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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Aug. 02, 2024
Aug. 04, 2023
Cash flows from operating activities:    
Net income $ 737,507 $ 983,215
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 471,079 410,287
Deferred income taxes 5,045 58,147
Noncash share-based compensation 34,641 33,893
Other noncash (gains) and losses 39,876 57,367
Change in operating assets and liabilities:    
Merchandise inventories (23,369) (817,001)
Prepaid expenses and other current assets (75,427) (78,358)
Accounts payable 306,290 107,810
Accrued expenses and other liabilities 109,762 (12,438)
Income taxes 52,259 (17,613)
Other (4,934) 1,412
Net cash provided by (used in) operating activities 1,652,729 726,721
Cash flows from investing activities:    
Purchases of property and equipment (695,683) (767,935)
Proceeds from sales of property and equipment 1,525 3,234
Net cash provided by (used in) investing activities (694,158) (764,701)
Cash flows from financing activities:    
Issuance of long-term obligations   1,498,260
Repayments of long-term obligations (10,341) (8,843)
Net increase (decrease) in commercial paper outstanding   (1,205,400)
Borrowings under revolving credit facilities   500,000
Repayments of borrowings under revolving credit facilities   (500,000)
Costs associated with issuance of debt   (12,448)
Payments of cash dividends (259,482) (258,885)
Other equity and related transactions (3,340) (3,262)
Net cash provided by (used in) financing activities (273,163) 9,422
Net increase (decrease) in cash and cash equivalents 685,408 (28,558)
Cash and cash equivalents, beginning of period 537,283 381,576
Cash and cash equivalents, end of period 1,222,691 353,018
Supplemental noncash investing and financing activities:    
Right of use assets obtained in exchange for new operating lease liabilities 842,846 745,786
Purchases of property and equipment awaiting processing for payment, included in Accounts payable $ 123,740 $ 171,527