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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Feb. 01, 2025
Feb. 03, 2024
Jan. 28, 2023
Cash flows from operating activities:      
Net income $ 4,864 $ 4,474 $ 3,498
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,104 964 887
Impairment on equity investment 0 0 218
Loss on property disposals and impairment charges 10 61 23
Deferred income tax provision (benefit) 28 (7) 64
Share-based compensation 183 160 122
Changes in assets and liabilities:      
(Increase) decrease in accounts receivable (26) 37 (51)
(Increase) decrease in merchandise inventories (539) (145) 58
(Increase) decrease in income taxes recoverable (10) 60 (5)
(Increase) in prepaid expenses and other current assets (31) (40) (73)
Increase (decrease) in accounts payable 448 64 (600)
Increase (decrease) in accrued expenses and other liabilities 228 443 (23)
(Decrease) increase in income taxes payable (31) 46 (126)
(Decrease) in net operating lease liabilities (12) (18) (1)
Other, net (100) (42) 93
Net cash provided by operating activities 6,116 6,057 4,084
Cash flows from investing activities:      
Property additions (1,918) (1,722) (1,457)
Purchase of equity investments (551) 0 0
Purchases of investments (35) (28) (31)
Sales and maturities of investments 27 33 18
Net cash (used in) investing activities (2,477) (1,717) (1,470)
Cash flows from financing activities:      
Payments for repurchase of common stock (2,513) (2,484) (2,255)
Proceeds from issuance of common stock 366 285 321
Cash dividends paid (1,648) (1,484) (1,339)
Repayment of debt 0 (500) 0
Other (43) (32) (33)
Net cash (used in) financing activities (3,838) (4,215) (3,306)
Effect of exchange rate changes on cash (66) (2) (58)
Net (decrease) increase in cash and cash equivalents (265) 123 (750)
Cash and cash equivalents at beginning of year 5,600 5,477 6,227
Cash and cash equivalents at end of year $ 5,335 $ 5,600 $ 5,477