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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
5 Months Ended 6 Months Ended
Feb. 09, 2019
Feb. 15, 2020
Cash flows from operating activities:    
Net income $ 646,044 $ 649,620
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment and intangibles 166,230 180,420
Amortization of debt origination fees 3,668 4,216
Deferred income taxes 7,211 11,154
Share-based compensation expense 21,558 22,107
Changes in operating assets and liabilities:    
Accounts receivable (38,338) (28,897)
Merchandise inventories (364,392) (262,234)
Accounts payable and accrued expenses 256,969 6,571
Income taxes payable 31,701 11,124
Other, net 86,418 57,563
Net cash provided by operating activities 817,069 651,644
Cash flows from investing activities:    
Capital expenditures (195,832) (190,563)
Purchase of marketable debt securities (21,054) (56,347)
Proceeds from sale of marketable debt securities 34,531 70,812
Proceeds from disposal of capital assets and other, net 6,152 1,185
Net cash used in investing activities (176,203) (174,913)
Cash flows from financing activities:    
Net proceeds from commercial paper 103,500 242,700
Net proceeds from sale of common stock 107,578 48,705
Purchase of treasury stock (847,097) (764,846)
Repayment of principal portion of finance lease liabilities (25,529) (29,324)
Net cash used in financing activities (661,548) (502,765)
Effect of exchange rate changes on cash (1,477) 2,704
Net (decrease) in cash and cash equivalents (22,159) (23,330)
Cash and cash equivalents at beginning of period 217,824 176,300
Cash and cash equivalents at end of period $ 195,665 $ 152,970