v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Aug. 01, 2026
Aug. 02, 2025
Cash flows from operating activities:    
Net income $ 2,852 $ 2,279
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 676 604
Loss on property disposals and impairment charges 2 2
Deferred income tax provision 64 71
Share-based compensation 85 76
Changes in assets and liabilities:    
(Increase) in accounts receivable (66) (43)
(Increase) in merchandise inventories (603) (845)
(Increase) in income taxes recoverable (60) (36)
Decrease in prepaid expenses and other current assets 390 18
Increase in accounts payable 470 388
(Decrease) in accrued expenses and other liabilities (539) (373)
Increase in income taxes payable 190 84
Increase (decrease) in net operating lease liabilities 5 (5)
Other, net (121) (35)
Net cash provided by operating activities 3,345 2,185
Cash flows from investing activities:    
Property additions (1,159) (958)
Purchase of equity investments (5) (5)
Purchases of investments (28) (21)
Sales and maturities of investments 24 15
Net cash (used in) investing activities (1,168) (969)
Cash flows from financing activities:    
Payments for repurchase of common stock (1,418) (1,144)
Cash dividends paid (1,005) (898)
Proceeds from issuance of common stock 134 104
Other (73) (64)
Net cash (used in) financing activities (2,362) (2,002)
Effect of exchange rate changes on cash (41) 90
Net (decrease) in cash and cash equivalents (226) (696)
Cash and cash equivalents at beginning of year 6,230 5,335
Cash and cash equivalents at end of period $ 6,004 $ 4,639