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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
May 03, 2019
May 04, 2018
Cash flows from operating activities:    
Net income $ 385,013 $ 364,852
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 122,485 109,335
Deferred income taxes 10,303 8,046
Noncash share-based compensation 13,631 12,406
Other noncash (gains) and losses 3,527 3,340
Change in operating assets and liabilities:    
Merchandise inventories (14,252) 12,356
Prepaid expenses and other current assets (7,392) 3,294
Accounts payable 39,707 5,043
Accrued expenses and other liabilities (47,679) (55,124)
Income taxes 71,394 85,276
Other (2,542) (176)
Net cash provided by (used in) operating activities 574,195 548,648
Cash flows from investing activities:    
Purchases of property and equipment (144,757) (164,630)
Proceeds from sales of property and equipment 453 631
Net cash provided by (used in) investing activities (144,304) (163,999)
Cash flows from financing activities:    
Issuance of long-term obligations   499,495
Repayments of long-term obligations (525) (400,330)
Net increase (decrease) in commercial paper outstanding (121,300) (237,200)
Costs associated with issuance and retirement of debt   (4,444)
Repurchases of common stock (199,986) (150,001)
Payments of cash dividends (82,756) (77,657)
Other equity and related transactions 10,300 2,017
Net cash provided by (used in) financing activities (394,267) (368,120)
Net increase (decrease) in cash and cash equivalents 35,624 16,529
Cash and cash equivalents, beginning of period 235,487 267,441
Cash and cash equivalents, end of period 271,111 283,970
Supplemental schedule of noncash investing and financing activities:    
Right of use assets obtained in exchange for new operating lease liabilities 358,806  
Purchases of property and equipment awaiting processing for payment, included in Accounts payable $ 91,384 $ 66,684