XML 18 R7.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Aug. 03, 2019
Aug. 04, 2018
Cash flows from operating activities:    
Net income $ 1,459,140 $ 1,456,007
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 427,834 396,315
Loss on property disposals and impairment charges 3,215 8,605
Deferred income tax provision (benefit) 37,855 (18,227)
Share-based compensation 55,400 49,941
Changes in assets and liabilities:    
(Increase) in accounts receivable (35,848) (33,180)
(Increase) in merchandise inventories (560,386) (385,593)
(Increase) decrease in prepaid expenses and other current assets (240,103) 73,769
(Decrease) increase in accounts payable (6,823) 237,690
(Decrease) in accrued expenses and other liabilities (113,799) (107,970)
(Decrease) in income taxes payable (116,460) (72,534)
Other (10,781) (44,158)
Net cash provided by operating activities 899,244 1,560,665
Cash flows from investing activities:    
Property additions (578,018) (573,900)
Purchase of investments (18,994) (152,869)
Sales and maturities of investments 9,374 629,056
Other 7,419 26,652
Net cash (used in) investing activities (580,219) (71,061)
Cash flows from financing activities:    
Cash payments for repurchase of common stock (699,751) (989,999)
Cash dividends paid (517,448) (440,874)
Proceeds from issuance of common stock 102,475 163,485
Cash payments of employee tax withholdings for performance based stock awards (23,297) (16,015)
Other 0 (2,226)
Net cash (used in) financing activities (1,138,021) (1,285,629)
Effect of exchange rate changes on cash (24,851) (89,735)
Net (decrease) increase in cash and cash equivalents (843,847) 114,240
Cash and cash equivalents at beginning of year 3,030,229 2,758,477
Cash and cash equivalents at end of period $ 2,186,382 $ 2,872,717