings (819) (3,126)
Payments for debt issuance costs 0 (60,309)
Net cash provided by financing activities of continuing operations 157,156 2,849,530
Net cash used in financing activities of discontinued operations (1,060) 0
Net cash provided by financing activities 156,096 2,849,530
EFFECT OF EXCHANGE RATE CHANGES ON CASH (10) (49)
NET INCREASE IN CASH AND CASH EQUIVALENTS (2,664) 601,581
Cash and cash equivalents, at beginning of period 45,267 23,315
Cash and cash equivalents, including restricted cash at end of period 42,603 624,896
Less: cash and cash equivalents of discontinued operations (2,845) (4,633)
Cash and cash equivalents including restricted cash of continuing operations 39,758 620,263
Supplemental disclosures of cash flow information:    
Cash paid for interest 49,296 7,325
Cash (refunds) payments for federal and state income taxes, net $ (28,874) $ 462
[1]
These results reflect retail operations from the Supervalu acquisition date of October 22, 2018 to October 27, 2018.