10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
TJX COMPANIES INC /DE/ | |||
Ticker: TJX Fiscal Year: 2020 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 30, 2021 10-K (Filed: Mar 31, 2021) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | |
| Cash flows from operating activities: | |||
| Net income | $ 90,470 | 3,272,193 | 3,059,798 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 870,758 | 867,303 | 819,655 |
| Loss on early extinguishment of debt | 312,233 | 0 | 0 |
| Loss on property disposals and impairment charges | 83,794 | 16,054 | 17,653 |
| Deferred income tax (benefit) | (230,690) | (6,233) | (88,594) |
| Share-based compensation | 58,519 | 124,957 | 103,557 |
| Pension settlement charge | 0 | 0 | 36,122 |
| Changes in assets and liabilities: | |||
| (Increase) in accounts receivable | (71,091) | (42,998) | (23,532) |
| Decrease (increase) in merchandise inventories | 588,756 | (296,541) | (465,429) |
| Decrease (increase) in income taxes recoverable | 10,707 | (34,177) | 15,452 |
| (Increase) decrease in prepaid expenses and other current assets | (57,450) | (17,084) | 220,890 |
| Increase in accounts payable | 2,111,189 | 29,338 | 198,212 |
| Increase in accrued expenses and other liabilities | 584,502 | 345,745 | 169,418 |
| Increase (decrease) in income taxes payable | 52,791 | (128,342) | 40,965 |
| Increase in net operating lease liabilities | 200,243 | 29,617 | 0 |
| Other, net | (42,842) | (93,292) | (15,708) |
| Net cash provided by operating activities | 4,561,889 | 4,066,540 | 4,088,459 |
| Cash flows from investing activities: | |||
| Property additions | (568,021) | (1,223,116) | (1,125,139) |
| Investment in Familia | 0 | (230,156) | 0 |
| Purchases of investments | (29,100) | (28,838) | (161,625) |
| Sales and maturities of investments | 18,524 | 12,720 | 636,560 |
| Other | 0 | 7,419 | 26,652 |
| Net cash (used in) investing activities | (578,597) | (1,461,971) | (623,552) |
| Cash flows from financing activities: | |||
| Payments on revolving credit facilities | (1,000,000) | 0 | 0 |
| Proceeds from long-term debt including revolving credit facilities | 5,986,873 | 0 | 0 |
| Payments of long-term debt and extinguishment expenses | (1,418,358) | 0 | 0 |
| Payments for debt issuance expenses | (42,377) | 0 | 0 |
| Payments for repurchase of common stock | (201,500) | (1,551,992) | (2,406,997) |
| Proceeds from issuance of common stock | 211,189 | 232,106 | 255,241 |
| Payments of employee tax withholdings for performance based stock awards | (29,309) | (23,423) | (16,014) |
| Cash dividends paid | (278,256) | (1,071,562) | (922,596) |
| Other | 0 | 0 | (7,115) |
| Net cash provided by (used in) financing activities | 3,228,262 | (2,414,871) | (3,097,481) |
| Effect of exchange rate changes on cash | 41,264 | (3,175) | (95,674) |
| Net increase in cash and cash equivalents | 7,252,818 | 186,523 | 271,752 |
| Cash and cash equivalents at beginning of year | 3,216,752 | 3,030,229 | |
| Cash and cash equivalents at end of year | 10,469,570 | 3,216,752 | 3,030,229 |
| External Links | |
| TJX COMPANIES INC /DE/ (TJX) 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 |