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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
8 Months Ended
May 04, 2024
May 06, 2023
Cash flows from operating activities:    
Net income $ 1,760,219 $ 1,663,585
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 374,416 339,087
Other non-cash (income) charges (40,000) 74,000
Amortization of debt origination fees 8,155 6,065
Deferred income taxes 9,016 (3,424)
Share-based compensation expense 71,314 62,389
Changes in operating assets and liabilities:    
Accounts receivable (66,550) 38,317
Merchandise inventories (353,813) (93,163)
Accounts payable and accrued expenses 126,488 (239,900)
Income taxes 69,746 64,041
Other, net (25,125) (38,221)
Net cash provided by operating activities 1,933,866 1,872,776
Cash flows from investing activities:    
Capital expenditures (725,910) (430,441)
Purchase of marketable debt securities (17,551) (48,445)
Proceeds from sale of marketable debt securities 21,245 37,544
Investment in tax credit equity investments (193,327) (50,685)
Other, net (715) 13,051
Net cash used in investing activities (916,258) (478,976)
Cash flows from financing activities:    
Net proceeds from commercial paper 631,300 524,000
Proceeds from issuance of debt 1,000,000 1,000,000
Repayment of debt (300,000) (300,000)
Net proceeds from sale of common stock 154,367 154,863
Purchase of treasury stock (2,437,176) (2,699,996)
Repayment of principal portion of finance lease liabilities (62,455) (60,927)
Other, net (5,001) (6,247)
Net cash used in financing activities (1,018,965) (1,388,307)
Effect of exchange rate changes on cash (339) 5,043
Net (decrease)/increase in cash and cash equivalents (1,696) 10,536
Cash and cash equivalents at beginning of period 277,054 264,380
Cash and cash equivalents at end of period $ 275,358 $ 274,916