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: 2021 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 29, 2022 10-K (Filed: Mar 30, 2022) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | |
| Cash flows from operating activities: | |||
| Net income | $ 3,282,815 | 90,470 | 3,272,193 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 868,002 | 870,758 | 867,303 |
| Loss on early extinguishment of debt | 242,248 | 312,233 | 0 |
| Loss on property disposals and impairment charges | 8,601 | 83,794 | 16,054 |
| Deferred income tax (benefit) | (44,450) | (230,690) | (6,233) |
| Share-based compensation | 189,048 | 58,519 | 124,957 |
| Changes in assets and liabilities: | |||
| (Increase) in accounts receivable | (61,452) | (71,091) | (42,998) |
| (Increase) decrease in merchandise inventories | (1,657,753) | 588,756 | (296,541) |
| (Increase) decrease in income taxes recoverable | (78,275) | 10,707 | (34,177) |
| Decrease (increase) in prepaid expenses and other current assets | 32,563 | (57,450) | (17,084) |
| (Decrease) increase in accounts payable | (338,091) | 2,111,189 | 29,338 |
| Increase in accrued expenses and other liabilities | 658,817 | 584,502 | 345,745 |
| Increase (decrease) in income taxes payable | 99,682 | 52,791 | (128,342) |
| (Decrease) increase in net operating lease liabilities | (129,062) | 200,243 | 29,617 |
| Other, net | (15,208) | (42,842) | (93,292) |
| Net cash provided by operating activities | 3,057,485 | 4,561,889 | 4,066,540 |
| Cash flows from investing activities: | |||
| Property additions | (1,044,794) | (568,021) | (1,223,116) |
| Investment in Familia | 0 | 0 | (230,156) |
| Purchases of investments | (21,888) | (29,100) | (28,838) |
| Sales and maturities of investments | 20,296 | 18,524 | 12,720 |
| Other | 0 | 0 | 7,419 |
| Net cash (used in) investing activities | (1,046,386) | (578,597) | (1,461,971) |
| Cash flows from financing activities: | |||
| Payments on revolving credit facilities | 0 | (1,000,000) | 0 |
| Proceeds from long-term debt including revolving credit facilities | 0 | 5,986,873 | 0 |
| Payments of long-term debt and extinguishment expenses | (2,975,518) | (1,418,358) | 0 |
| Payments for debt issuance expenses | 0 | (42,377) | 0 |
| Payments for repurchase of common stock | (2,176,298) | (201,500) | (1,551,992) |
| Proceeds from issuance of common stock | 229,439 | 211,189 | 232,106 |
| Payments of employee tax withholdings for performance based stock awards | (25,548) | (29,309) | (23,423) |
| Cash dividends paid | (1,251,833) | (278,256) | (1,071,562) |
| Net cash (used in) provided by financing activities | (6,199,758) | 3,228,262 | (2,414,871) |
| Effect of exchange rate changes on cash | (54,146) | 41,264 | (3,175) |
| Net (decrease) increase in cash and cash equivalents | (4,242,805) | 7,252,818 | 186,523 |
| Cash and cash equivalents at beginning of year | 10,469,570 | 3,216,752 | |
| Cash and cash equivalents at end of year | 6,226,765 | 10,469,570 | 3,216,752 |
| External Links | |
| TJX COMPANIES INC /DE/ (TJX) 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 |