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: 2021 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 28, 2022 10-K (Filed: Mar 21, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | |
| Cash flows from operating activities: | |||
| Net earnings | $ 8,442 | 5,835 | 4,281 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Depreciation and amortization | 1,882 | 1,594 | 1,410 |
| Noncash lease expense | 517 | 479 | 468 |
| Deferred income taxes | 135 | (108) | 177 |
| Loss on property and other assets net | 34 | 139 | 117 |
| Loss on extinguishment of debt | 0 | 1,060 | 0 |
| Share-based payment expense | 230 | 155 | 98 |
| Changes in operating assets and liabilities: | |||
| Merchandise inventory net | (1,413) | (2,967) | (600) |
| Other operating assets | (23) | 326 | (364) |
| Accounts payable | 466 | 3,211 | (637) |
| Deferred revenue | 413 | 512 | (15) |
| Other operating liabilities | (570) | 813 | (639) |
| Net cash provided by operating activities | 10,113 | 11,049 | 4,296 |
| Cash flows from investing activities: | |||
| Purchases of investments | (3,065) | (3,094) | (743) |
| Proceeds from sale/maturity of investments | 3,293 | 2,926 | 695 |
| Capital expenditures | (1,853) | (1,791) | (1,484) |
| Proceeds from sale of property and other long-term assets | 113 | 90 | 163 |
| Other net | (134) | (25) | 0 |
| Net cash used in investing activities | (1,646) | (1,894) | (1,369) |
| Cash flows from financing activities: | |||
| Net change in commercial paper | 0 | (941) | 220 |
| Net proceeds from issuance of debt | 4,972 | 7,929 | 3,972 |
| Repayment of debt | (2,118) | (5,618) | (1,113) |
| Proceeds from issuance of common stock under share-based payment plans | 132 | 152 | 118 |
| Cash dividend payments | (1,984) | (1,704) | (1,618) |
| Repurchases of common stock | (13,012) | (4,971) | (4,313) |
| Other net | (6) | (38) | (1) |
| Net cash used in financing activities | (12,016) | (5,191) | (2,735) |
| Effect of exchange rate changes on cash | (8) | 10 | 1 |
| Net (decrease)/increase in cash and cash equivalents, including cash classified within current assets held for sale | (3,557) | 3,974 | 193 |
| Less: Net decrease in cash classified within current assets held for sale | 0 | 0 | 12 |
| Net (decrease)/increase in cash and cash equivalents | (3,557) | 3,974 | 205 |
| Cash and cash equivalents, beginning of year | 4,690 | 716 | |
| Cash and cash equivalents, end of year | 1,133 | 4,690 | 716 |
| External Links | |
| LOWES COMPANIES INC (LOW) Fiscal Year 2021 | |
| 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 |