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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Feb. 03, 2023
Jan. 28, 2022
Jan. 29, 2021
Cash flows from operating activities:      
Net income $ 2,415,989 $ 2,399,232 $ 2,655,050
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation and amortization 724,877 641,316 574,237
Deferred income taxes 235,299 114,359 34,976
Noncash share-based compensation 72,712 78,178 68,609
Other noncash (gains) and losses 530,530 191,040 11,570
Change in operating assets and liabilities:      
Merchandise inventories (1,665,352) (550,114) (575,827)
Prepaid expenses and other current assets (65,102) (47,471) (16,516)
Accounts payable (194,722) 98,735 745,596
Accrued expenses and other liabilities (25,409) (37,328) 388,597
Income taxes (37,517) (14,642) (6,522)
Other (6,750) (7,494) (3,611)
Net cash provided by (used in) operating activities 1,984,555 2,865,811 3,876,159
Cash flows from investing activities:      
Purchases of property and equipment (1,560,582) (1,070,460) (1,027,963)
Proceeds from sales of property and equipment 5,236 4,903 3,053
Net cash provided by (used in) investing activities (1,555,346) (1,065,557) (1,024,910)
Cash flows from financing activities:      
Issuance of long-term obligations 2,296,053   1,494,315
Repayments of long-term obligations (911,330) (6,402) (4,640)
Net increase (decrease) in commercial paper outstanding 1,447,600 54,300 (425,200)
Borrowings under revolving credit facilities     300,000
Repayments of borrowings under revolving credit facilities     (300,000)
Costs associated with issuance of debt (16,925) (2,268) (13,574)
Repurchases of common stock (2,748,014) (2,549,669) (2,466,434)
Payments of cash dividends (493,726) (392,188) (355,926)
Other equity and related transactions 33,880 64,225 56,467
Net cash provided by (used in) financing activities (392,462) (2,832,002) (1,714,992)
Net increase (decrease) in cash and cash equivalents 36,747 (1,031,748) 1,136,257
Cash and cash equivalents, beginning of period 344,829 1,376,577 240,320
Cash and cash equivalents, end of period 381,576 344,829 1,376,577
Cash paid for:      
Interest 195,312 159,803 128,211
Income taxes 500,814 568,267 721,570
Supplemental noncash investing and financing activities:      
Right of use assets obtained in exchange for new operating lease liabilities 1,836,718 1,778,564 1,721,530
Purchases of property and equipment awaiting processing for payment, included in Accounts payable $ 150,694 $ 143,589 $ 118,059