XML 28 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Oct. 27, 2012
Oct. 29, 2011
Cash flows from operating activities:    
Net income $ 1,301,843 $ 1,020,776
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 372,367 356,943
Loss on property disposals 4,298 4,498
Deferred income tax provision 62,102 197,286
Share-based compensation 49,600 49,799
Excess tax benefits from share-based compensation (43,901) (34,063)
Changes in assets and liabilities:    
(Increase) in accounts receivable (33,367) (35,518)
(Increase) in merchandise inventories (336,998) (931,492)
Decrease (increase) in prepaid expenses and other current assets 47,333 (106,999)
Increase in accounts payable 407,015 358,899
Increase (decrease) in accrued expenses and other liabilities 253,921 (46,695)
Other (4,250) (2,604)
Net cash provided by operating activities 2,079,963 830,830
Cash flows from investing activities:    
Property additions (775,597) (661,419)
Purchase of short-term investments (262,523) (112,826)
Sales and maturities of short-term investments 155,480 117,696
Proceeds from sale of fixed assets 7,035 10,647
Proceeds from repayments on note receivable 27,455 747
Net cash (used in) investing activities (848,150) (645,155)
Cash flows from financing activities:    
Cash payments for debt issuance expenses (1,316) (2,299)
Payments on capital lease obligation (1,456) (2,021)
Cash payments for repurchase of common stock (1,004,432) (974,756)
Proceeds from issuance of common stock 100,944 168,004
Excess tax benefits from share-based compensation 43,901 34,063
Cash dividends paid (240,316) (203,518)
Net cash (used in) financing activities (1,102,675) (980,527)
Effect of exchange rate changes on cash 5,665 10,033
Net increase (decrease) in cash and cash equivalents 134,803 (784,819)
Cash and cash equivalents at beginning of year 1,507,112 1,741,751
Cash and cash equivalents at end of period $ 1,641,915 $ 956,932