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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Nov. 01, 2024
Nov. 03, 2023
Cash flows from operating activities:    
Net income $ 934,036 $ 1,259,461
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 718,093 625,817
Deferred income taxes 4,302 91,158
Noncash share-based compensation 48,695 40,704
Other noncash (gains) and losses 50,351 79,001
Change in operating assets and liabilities:    
Merchandise inventories (147,512) (661,611)
Prepaid expenses and other current assets (37,952) (50,846)
Accounts payable 494,807 108,757
Accrued expenses and other liabilities 137,937 3,802
Income taxes 314 (61,462)
Other (7,908) 7,238
Net cash provided by (used in) operating activities 2,195,163 1,442,019
Cash flows from investing activities:    
Purchases of property and equipment (1,037,097) (1,240,507)
Proceeds from sales of property and equipment 2,127 4,963
Net cash provided by (used in) investing activities (1,034,970) (1,235,544)
Cash flows from financing activities:    
Issuance of long-term obligations   1,498,260
Repayments of long-term obligations (765,625) (14,362)
Net increase (decrease) in commercial paper outstanding   (1,303,800)
Borrowings under revolving credit facilities   500,000
Repayments of borrowings under revolving credit facilities   (500,000)
Costs associated with issuance of debt (2,320) (12,438)
Payments of cash dividends (389,237) (388,381)
Other equity and related transactions (3,037) (1,883)
Net cash provided by (used in) financing activities (1,160,219) (222,604)
Net increase (decrease) in cash and cash equivalents (26) (16,129)
Cash and cash equivalents, beginning of period 537,283 381,576
Cash and cash equivalents, end of period 537,257 365,447
Supplemental noncash investing and financing activities:    
Right of use assets obtained in exchange for new operating lease liabilities 1,321,389 1,248,662
Purchases of property and equipment awaiting processing for payment, included in Accounts payable $ 111,360 $ 140,724