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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
May 02, 2020
May 04, 2019
Cash flows from operating activities:    
Net (loss) income $ (887,489) $ 700,178
Adjustments to reconcile net (loss) income to cash (used in) provided by operating activities:    
Depreciation and amortization 219,460 212,201
Loss on property disposals and impairment charges 26,424 2,304
Deferred income tax (benefit) provision (48,464) 8,098
Share-based compensation (11,531) 25,732
Changes in assets and liabilities:    
Decrease (increase) in accounts receivable 210,419 (47,658)
(Increase) in merchandise inventories (136,027) (487,085)
(Increase) in income taxes recoverable (434,674) (25,716)
(Increase) decrease in prepaid expenses and other current assets (39,580) 11,725
(Decrease) in accounts payable (1,567,597) (60,472)
(Decrease) in accrued expenses and other liabilities (578,178) (240,156)
(Decrease) increase in income taxes payable (13,290) 38,217
Increase in net operating lease liabilities 65,578 17,640
Other, net 34,466 (5,769)
Net cash (used in) provided by operating activities (3,160,483) 149,239
Cash flows from investing activities:    
Property additions (210,525) (316,909)
Purchase of investments (14,792) (14,642)
Sales and maturities of investments 4,214 4,842
Net cash (used in) investing activities (221,103) (326,709)
Cash flows from financing activities:    
Proceeds from long-term debt 4,988,452 0
Cash payments for debt issuance expenses (33,872) 0
Cash payments for repurchase of common stock (201,500) (397,294)
Cash dividends paid (278,250) (238,758)
Proceeds from issuance of common stock 37,444 59,772
Cash payments of employee tax withholdings for performance based stock awards (21,765) (23,305)
Net cash provided by (used in) financing activities 4,490,509 (599,585)
Effect of exchange rate changes on cash (37,840) (18,118)
Net increase (decrease) in cash and cash equivalents 1,071,083 (795,173)
Cash and cash equivalents at beginning of year 3,216,752 3,030,229
Cash and cash equivalents at end of period $ 4,287,835 $ 2,235,056