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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 29, 2022
Jul. 30, 2021
Cash flows from operating activities:    
Net income $ 1,230,687 $ 1,314,768
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 349,722 312,682
Deferred income taxes 81,419 70,755
Noncash share-based compensation 42,093 39,903
Other noncash (gains) and losses 214,128 51,036
Change in operating assets and liabilities:    
Merchandise inventories (1,528,744) (80,038)
Prepaid expenses and other current assets (87,244) (72,072)
Accounts payable 622,346 (245,382)
Accrued expenses and other liabilities 22,389 (25,479)
Income taxes 2,829 (44,080)
Other (1,609) (4,549)
Net cash provided by (used in) operating activities 948,016 1,317,544
Cash flows from investing activities:    
Purchases of property and equipment (658,784) (518,466)
Proceeds from sales of property and equipment 2,166 1,805
Net cash provided by (used in) investing activities (656,618) (516,661)
Cash flows from financing activities:    
Repayments of long-term obligations (4,696) (2,936)
Net increase (decrease) in commercial paper outstanding 1,041,233 18,400
Repurchases of common stock (1,095,396) (1,700,148)
Payments of cash dividends (249,462) (198,107)
Other equity and related transactions (1,643) 18,997
Net cash provided by (used in) financing activities (309,964) (1,863,794)
Net increase (decrease) in cash and cash equivalents (18,566) (1,062,911)
Cash and cash equivalents, beginning of period 344,829 1,376,577
Cash and cash equivalents, end of period 326,263 313,666
Supplemental noncash investing and financing activities:    
Right of use assets obtained in exchange for new operating lease liabilities 843,900 893,773
Purchases of property and equipment awaiting processing for payment, included in Accounts payable $ 139,023 $ 119,336