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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jan. 29, 2023
Jan. 30, 2022
Jan. 31, 2021
Cash Flows from Operating Activities:      
Net earnings $ 17,105 $ 16,433 $ 12,866
Reconciliation of net earnings to net cash provided by operating activities:      
Depreciation and amortization 2,975 2,862 2,519
Stock-based compensation expense 366 399 310
Changes in receivables, net 111 (435) (465)
Changes in merchandise inventories (2,830) (5,403) (1,657)
Changes in other current assets (311) (330) 43
Changes in accounts payable and accrued expenses (2,577) 2,401 5,118
Changes in deferred revenue (526) 775 702
Changes in income taxes payable (107) (51) (149)
Changes in deferred income taxes 138 (276) (569)
Other operating activities 271 196 121
Net cash provided by operating activities 14,615 16,571 18,839
Cash Flows from Investing Activities:      
Capital expenditures (3,119) (2,566) (2,463)
Payments for businesses acquired, net 0 (421) (7,780)
Other investing activities (21) 18 73
Net cash used in investing activities (3,140) (2,969) (10,170)
Cash Flows from Financing Activities:      
(Repayments of) proceeds from short-term debt, net (1,035) 1,035 (974)
Proceeds from long-term debt, net of discounts 6,942 2,979 7,933
Repayments of long-term debt (2,491) (1,532) (2,872)
Repurchases of common stock (6,696) (14,809) (791)
Proceeds from sales of common stock 264 337 326
Cash dividends (7,789) (6,985) (6,451)
Other financing activities (188) (145) (154)
Net cash used in financing activities (10,993) (19,120) (2,983)
Change in cash and cash equivalents 482 (5,518) 5,686
Effect of exchange rate changes on cash and cash equivalents (68) (34) 76
Cash and cash equivalents at beginning of year 2,343 7,895 2,133
Cash and cash equivalents at end of year 2,757 2,343 7,895
Supplemental Disclosures:      
Cash paid for income taxes 5,435 5,504 4,654
Cash paid for interest, net of interest capitalized 1,449 1,269 1,241
Non-cash capital expenditures $ 351 $ 421 $ 274