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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2025
Feb. 02, 2024
Feb. 03, 2023
Cash flows from operating activities:      
Net income $ 1,125,253 $ 1,661,274 $ 2,415,989
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation and amortization 971,703 848,793 724,877
Deferred income taxes (30,345) 72,847 235,299
Noncash share-based compensation 58,738 51,891 72,712
Other noncash (gains) and losses 296,184 88,982 530,530
Change in operating assets and liabilities:      
Merchandise inventories 230,208 (299,066) (1,665,352)
Prepaid expenses and other current assets (23,864) (63,576) (65,102)
Accounts payable 302,915 36,940 (194,722)
Accrued expenses and other liabilities 91,813 (39,189) (25,409)
Income taxes (15,443) 25,303 (37,517)
Other (11,098) 7,599 (6,750)
Net cash provided by (used in) operating activities 2,996,064 2,391,798 1,984,555
Cash flows from investing activities:      
Purchases of property and equipment (1,309,888) (1,700,222) (1,560,582)
Proceeds from sales of property and equipment 3,561 6,199 5,236
Net cash provided by (used in) investing activities (1,306,327) (1,694,023) (1,555,346)
Cash flows from financing activities:      
Issuance of long-term obligations   1,498,260 2,296,053
Repayments of long-term obligations (770,230) (19,723) (911,330)
Net increase (decrease) in commercial paper outstanding   (1,501,900) 1,447,600
Borrowings under revolving credit facilities   500,000  
Repayments of borrowings under revolving credit facilities   (500,000)  
Costs associated with issuance of debt (2,319) (12,438) (16,925)
Repurchases of common stock     (2,748,014)
Payments of cash dividends (518,983) (517,979) (493,726)
Other equity and related transactions (2,912) 11,712 33,880
Net cash provided by (used in) financing activities (1,294,444) (542,068) (392,462)
Net increase (decrease) in cash and cash equivalents 395,293 155,707 36,747
Cash and cash equivalents, beginning of period 537,283 381,576 344,829
Cash and cash equivalents, end of period 932,576 537,283 381,576
Cash paid for:      
Interest 336,625 352,473 195,312
Income taxes 354,727 359,578 500,814
Supplemental noncash investing and financing activities:      
Right of use assets obtained in exchange for new operating lease liabilities 1,592,510 1,804,934 1,836,718
Purchases of property and equipment awaiting processing for payment, included in Accounts payable $ 90,981 $ 148,137 $ 150,694