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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Feb. 01, 2020
Jan. 26, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss including noncontrolling interests $ (413,468) $ (361,187)
Income from discontinued operations, net of tax 27,061 23,477 [1]
Net loss from continuing operations (440,529) (384,664)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Depreciation and amortization 144,360 97,993
Share-based compensation 3,951 14,511
(Gain) loss on disposition of assets 1,269 (60)
Closed property and other restructuring charges 16,907 20,701
Goodwill and asset impairment charges 425,405 370,871
Net pension and other postretirement benefit income (14,633) (11,750)
Deferred income tax benefit (60,260) (65,605)
LIFO charge 12,943 6,265
Provision for doubtful accounts 45,503 7,958
Loss on debt extinguishment 73 2,117
Non-cash interest expense 7,393 4,298
Changes in operating assets and liabilities, net of acquired businesses (151,247) (62,679)
Net cash used in operating activities of continuing operations (8,865) (44)
Net cash provided by operating activities of discontinued operations 47,947 25,910
Net cash provided by operating activities 39,082 25,866
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (84,627) (80,137)
Purchases of acquired businesses, net of cash acquired 0 (2,281,934)
Proceeds from dispositions of assets 11,737 168,274
Payments for long-term investment (162) (110)
Payments of company owned life insurance premiums (1,310) 0
Other 0 363
Net cash used in investing activities of continuing operations (74,362) (2,193,544)
Net cash provided by investing activities of discontinued operations 16,677 44,263
Net cash used in investing activities (57,685) (2,149,281)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings of long-term debt 2,050 1,905,000
Proceeds from borrowings under revolving credit line 2,269,989 2,698,604
Repayments of borrowings under revolving credit line (2,162,821) (1,666,600)
Repayments of long-term debt and finance leases (93,326) (713,366)
Proceeds from the issuance of common stock and exercise of stock options 2,027 118
Payment of employee restricted stock tax withholdings (872) (3,141)
Payments for debt issuance costs 0 (64,519)
Net cash provided by financing activities of continuing operations 17,047 2,156,096
Net cash used in financing activities of discontinued operations (1,398) (254)
Net cash provided by financing activities 15,649 2,155,842
EFFECT OF EXCHANGE RATE CHANGES ON CASH 19 (1,868)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (2,935) 30,559
Cash and cash equivalents, at beginning of period 45,263 23,315
Cash and cash equivalents, including restricted cash at end of period 42,328 53,874
Less: cash and cash equivalents of discontinued operations (2,264) (4,359)
Cash and cash equivalents 40,064 49,515
Supplemental disclosures of cash flow information:    
Cash paid for interest 94,010 66,016
Cash (refunds) payments for federal and state income taxes, net $ (24,376) $ 13,449
[1]
These results reflect retail operations from the Supervalu acquisition date of October 22, 2018 to January 26, 2019.