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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Feb. 02, 2025
Jan. 28, 2024
Jan. 29, 2023
Cash Flows from Operating Activities:      
Net earnings $ 14,806 $ 15,143 $ 17,105
Reconciliation of net earnings to net cash provided by operating activities:      
Depreciation and amortization, excluding amortization of intangible assets 3,336 3,061 2,796
Intangible asset amortization 425 186 179
Stock-based compensation expense 442 380 366
Changes in receivables, net 174 134 111
Changes in merchandise inventories (743) 4,137 (2,830)
Changes in other current assets 86 (184) (311)
Changes in accounts payable and accrued expenses 518 (1,411) (2,577)
Changes in deferred revenue (165) (318) (526)
Changes in income taxes payable 809 (25) (107)
Changes in deferred income taxes 15 (245) 138
Other operating activities 107 314 271
Net cash provided by operating activities 19,810 21,172 14,615
Cash Flows from Investing Activities:      
Capital expenditures (3,485) (3,226) (3,119)
Payments for businesses acquired, net (17,644) (1,514) 0
Other investing activities 98 11 (21)
Net cash used in investing activities (21,031) (4,729) (3,140)
Cash Flows from Financing Activities:      
Proceeds from (repayments of) short-term debt, net 316 0 (1,035)
Proceeds from long-term debt, net of discounts 10,010 1,995 6,942
Repayments of long-term debt (1,536) (1,271) (2,491)
Repurchases of common stock (649) (7,951) (6,696)
Proceeds from sales of common stock 395 323 264
Cash dividends (8,929) (8,383) (7,789)
Other financing activities (301) (156) (188)
Net cash used in financing activities (694) (15,443) (10,993)
Change in cash and cash equivalents (1,915) 1,000 482
Effect of exchange rate changes on cash and cash equivalents (186) 3 (68)
Cash and cash equivalents at beginning of year 3,760 2,757 2,343
Cash and cash equivalents at end of year 1,659 3,760 2,757
Supplemental Disclosures:      
Cash paid for income taxes 3,653 5,023 5,435
Cash paid for interest, net of interest capitalized 2,199 1,809 1,449
Non-cash capital expenditures 250 364 351
Non-cash acquisition purchase consideration (Note 13) $ 321 $ 0 $ 0