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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Nov. 02, 2025
Oct. 27, 2024
Cash Flows from Operating Activities:    
Net earnings $ 11,585 $ 11,809
Reconciliation of net earnings to net cash provided by operating activities:    
Depreciation and amortization, excluding amortization of intangible assets 2,606 2,472
Intangible asset amortization 436 280
Stock-based compensation expense 408 328
Changes in receivables, net (1,005) (668)
Changes in merchandise inventories (1,974) (1,111)
Changes in other current assets 249 19
Changes in accounts payable and accrued expenses 849 1,963
Changes in deferred revenue (88) (188)
Changes in income taxes payable (725) 69
Changes in deferred income taxes 479 170
Other operating activities 158 (4)
Net cash provided by operating activities 12,978 15,139
Cash Flows from Investing Activities:    
Capital expenditures (2,621) (2,384)
Payments for businesses acquired, net (5,248) (17,613)
Other investing activities 104 85
Net cash used in investing activities (7,765) (19,912)
Cash Flows from Financing Activities:    
Proceeds from short-term debt, net 2,884 1,344
Proceeds from long-term debt, net of discounts 2,111 9,983
Repayments of long-term debt (3,404) (1,355)
Repurchases of common stock 0 (649)
Proceeds from sales of common stock 185 231
Cash dividends (6,863) (6,694)
Other financing activities (147) (223)
Net cash (used in) provided by financing activities (5,234) 2,637
Change in cash and cash equivalents (21) (2,136)
Effect of exchange rate changes on cash and cash equivalents 46 (93)
Cash and cash equivalents at beginning of period 1,659 3,760
Cash and cash equivalents at end of period 1,684 1,531
Supplemental Disclosures:    
Cash paid for interest, net of interest capitalized 1,835 1,640
Cash paid for income taxes 3,990 3,479
Non-cash acquisition purchase consideration $ 0 $ 321