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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
May 05, 2023
Apr. 29, 2022
Cash flows from operating activities:    
Net income $ 514,380 $ 552,657
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 201,907 172,563
Deferred income taxes 50,442 81,679
Noncash share-based compensation 25,083 26,945
Other noncash (gains) and losses 28,630 68,585
Change in operating assets and liabilities:    
Merchandise inventories (601,138) (538,921)
Prepaid expenses and other current assets (56,866) (34,482)
Accounts payable 116,363 172,110
Accrued expenses and other liabilities (176,804) (116,384)
Income taxes 86,992 64,814
Other 2,126 (50)
Net cash provided by (used in) operating activities 191,115 449,516
Cash flows from investing activities:    
Purchases of property and equipment (363,141) (281,580)
Proceeds from sales of property and equipment 1,539 736
Net cash provided by (used in) investing activities (361,602) (280,844)
Cash flows from financing activities:    
Repayments of long-term obligations (4,505) (3,034)
Net increase (decrease) in commercial paper outstanding 3,068 705,300
Borrowings under revolving credit facilities 500,000  
Repayments of borrowings under revolving credit facilities (250,000)  
Repurchases of common stock   (746,773)
Payments of cash dividends (129,401) (125,262)
Other equity and related transactions (17,187) (8,119)
Net cash provided by (used in) financing activities 101,975 (177,888)
Net increase (decrease) in cash and cash equivalents (68,512) (9,216)
Cash and cash equivalents, beginning of period 381,576 344,829
Cash and cash equivalents, end of period 313,064 335,613
Supplemental noncash investing and financing activities:    
Right of use assets obtained in exchange for new operating lease liabilities 386,055 396,628
Purchases of property and equipment awaiting processing for payment, included in Accounts payable $ 160,510 $ 141,202