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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES    
Net income $ 861,853 $ 247,246
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, including amounts charged to cost of goods sold 69,476 63,180
Amortization, including amounts charged to interest expense 42,248 43,071
(Benefit) provision for doubtful accounts (3,388) 312
(Benefit) provision for deferred income taxes (840,479) 49,491
Share-based compensation 32,608 29,192
LIFO expense 0 28,308
Loss on early retirement of debt 23,766 0
Other 211 (13,152)
Changes in operating assets and liabilities, excluding the effects of acquisitions:    
Accounts receivable 91,624 (536,937)
Merchandise inventories (460,127) (713,553)
Prepaid expenses and other assets (8,518) 57,046
Accounts payable (59,223) 247,814
Income taxes payable 318,673 65,039
Accrued expenses and other liabilities (58,398) 2,588
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 10,326 (430,355)
INVESTING ACTIVITIES    
Capital expenditures (73,641) (137,282)
Cost of acquired companies, net of cash acquired (70,330) (1,497)
Proceeds from sales of investment securities available-for-sale 0 13,921
Purchases of investment securities available-for-sale 0 (33,879)
Other 1,648 1,880
NET CASH USED IN INVESTING ACTIVITIES (142,323) (156,857)
FINANCING ACTIVITIES    
Senior notes borrowings 1,236,483 0
Senior notes and term loans repayments (400,000) (50,000)
Borrowings under revolving and securitization credit facilities 2,577,124 65,362
Repayments under revolving and securitization credit facilities (2,569,414) (67,491)
Payment of premium on early retirement of debt (22,348) 0
Purchases of common stock (22,496) (229,928)
Exercises of stock options 29,574 10,229
Cash dividends on common stock (83,555) (80,169)
Tax withholdings related to restricted share vesting (7,375) (8,938)
Other (3,364) (2,551)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 734,629 (363,486)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 602,632 (950,698)
Cash and cash equivalents at beginning of period 2,435,115 2,741,832
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 3,037,747 $ 1,791,134