Cash flows from operating activities: | |
Net income | |
Adjustments to reconcile net income to net cash provided by operating activities: | |
Depreciation and amortization | 492.4M |
Loss on property disposals | |
Deferred income tax provision | 52.63M |
Share-based compensation | 77.38M |
Excess tax benefits from stock compensation expense | -60.33M |
Changes in assets and liabilities: | |
(Increase) in accounts receivable | -72.49M |
(Increase) in merchandise inventories | -758.6M |
(Increase) in prepaid expenses and other current assets | -38.17M |
Increase in accounts payable | 524.98M |
(Decrease) in accrued expenses and other liabilities | |
Other | |
Net cash provided by operating activities | |
Cash flows from investing activities: | |
Property additions | -767.2M |
Purchase of short-term investments | |
Sales and maturities of short-term investments | 432.05M |
Proceeds from repayments on note receivable | |
Net cash (used in) investing activities | |
Cash flows from financing activities: | |
Cash payments for debt issuance expenses | -9.92M |
Payments on capital lease obligation | |
Cash payments for repurchase of common stock | -1.18B |
Proceeds from issuance of common stock | 110.9M |
Excess tax benefits from stock compensation expense | 60.33M |
Cash dividends paid | -481.86M |
Net cash (used in) financing activities | |
Effect of exchange rate changes on cash | -4.21M |
Net (decrease) in cash and cash equivalents | 280.06M |
Cash and cash equivalents at beginning of year | 2.1B |
Cash and cash equivalents at end of period | 2.38B |