XML 18 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 31, 2020
Nov. 02, 2019
Cash flows from operating activities:    
Net (loss) income $ (235,053) $ 2,287,403
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation and amortization 658,497 647,389
Loss on property disposals and impairment charges 38,970 6,253
Deferred income tax (benefit) provision (112,965) 42,120
Share-based compensation 58,909 86,590
Changes in assets and liabilities:    
(Increase) in accounts receivable (76,604) (99,476)
(Increase) in merchandise inventories (134,877) (1,701,704)
(Increase) in income taxes recoverable (138,679) (169,610)
(Increase) in prepaid expenses and other current assets (53,702) (62,358)
Increase in accounts payable 3,464,266 805,766
Increase in accrued expenses and other liabilities 550,261 133,651
Increase (decrease) in income taxes payable 20,131 (131,499)
Increase in net operating lease liabilities 226,909 32,056
Other, net 10,697 (3,053)
Net cash provided by operating activities 4,276,760 1,873,528
Cash flows from investing activities:    
Property additions (433,604) (992,712)
Purchase of investments (24,468) (24,052)
Sales and maturities of investments 13,894 11,590
Other 0 7,419
Net cash (used in) investing activities (444,178) (997,755)
Cash flows from financing activities:    
Cash payments on revolving credit facilities (1,000,000) 0
Proceeds from long-term debt including revolving credit facilities 4,988,452 0
Cash payments for debt issuance expenses (33,872) 0
Cash payments for repurchase of common stock (201,500) (1,190,390)
Cash dividends paid (278,250) (795,092)
Proceeds from issuance of common stock 87,721 175,285
Cash payments of employee tax withholdings for performance based stock awards (21,843) (23,297)
Net cash provided by (used in) financing activities 3,540,708 (1,833,494)
Effect of exchange rate changes on cash (8,049) (12,332)
Net increase (decrease) in cash and cash equivalents 7,365,241 (970,053)
Cash and cash equivalents at beginning of year 3,216,752 3,030,229
Cash and cash equivalents at end of period $ 10,581,993 $ 2,060,176