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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
8 Months Ended
May 06, 2017
May 07, 2016
Cash flows from operating activities:    
Net income $ 846,969 $ 814,239
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment and intangibles 219,988 203,465
Amortization of debt origination fees 5,802 5,407
Deferred income taxes 7,809 (2,000)
Share-based compensation expense 29,343 28,452
Changes in operating assets and liabilities:    
Accounts receivable 10,835 (47,509)
Merchandise inventories (233,628) (185,732)
Accounts payable and accrued expenses 15,012 140,129
Income taxes payable 93,478 120,329
Other, net 13,622 18,449
Net cash provided by operating activities 1,009,230 1,095,229
Cash flows from investing activities:    
Capital expenditures (357,934) (299,922)
Purchase of intangibles   (10,000)
Purchase of marketable securities (68,016) (95,368)
Proceeds from sale of marketable securities 65,649 85,990
Disposal of capital assets and other, net 1,068 2,996
Net cash used in investing activities (359,233) (316,304)
Cash flows from financing activities:    
Net (payments) proceeds from commercial paper 30,700 (19,100)
Proceeds from issuance of debt 600,000 650,000
Repayment of debt (400,000) (300,000)
Net proceeds from sale of common stock 43,283 51,194
Purchase of treasury stock (844,183) (1,082,725)
Payments of capital lease obligations (34,286) (28,716)
Other, net (7,359) (7,932)
Net cash used in financing activities (611,845) (737,279)
Effect of exchange rate changes on cash (745) (3,575)
Net increase in cash and cash equivalents 37,407 38,071
Cash and cash equivalents at beginning of period 189,734 175,309
Cash and cash equivalents at end of period $ 227,141 $ 213,380