Cash flows from operating activities: | |
Net income | 1M |
Adjustments to reconcile net income to net cash provided by/(used in) operating activities: | |
Restructuring and other charges | |
Depreciation and amortization | 609M |
Benefit plans expense | -39M |
Voluntary pension contribution | |
Stock-based compensation | 35M |
Excess tax benefits from stock-based compensation | |
Deferred taxes | 9M |
Change in cash from: | |
Inventory | -133M |
Prepaid expenses and other assets | 11M |
Merchandise accounts payable | 52M |
Current income taxes payable | -6M |
Accrued expenses and other | -147M |
Net cash provided by/(used in) operating activities | |
Cash flows from investing activities: | |
Capital expenditures | -427M |
Proceeds from sale of assets | 96M |
Net cash (used in) investing activities | |
Cash flows from financing activities: | |
Proceeds from issuance of long-term debt | 2.19B |
Payments of long-term debt | -2.35B |
Financing costs | -49M |
Dividends paid, common | |
Proceeds from issuance of stock warrant | |
Stock repurchase program | |
Proceeds from stock options exercised | 2M |
Excess tax benefits from stock-based compensation | 0 |
Tax withholding payments reimbursed by restricted stock | -10M |
Net cash (used in) financing activities | |
Net (decrease) in cash and cash equivalents | -13M |
Cash and cash equivalents at beginning of year | 900M |
Cash and cash equivalents at end of period | 887M |
Supplemental cash flow information: | |
Income taxes paid | |
Interest paid | |
Interest received |