XML 35 R9.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jan. 31, 2025
Feb. 02, 2024
Feb. 03, 2023
Cash flows from operating activities:      
Net earnings $ 6,957 $ 7,726 $ 6,437
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 1,972 1,923 1,981
Noncash lease expense 520 499 530
Deferred income taxes 9 6 (239)
Asset impairment and loss on property - net 5 83 2,118
(Gain)/loss on sale of business (177) (79) 421
Share-based payment expense 221 210 223
Changes in operating assets and liabilities:      
Merchandise inventory – net (514) 1,637 (2,594)
Other operating assets 93 182 56
Accounts payable 633 (1,820) (549)
Other operating liabilities (94) (2,227) 205
Net cash provided by operating activities 9,625 8,140 8,589
Cash flows from investing activities:      
Purchases of investments (1,286) (1,785) (1,189)
Proceeds from sale/maturity of investments 1,204 1,722 1,174
Capital expenditures (1,927) (1,964) (1,829)
Proceeds from sale of property and other long-term assets 105 53 45
Proceeds from sale of business 177 100 491
Other – net (11) (27) (1)
Net cash used in investing activities (1,738) (1,901) (1,309)
Cash flows from financing activities:      
Net change in commercial paper 0 (499) 499
Net proceeds from issuance of debt 0 2,983 9,667
Repayment of debt (545) (601) (867)
Proceeds from issuance of common stock under share-based payment plans 159 141 151
Cash dividend payments (2,566) (2,531) (2,370)
Repurchases of common stock (4,053) (6,138) (14,124)
Other – net (42) (21) (5)
Net cash used in financing activities (7,047) (6,666) (7,049)
Effect of exchange rate changes on cash 0 0 (16)
Net increase/(decrease) in cash and cash equivalents 840 (427) 215
Cash and cash equivalents, beginning of year 921 1,348 1,133
Cash and cash equivalents, end of year $ 1,761 $ 921 $ 1,348