10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
LOWES COMPANIES INC | |||
Ticker: LOW Fiscal Year: 2019 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 31, 2020 10-K (Filed: Mar 23, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2020 | Feb 1, 2019 | Feb 2, 2018 | |
| Cash flows from operating activities: | |||
| Net earnings | $ 4,281 | 2,314 | 3,447 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Depreciation and amortization | 1,410 | 1,607 | 1,540 |
| Noncash lease expense | 468 | 0 | 0 |
| Deferred income taxes | 177 | (151) | 53 |
| Loss on property and other assets - net | 117 | 630 | 40 |
| Impairment of goodwill | 0 | 952 | 0 |
| Loss on extinguishment of debt | 0 | 0 | 464 |
| Loss/(gain) on cost method and equity method investments | 12 | 9 | (82) |
| Share-based payment expense | 98 | 74 | 99 |
| Changes in operating assets and liabilities: | |||
| Merchandise inventory net | (600) | (1,289) | (791) |
| Other operating assets | (376) | (110) | 250 |
| Accounts payable | (637) | 1,720 | (92) |
| Other operating liabilities | (654) | 437 | 137 |
| Net cash provided by operating activities | 4,296 | 6,193 | 5,065 |
| Cash flows from investing activities: | |||
| Purchases of investments | (743) | (1,373) | (981) |
| Proceeds from sale/maturity of investments | 695 | 1,393 | 1,114 |
| Capital expenditures | (1,484) | (1,174) | (1,123) |
| Proceeds from sale of property and other long-term assets | 163 | 76 | 45 |
| Acquisition of business - net | 0 | 0 | (509) |
| Other net | 0 | (2) | 13 |
| Net cash used in investing activities | (1,369) | (1,080) | (1,441) |
| Cash flows from financing activities: | |||
| Net change in commercial paper | 220 | (415) | 625 |
| Net proceeds from issuance of debt | 3,972 | 0 | 2,968 |
| Repayment of long-term debt | (1,113) | (326) | (2,849) |
| Proceeds from issuance of common stock under share-based payment plans | 118 | 114 | 139 |
| Cash dividend payments | (1,618) | (1,455) | (1,288) |
| Repurchase of common stock | (4,313) | (3,037) | (3,192) |
| Other net | (1) | (5) | (10) |
| Net cash used in financing activities | (2,735) | (5,124) | (3,607) |
| Effect of exchange rate changes on cash | 1 | (12) | 13 |
| Net increase/(decrease) in cash and cash equivalents, including cash classified within current assets held for sale | 193 | (23) | 30 |
| Less: Net increase/(decrease) in cash classified within current assets held for sale | 12 | (54) | 0 |
| Net increase/(decrease) in cash and cash equivalents | 205 | (77) | 30 |
| Cash and cash equivalents, beginning of year | 511 | 588 | |
| Cash and cash equivalents, end of year | 716 | 511 | 588 |
| External Links | |
| LOWES COMPANIES INC (LOW) Fiscal Year 2019 | |
| 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 |