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: 2020 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 29, 2021 10-K (Filed: Mar 22, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2021 | Jan 31, 2020 | Feb 1, 2019 | |
| Cash flows from operating activities: | |||
| Net earnings | $ 5,835 | 4,281 | 2,314 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Depreciation and amortization | 1,594 | 1,410 | 1,607 |
| Noncash lease expense | 479 | 468 | 0 |
| Deferred income taxes | (108) | 177 | (151) |
| Loss on property and other assets net | 139 | 117 | 630 |
| Impairment of goodwill | 0 | 0 | 952 |
| Loss on extinguishment of debt | 1,060 | 0 | 0 |
| Share-based payment expense | 155 | 98 | 74 |
| Changes in operating assets and liabilities: | |||
| Merchandise inventory net | (2,967) | (600) | (1,289) |
| Other operating assets | 326 | (364) | (101) |
| Accounts payable | 3,211 | (637) | 1,720 |
| Deferred revenue | 512 | (15) | 23 |
| Other operating liabilities | 813 | (639) | 414 |
| Net cash provided by operating activities | 11,049 | 4,296 | 6,193 |
| Cash flows from investing activities: | |||
| Purchases of investments | (3,094) | (743) | (1,373) |
| Proceeds from sale/maturity of investments | 2,926 | 695 | 1,393 |
| Capital expenditures | (1,791) | (1,484) | (1,174) |
| Proceeds from sale of property and other long-term assets | 90 | 163 | 76 |
| Other net | (25) | 0 | (2) |
| Net cash used in investing activities | (1,894) | (1,369) | (1,080) |
| Cash flows from financing activities: | |||
| Net change in commercial paper | (941) | 220 | (415) |
| Net proceeds from issuance of debt | 7,929 | 3,972 | 0 |
| Repayment of debt | (5,618) | (1,113) | (326) |
| Proceeds from issuance of common stock under share-based payment plans | 152 | 118 | 114 |
| Cash dividend payments | (1,704) | (1,618) | (1,455) |
| Repurchases of common stock | (4,971) | (4,313) | (3,037) |
| Other net | (38) | (1) | (5) |
| Net cash used in financing activities | (5,191) | (2,735) | (5,124) |
| Effect of exchange rate changes on cash | 10 | 1 | (12) |
| Net increase/(decrease) in cash and cash equivalents, including cash classified within current assets held for sale | 3,974 | 193 | (23) |
| Less: Net decrease/(increase) in cash classified within current assets held for sale | 0 | 12 | (54) |
| Net increase/(decrease) in cash and cash equivalents | 3,974 | 205 | (77) |
| Cash and cash equivalents, beginning of year | 716 | 511 | |
| Cash and cash equivalents, end of year | 4,690 | 716 | 511 |
| External Links | |
| LOWES COMPANIES INC (LOW) Fiscal Year 2020 | |
| 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 |