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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 299 Months Ended
Nov. 19, 2022
Nov. 20, 2021
Nov. 19, 2022
Cash flows from operating activities:      
Net income $ 539,318 $ 555,235  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of property and equipment 109,253 99,590  
Other non-cash 81,000    
Amortization of debt origination fees 1,905 2,639  
Deferred income taxes 13,816 18,096  
Share-based compensation expense 19,005 14,295  
Changes in operating assets and liabilities:      
Accounts receivable 4,100 (1,576)  
Merchandise inventories (39,308) (136,988)  
Accounts payable and accrued expenses 6,574 89,268  
Income taxes 73,954 107,411  
Other, net (16,030) 29,960  
Net cash provided by operating activities 793,587 777,930  
Cash flows from investing activities:      
Capital expenditures (114,397) (102,269)  
Purchase of marketable debt securities (11,989) (7,026)  
Proceeds from sale of marketable debt securities 4,893 3,709  
Investment in tax credit equity investments (2,474)    
Proceeds from disposal of capital assets and other, net 10,080 14,625  
Net cash used in investing activities (113,887) (90,961)  
Cash flows from financing activities:      
Net proceeds from commercial paper 204,900    
Net proceeds from sale of common stock 40,828 21,100  
Purchase of treasury stock (899,998) (899,997) $ (31,000,000)
Repayment of principal portion of finance lease liabilities (20,598) (13,687)  
Other, net (783) (3,362)  
Net cash used in financing activities (675,651) (895,946)  
Effect of exchange rate changes on cash 1,361 (1,233)  
Net increase/(decrease) in cash and cash equivalents 5,410 (210,210)  
Cash and cash equivalents at beginning of period 264,380 1,171,335  
Cash and cash equivalents at end of period $ 269,790 $ 961,125 $ 269,790