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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jan. 29, 2022
Jan. 30, 2021
Feb. 01, 2020
Operating activities      
Net earnings $ 2,454 $ 1,798 $ 1,541
Adjustments to reconcile net earnings to total cash provided by operating activities:      
Depreciation and amortization 869 839 812
Restructuring charges (34) 254 41
Stock-based compensation 141 135 143
Deferred income taxes 14 (36) 70
Other, net 11 3 21
Changes in operating assets and liabilities:      
Receivables 17 73 (131)
Merchandise inventories (328) (435) 237
Other assets (14) (51) 16
Accounts payable (201) 1,676 47
Income taxes (156) 173 (132)
Other liabilities 479 498 (100)
Total cash provided by operating activities 3,252 4,927 2,565
Investing activities      
Additions to property and equipment, net of $46, $32 and $10, respectively, of non-cash capital expenditures (737) (713) (743)
Purchases of investments (233) (620) (330)
Sales of investments 66 546 322
Acquisitions, net of cash acquired (468)   (145)
Other, net   (1) 1
Total cash used in investing activities (1,372) (788) (895)
Financing activities      
Repurchase of common stock (3,502) (312) (1,003)
Issuance of common stock 29 28 48
Dividends paid (688) (568) (527)
Borrowings of debt   1,892  
Repayments of debt (133) (1,916) (15)
Other, net (3)   (1)
Total cash used in financing activities (4,297) (876) (1,498)
Effect of exchange rate changes on cash and cash equivalents (3) 7 (1)
Increase (decrease) in cash, cash equivalents and restricted cash (2,420) 3,270 171
Cash, cash equivalents and restricted cash at beginning of period 5,625 2,355 2,184
Cash, cash equivalents and restricted cash at end of period 3,205 5,625 2,355
Supplemental cash flow information      
Income taxes paid 716 442 514
Interest paid $ 22 $ 50 $ 62