XML 20 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 30, 2016
Aug. 01, 2015
Cash flows from operating activities:    
Net income $ 1,070,520 $ 1,023,936
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 324,767 298,458
Loss on property disposals and impairment charges 1,239 1,366
Deferred income tax provision (benefit) 47,057 (14,902)
Share-based compensation 49,886 43,767
Excess tax benefits from share-based compensation (49,836) (33,977)
Changes in assets and liabilities:    
(Increase) in accounts receivable (51,194) (46,922)
(Increase) in merchandise inventories (190,884) (525,327)
(Increase) in taxes recoverable (2,904) (2,268)
(Increase) in prepaid expenses and other current assets (38,398) (59,869)
Increase in accounts payable 62,180 249,627
(Decrease) increase in accrued expenses and other liabilities (27,150) 8,297
(Decrease) in income taxes payable (10,431) (23,761)
Other (26,233) 10,155
Net cash provided by operating activities 1,158,619 928,580
Cash flows from investing activities:    
Property additions (508,435) (404,875)
Purchase of investments (380,295) (225,687)
Sales and maturities of investments 323,478 159,729
Acquisition of Trade Secret (2,324)  
Net cash (used in) investing activities (567,576) (470,833)
Cash flows from financing activities:    
Cash payments for repurchase of common stock (756,162) (851,081)
Proceeds from issuance of common stock 89,976 47,992
Excess tax benefits from share-based compensation 49,836 33,977
Cash dividends paid (311,508) (262,882)
Net cash (used in) financing activities (927,858) (1,031,994)
Effect of exchange rate changes on cash 44,990 (8,758)
Net (decrease) in cash and cash equivalents (291,825) (583,005)
Cash and cash equivalents at beginning of year 2,095,473 2,493,775
Cash and cash equivalents at end of period $ 1,803,648 $ 1,910,770