v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 8 Months Ended
May 10, 2025
May 04, 2024
Cash flows from operating activities:    
Net income $ 1,661,297 $ 1,760,219
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 415,787 374,416
Other non-cash income (16,000) (40,000)
Amortization of debt origination fees 9,083 8,155
Deferred income taxes (59,320) 9,016
Share-based compensation expense 85,584 71,314
Changes in operating assets and liabilities:    
Accounts receivable (41,820) (66,550)
Merchandise inventories (642,317) (353,813)
Accounts payable and accrued expenses 603,613 126,488
Income taxes 135,953 69,746
Other, net 12,722 (25,125)
Net cash provided by operating activities 2,164,582 1,933,866
Cash flows from investing activities:    
Capital expenditures (885,623) (725,910)
Purchase of marketable debt securities (54,250) (17,551)
Proceeds from sale of marketable debt securities 54,827 21,245
Investment in tax credit equity investments (50,424) (193,327)
Other, net 18,209 (715)
Net cash used in investing activities (917,261) (916,258)
Cash flows from financing activities:    
Net proceeds from commercial paper 225,500 631,300
Proceeds from issuance of debt 500,000 1,000,000
Repayment of debt (900,000) (300,000)
Net proceeds from sale of common stock 111,008 154,367
Purchase of treasury stock (1,135,260) (2,437,176)
Repayment of principal portion of finance lease liabilities (74,096) (62,455)
Other, net (4,927) (5,001)
Net cash used in financing activities (1,277,775) (1,018,965)
Effect of exchange rate changes on cash 907 (339)
Net decrease in cash and cash equivalents (29,547) (1,696)
Cash and cash equivalents at beginning of period 298,172 277,054
Cash and cash equivalents at end of period $ 268,625 $ 275,358