10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HOME DEPOT, INC. | |||
Ticker: HD Fiscal Year: 2022 | |||
Consolidated Statements of Earnings | |||
Period Ending Jan 29, 2023 10-K (Filed: Mar 15, 2023) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | |
| Net sales | $ 157,403 | 151,157 | 132,110 |
| Cost of sales | 104,625 | 100,325 | 87,257 |
| Gross profit | 52,778 | 50,832 | 44,853 |
| Operating expenses: | |||
| Selling, general and administrative | 26,284 | 25,406 | 24,447 |
| Depreciation and amortization | 2,455 | 2,386 | 2,128 |
| Total operating expenses | 28,739 | 27,792 | 26,575 |
| Operating income | 24,039 | 23,040 | 18,278 |
| Interest and other (income) expense: | |||
| Interest income and other, net | (55) | (44) | (47) |
| Interest expense | 1,617 | 1,347 | 1,347 |
| Interest and other, net | 1,562 | 1,303 | 1,300 |
| Earnings before provision for income taxes | 22,477 | 21,737 | 16,978 |
| Provision for income taxes | 5,372 | 5,304 | 4,112 |
| Net earnings | 17,105 | 16,433 | 12,866 |
| Basic weighted average common shares (in shares) | 1,022 | 1,054 | 1,074 |
| Basic earnings per share (in dollars per share) | 16.74 | 15.59 | 11.98 |
| Diluted weighted average common shares (in shares) | 1,025 | 1,058 | 1,078 |
| Diluted earnings per share (in dollars per share) | 16.69 | 15.53 | 11.94 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HOME DEPOT, INC. | |||
Ticker: HD Fiscal Year: 2022 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Jan 29, 2023 10-K (Filed: Mar 15, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | |
| Net earnings | $ 17,105 | 16,433 | 12,866 |
| Other comprehensive (loss) income, net of tax: | |||
| Foreign currency translation adjustments | (22) | (77) | 60 |
| Cash flow hedges | 9 | 9 | 8 |
| Other | (1) | 35 | 0 |
| Total other comprehensive (loss) income, net of tax | (14) | (33) | 68 |
| Comprehensive income | 17,091 | 16,400 | 12,934 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
HOME DEPOT, INC. | |||
Ticker: HD Fiscal Year: 2022 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 29, 2023 10-K (Filed: Mar 15, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | |
| Cash Flows from Operating Activities: | |||
| Net earnings | $ 17,105 | 16,433 | 12,866 |
| Reconciliation of net earnings to net cash provided by operating activities: | |||
| Depreciation and amortization | 2,975 | 2,862 | 2,519 |
| Stock-based compensation expense | 366 | 399 | 310 |
| Changes in receivables, net | 111 | (435) | (465) |
| Changes in merchandise inventories | (2,830) | (5,403) | (1,657) |
| Changes in other current assets | (311) | (330) | 43 |
| Changes in accounts payable and accrued expenses | (2,577) | 2,401 | 5,118 |
| Changes in deferred revenue | (526) | 775 | 702 |
| Changes in income taxes payable | (107) | (51) | (149) |
| Changes in deferred income taxes | 138 | (276) | (569) |
| Other operating activities | 271 | 196 | 121 |
| Net cash provided by operating activities | 14,615 | 16,571 | 18,839 |
| Cash Flows from Investing Activities: | |||
| Capital expenditures | (3,119) | (2,566) | (2,463) |
| Payments for businesses acquired, net | 0 | (421) | (7,780) |
| Other investing activities | (21) | 18 | 73 |
| Net cash used in investing activities | (3,140) | (2,969) | (10,170) |
| Cash Flows from Financing Activities: | |||
| (Repayments of) proceeds from short-term debt, net | (1,035) | 1,035 | (974) |
| Proceeds from long-term debt, net of discounts | 6,942 | 2,979 | 7,933 |
| Repayments of long-term debt | (2,491) | (1,532) | (2,872) |
| Repurchases of common stock | (6,696) | (14,809) | (791) |
| Proceeds from sales of common stock | 264 | 337 | 326 |
| Cash dividends | (7,789) | (6,985) | (6,451) |
| Other financing activities | (188) | (145) | (154) |
| Net cash used in financing activities | (10,993) | (19,120) | (2,983) |
| Change in cash and cash equivalents | 482 | (5,518) | 5,686 |
| Effect of exchange rate changes on cash and cash equivalents | (68) | (34) | 76 |
| Cash and cash equivalents at beginning of year | 2,343 | 7,895 | |
| Cash and cash equivalents at end of year | 2,757 | 2,343 | 7,895 |
| Supplemental Disclosures: | |||
| Cash paid for income taxes | 5,435 | 5,504 | 4,654 |
| Cash paid for interest, net of interest capitalized | 1,449 | 1,269 | 1,241 |
| Non-cash capital expenditures | 351 | 421 | 274 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
HOME DEPOT, INC. | ||
Ticker: HD Fiscal Year: 2022 | ||
Consolidated Balance Sheets | ||
Period Ending Jan 29, 2023 10-K (Filed: Mar 15, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Jan 29, 2023 | Jan 30, 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 2,757 | 2,343 |
| Receivables, net | 3,317 | 3,426 |
| Merchandise inventories | 24,886 | 22,068 |
| Other current assets | 1,511 | 1,218 |
| Total current assets | 32,471 | 29,055 |
| Net property and equipment | 25,631 | 25,199 |
| Operating lease right-of-use assets | 6,941 | 5,968 |
| Goodwill | 7,444 | 7,449 |
| Other assets | 3,958 | 4,205 |
| Total assets | 76,445 | 71,876 |
| Liabilities and Stockholders Equity | ||
| Current liabilities: | ||
| Short-term debt | 0 | 1,035 |
| Accounts payable | 11,443 | 13,462 |
| Accrued salaries and related expenses | 1,991 | 2,426 |
| Sales taxes payable | 528 | 848 |
| Deferred revenue | 3,064 | 3,596 |
| Income taxes payable | 50 | 158 |
| Current installments of long-term debt | 1,231 | 2,447 |
| Current operating lease liabilities | 945 | 830 |
| Other accrued expenses | 3,858 | 3,891 |
| Total current liabilities | 23,110 | 28,693 |
| Long-term debt, excluding current installments | 41,962 | 36,604 |
| Long-term operating lease liabilities | 6,226 | 5,353 |
| Deferred income taxes | 1,019 | 909 |
| Other long-term liabilities | 2,566 | 2,013 |
| Total liabilities | 74,883 | 73,572 |
| Commitments and contingencies (Note 11) | ||
| Common stock, par value $0.05; authorized: 10,000 shares; issued: 1,794 shares at January 29, 2023 and 1,792 shares at January 30, 2022; outstanding: 1,016 shares at January 29, 2023 and 1,035 shares at January 30, 2022 | 90 | 90 |
| Paid-in capital | 12,592 | 12,132 |
| Retained earnings | 76,896 | 67,580 |
| Accumulated other comprehensive loss | (718) | (704) |
| Treasury stock, at cost, 778 shares at January 29, 2023 and 757 shares at January 30, 2022 | (87,298) | (80,794) |
| Total stockholders equity (deficit) | 1,562 | (1,696) |
| Total liabilities and stockholders equity | 76,445 | 71,876 |
| External Links | |
| HOME DEPOT, INC. (HD) Fiscal Year 2022 | |