XML 85 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Jan. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 181,369,000 $ 416,157,000 $ 439,190,000
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 180,629,000 163,649,000 145,934,000
Lease Exit Charge 0 0 30,884,000
Amortization of gain on sale-leasebacks (9,453,000) (10,812,000) (10,976,000)
Excess tax benefits from share-based payment arrangements (14,876,000) (11,763,000) (18,771,000)
Provision for inventories 31,667,000 32,228,000 30,665,000
Deferred income taxes (27,855,000) (19,282,000) (50,768,000)
Provision for pension/postretirement benefits 48,980,000 46,008,000 33,457,000
Share-based compensation expense 32,188,000 26,938,000 30,447,000
Changes in assets and liabilities:      
Accounts receivable (23,239,000) (1,393,000) 5,495,000
Inventories (168,273,000) (233,700,000) (459,416,000)
Prepaid expenses and other current assets (14,654,000) (22,121,000) (5,893,000)
Other Assets, net (21,333,000) (4,561,000) (11,371,000)
Accounts payable and accrued liabilities 45,413,000 (13,680,000) 39,862,000
Income taxes payable (70,143,000) (16,559,000) 17,551,000
Merchandise and other customer credits 4,711,000 1,640,000 (2,988,000)
Other long term liabilities (20,479,000) (24,459,000) (2,696,000)
Net cash provided by operating activities 154,652,000 328,290,000 210,606,000
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of marketable securities and short-term investments (23,460,000) (15,226,000) (40,912,000)
Proceeds from sale of marketable securities and short-term investments 0 19,289,000 96,051,000
Capital expenditures (221,452,000) (219,530,000) (239,443,000)
Notes receivable funded (3,050,000) (8,015,000) (56,605,000)
Proceeds from notes receivable 1,181,000 0 0
Payments to Acquire Intangible Assets 0 (82,664,000) 0
Payment for acquisition 0 (25,000,000) 0
Other 0 0 (1,674,000)
Net cash used in investing activities (246,781,000) (331,146,000) (242,583,000)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from credit facility borrowings, net 49,883,000 47,278,000 13,548,000
Proceeds from other credit facility borrowings 89,806,000 40,298,000 61,020,000
Repayment of other credit facility borrowings (69,737,000) (361,000) (4,517,000)
Repayment of Long-term Debt 0 (60,000,000) (58,915,000)
Proceeds from Issuance of Long-term Debt 0 250,000,000 0
Payment for settlement of interest rate swaps 0 (29,335,000) 0
Net proceeds received from termanation of interest rate swap 0 0 9,527,000
Repurchase of Common Stock 0 (54,107,000) (174,118,000)
Proceeds from exercised stock options 27,895,000 13,012,000 65,566,000
Excess tax benefits from share-based payment arrangements 14,876,000 11,763,000 18,771,000
Cash dividends on Common Stock (170,312,000) (158,594,000) (142,840,000)
Proceeds from Non-controlling Interest 0 12,750,000 0
Distribution to non-controlling interest (666,000) 0 0
Financing fees (7,171,000) (1,258,000) (1,859,000)
Net cash (used in) provided by financing activities (65,426,000) 71,446,000 (213,817,000)
Effect of exchange rate changes on cash and cash equivalents (1,505,000) 2,294,000 (1,843,000)
Net decrease in cash and cash equivalents (159,060,000) 70,884,000 (247,637,000)
Cash and cash equivalents at beginning of year 504,838,000 433,954,000 681,591,000
Cash and cash equivalents at end of twelve months $ 345,778,000 $ 504,838,000 $ 433,954,000