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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 287 Months Ended
Nov. 20, 2021
Nov. 21, 2020
Nov. 20, 2021
Cash flows from operating activities:      
Net income $ 555,235 $ 442,433  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of property and equipment and intangibles 99,590 89,551  
Amortization of debt origination fees 2,639 3,150  
Deferred income taxes 18,096 10,295  
Share-based compensation expense 14,295 10,508  
Changes in operating assets and liabilities:      
Accounts receivable (1,576) 17,491  
Merchandise inventories (136,988) (124,746)  
Accounts payable and accrued expenses 89,268 56,273  
Income taxes payable 107,411 79,558  
Other, net 29,960 98,978  
Net cash provided by operating activities 777,930 683,491  
Cash flows from investing activities:      
Capital expenditures (102,269) (113,036)  
Purchase of marketable debt securities (7,026) (45,985)  
Proceeds from sale of marketable debt securities 3,709 51,210  
Proceeds (payments) from disposal of capital assets and other, net 14,625 (2,368)  
Net cash used in investing activities (90,961) (110,179)  
Cash flows from financing activities:      
Net proceeds from sale of common stock 21,100 28,666  
Purchase of treasury stock (899,997) (678,324) $ (26,600,000)
Repayment of principal portion of finance lease liabilities (13,687) (13,786)  
Other, net (3,362)    
Net cash used in financing activities (895,946) (663,444)  
Effect of exchange rate changes on cash (1,233) 3,322  
Net decrease in cash and cash equivalents (210,210) (86,810)  
Cash and cash equivalents at beginning of period 1,171,335 1,750,815  
Cash and cash equivalents at end of period $ 961,125 $ 1,664,005 $ 961,125