10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
COSTCO WHOLESALE CORP /NEW | |||
Ticker: COST Fiscal Year: 2014 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Aug 31, 2014 10-K (Filed: Oct 15, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Aug 31, 2014 | Sept 1, 2013 | Sept 2, 2012 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Net income including noncontrolling interests | $ 2,088 | 2,061 | 1,767 |
| Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities: | |||
| Depreciation and amortization | 1,029 | 946 | 908 |
| Stock-based compensation | 327 | 285 | 241 |
| Excess tax benefits on stock-based awards | (84) | (61) | (64) |
| Other non-cash operating activities, net | 22 | (7) | 28 |
| Deferred income taxes | (63) | 7 | (3) |
| Changes in operating assets and liabilities: | |||
| Increase in merchandise inventories | (563) | (898) | (490) |
| Increase in accounts payable | 529 | 718 | 338 |
| Other operating assets and liabilities, net | 699 | 386 | 332 |
| Net cash provided by operating activities | 3,984 | 3,437 | 3,057 |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Purchases of short-term investments | (2,503) | (2,572) | (2,048) |
| Maturities and sales of short-term investments | 2,406 | 2,385 | 2,303 |
| Additions to property and equipment | (1,993) | (2,083) | (1,480) |
| Other investing activities, net | (3) | 19 | (11) |
| Net cash used in investing activities | (2,093) | (2,251) | (1,236) |
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Change in bank checks outstanding | 96 | (70) | 457 |
| Repayments of short-term borrowings | (103) | (287) | (114) |
| Proceeds from short-term borrowings | 68 | 326 | 114 |
| Proceeds from issuance of long-term debt | 117 | 3,717 | 130 |
| Repayments of long-term debt | 0 | 0 | (900) |
| Distribution to noncontrolling interests | 0 | (22) | (161) |
| Proceeds from exercise of stock options | 38 | 52 | 109 |
| Minimum tax withholdings on stock-based awards | (164) | (121) | (107) |
| Excess tax benefits on stock-based awards | 84 | 61 | 64 |
| Repurchases of common stock | (334) | (36) | (632) |
| Cash dividend payments | (584) | (3,560) | (446) |
| Purchase of noncontrolling interest in Costco Mexico | 0 | 0 | (789) |
| Other financing activities, net | (4) | (16) | (6) |
| Net cash (used in) provided by financing activities | (786) | 44 | (2,281) |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | (11) | (114) | (21) |
| Net increase (decrease) in cash and cash equivalents | 1,094 | 1,116 | (481) |
| CASH AND CASH EQUIVALENTS BEGINNING OF YEAR | 4,644 | 3,528 | |
| CASH AND CASH EQUIVALENTS END OF YEAR | 5,738 | 4,644 | 3,528 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | |||
| Cash paid during the year for: | |||
| Interest (reduced by $11, $12 and $10, interest capitalized in 2014, 2013 and 2012, respectively) | 109 | 86 | 112 |
| Income taxes, net | 869 | 1,001 | 956 |
| External Links | |
| COSTCO WHOLESALE CORP /NEW (COST) Fiscal Year 2014 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |