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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 30, 2021
Feb. 01, 2020
Feb. 02, 2019
Cash flows from operating activities:      
Net income $ 90,470 $ 3,272,193 $ 3,059,798
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 870,758 867,303 819,655
Loss on early extinguishment of debt 312,233 0 0
Loss on property disposals and impairment charges 83,794 16,054 17,653
Deferred income tax (benefit) (230,690) (6,233) (88,594)
Share-based compensation 58,519 124,957 103,557
Pension settlement charge 0 0 36,122
Changes in assets and liabilities:      
(Increase) in accounts receivable (71,091) (42,998) (23,532)
Decrease (increase) in merchandise inventories 588,756 (296,541) (465,429)
Decrease (increase) in income taxes recoverable 10,707 (34,177) 15,452
(Increase) decrease in prepaid expenses and other current assets (57,450) (17,084) 220,890
Increase in accounts payable 2,111,189 29,338 198,212
Increase in accrued expenses and other liabilities 584,502 345,745 169,418
Increase (decrease) in income taxes payable 52,791 (128,342) 40,965
Increase in net operating lease liabilities 200,243 29,617 0
Other, net (42,842) (93,292) (15,708)
Net cash provided by operating activities 4,561,889 4,066,540 4,088,459
Cash flows from investing activities:      
Property additions (568,021) (1,223,116) (1,125,139)
Investment in Familia 0 (230,156) 0
Purchases of investments (29,100) (28,838) (161,625)
Sales and maturities of investments 18,524 12,720 636,560
Other 0 7,419 26,652
Net cash (used in) investing activities (578,597) (1,461,971) (623,552)
Cash flows from financing activities:      
Payments on revolving credit facilities (1,000,000) 0 0
Proceeds from long-term debt including revolving credit facilities 5,986,873 0 0
Payments of long-term debt and extinguishment expenses (1,418,358) 0 0
Payments for debt issuance expenses (42,377) 0 0
Payments for repurchase of common stock (201,500) (1,551,992) (2,406,997)
Proceeds from issuance of common stock 211,189 232,106 255,241
Payments of employee tax withholdings for performance based stock awards (29,309) (23,423) (16,014)
Cash dividends paid (278,256) (1,071,562) (922,596)
Other 0 0 (7,115)
Net cash provided by (used in) financing activities 3,228,262 (2,414,871) (3,097,481)
Effect of exchange rate changes on cash 41,264 (3,175) (95,674)
Net increase in cash and cash equivalents 7,252,818 186,523 271,752
Cash and cash equivalents at beginning of year 3,216,752 3,030,229 2,758,477
Cash and cash equivalents at end of year $ 10,469,570 $ 3,216,752 $ 3,030,229