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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Aug. 04, 2023
Jul. 29, 2022
Cash flows from operating activities:    
Net income $ 983,215 $ 1,230,687
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 410,287 349,722
Deferred income taxes 58,147 81,419
Noncash share-based compensation 33,893 42,093
Other noncash (gains) and losses 57,367 214,128
Change in operating assets and liabilities:    
Merchandise inventories (817,001) (1,528,744)
Prepaid expenses and other current assets (78,358) (87,244)
Accounts payable 107,810 622,346
Accrued expenses and other liabilities (12,438) 22,389
Income taxes (17,613) 2,829
Other 1,412 (1,609)
Net cash provided by (used in) operating activities 726,721 948,016
Cash flows from investing activities:    
Purchases of property and equipment (767,935) (658,784)
Proceeds from sales of property and equipment 3,234 2,166
Net cash provided by (used in) investing activities (764,701) (656,618)
Cash flows from financing activities:    
Issuance of long-term obligations 1,498,260  
Repayments of long-term obligations (8,843) (4,696)
Net increase (decrease) in commercial paper outstanding (1,205,400) 1,041,233
Borrowings under revolving credit facilities 500,000  
Repayments of borrowings under revolving credit facilities (500,000)  
Costs associated with issuance of debt (12,448)  
Repurchases of common stock   (1,095,396)
Payments of cash dividends (258,885) (249,462)
Other equity and related transactions (3,262) (1,643)
Net cash provided by (used in) financing activities 9,422 (309,964)
Net increase (decrease) in cash and cash equivalents (28,558) (18,566)
Cash and cash equivalents, beginning of period 381,576 344,829
Cash and cash equivalents, end of period 353,018 326,263
Supplemental noncash investing and financing activities:    
Right of use assets obtained in exchange for new operating lease liabilities 745,786 843,900
Purchases of property and equipment awaiting processing for payment, included in Accounts payable $ 171,527 $ 139,023