v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
May 03, 2026
May 04, 2025
Cash Flows from Operating Activities:    
Net earnings $ 3,289 $ 3,433
Reconciliation of net earnings to net cash provided by operating activities:    
Depreciation and amortization, excluding amortization of intangible assets 910 855
Intangible asset amortization 171 139
Stock-based compensation expense 178 170
Changes in receivables, net (1,029) (985)
Changes in merchandise inventories (1,435) (2,203)
Changes in other current assets (76) 166
Changes in accounts payable and accrued expenses 3,036 2,626
Changes in deferred revenue 106 154
Changes in income taxes payable 735 (2)
Changes in deferred income taxes 65 (3)
Other operating activities 82 (25)
Net cash provided by operating activities 6,032 4,325
Cash Flows from Investing Activities:    
Capital expenditures (844) (806)
Payments for businesses acquired, net (286) (156)
Other investing activities 21 31
Net cash used in investing activities (1,109) (931)
Cash Flows from Financing Activities:    
Repayments of short-term debt, net (961) (278)
Proceeds from long-term debt, net of discounts 69 29
Repayments of long-term debt (1,425) (1,106)
Proceeds from sales of common stock 33 11
Cash dividends (2,320) (2,286)
Other financing activities (109) (126)
Net cash used in financing activities (4,713) (3,756)
Change in cash and cash equivalents 210 (362)
Effect of exchange rate changes on cash and cash equivalents 2 72
Cash and cash equivalents at beginning of period 1,389 1,659
Cash and cash equivalents at end of period 1,601 1,369
Supplemental Disclosures:    
Cash paid for interest, net of interest capitalized 638 648
Cash paid for income taxes $ 180 $ 1,098