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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Sep. 10, 2022
Sep. 11, 2021
Cash flows from operating activities:    
Net income $ 826.9 $ 740.0
Adjustments to reconcile net income to net cash provided by operating activities:    
(Gain) loss on property dispositions and impairment losses, net (93.4) 0.1
Depreciation and amortization 959.8 883.2
Operating lease right-of-use assets amortization 349.4 333.0
LIFO expense 116.9 29.1
Deferred income tax 58.3 43.0
Contributions to pension and post-retirement benefit plans, net of (income) expense (16.1) (47.5)
Gain on interest rate swaps and energy hedges, net (14.9) (7.5)
Deferred financing costs 9.1 11.1
Equity-based compensation expense 63.2 49.0
Other (10.8) (21.2)
Changes in operating assets and liabilities:    
Receivables, net (92.5) (6.4)
Inventories, net (362.5) 93.0
Accounts payable, accrued salaries and wages and other accrued liabilities 43.5 229.2
Operating lease liabilities (265.4) (249.3)
Self-insurance assets and liabilities 35.1 36.3
Other operating assets and liabilities 45.5 22.6
Net cash provided by operating activities 1,652.1 2,137.7
Cash flows from investing activities:    
Business acquisitions, net of cash acquired 0.0 (23.5)
Payments for property, equipment and intangibles, including payments for lease buyouts (1,060.7) (822.5)
Proceeds from sale of long-lived assets 94.2 24.6
Other investing activities (11.2) 30.9
Net cash used in investing activities (977.7) (790.5)
Cash flows from financing activities:    
Payments on long-term borrowings (0.2) (0.5)
Payments of obligations under finance leases (29.9) (32.2)
Dividends paid on common stock (126.7) (93.0)
Dividends paid on convertible preferred stock (34.5) (59.1)
Employee tax withholding on vesting of restricted stock units (40.3) (11.8)
Other financing activities 5.0 (17.8)
Net cash used in financing activities (226.6) (214.4)
Net increase in cash and cash equivalents and restricted cash 447.8 1,132.8
Cash and cash equivalents and restricted cash at beginning of period 2,952.6 1,767.6
Cash and cash equivalents and restricted cash at end of period $ 3,400.4 $ 2,900.4