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: 2022 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 28, 2023 10-K (Filed: Mar 29, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | |
| Cash flows from operating activities: | |||
| Net income | $ 3,498 | 3,283 | 90 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 887 | 868 | 871 |
| Impairment on equity investment | 218 | 0 | 0 |
| Loss on early extinguishment of debt | 0 | 242 | 312 |
| Loss on property disposals and impairment charges | 23 | 9 | 84 |
| Deferred income tax provision (benefit) | 64 | (44) | (231) |
| Share-based compensation | 122 | 189 | 59 |
| Changes in assets and liabilities: | |||
| (Increase) in accounts receivable | (51) | (61) | (71) |
| Decrease (increase) in merchandise inventories | 58 | (1,658) | 589 |
| (Increase) decrease in income taxes recoverable | (5) | (78) | 11 |
| (Increase) decrease in prepaid expenses and other current assets | (73) | 33 | (57) |
| (Decrease) increase in accounts payable | (600) | (338) | 2,111 |
| (Decrease) increase in accrued expenses and other liabilities | (23) | 659 | 585 |
| (Decrease) increase in income taxes payable | (126) | 100 | 53 |
| (Decrease) increase in net operating lease liabilities | (1) | (129) | 200 |
| Other, net | 93 | (18) | (44) |
| Net cash provided by operating activities | 4,084 | 3,057 | 4,562 |
| Cash flows from investing activities: | |||
| Property additions | (1,457) | (1,045) | (568) |
| Purchases of investments | (31) | (22) | (29) |
| Sales and maturities of investments | 18 | 21 | 18 |
| Net cash (used in) investing activities | (1,470) | (1,046) | (579) |
| Cash flows from financing activities: | |||
| Payments for repurchase of common stock | (2,255) | (2,176) | (202) |
| Proceeds from issuance of common stock | 321 | 229 | 211 |
| Cash dividends paid | (1,339) | (1,252) | (278) |
| Payments on revolving credit facilities | 0 | 0 | (1,000) |
| Proceeds from long-term debt including revolving credit facilities | 0 | 0 | 5,987 |
| Payments of long-term debt and extinguishment expenses | 0 | (2,976) | (1,418) |
| Other | (33) | (25) | (72) |
| Net cash (used in) provided by financing activities | (3,306) | (6,200) | 3,228 |
| Effect of exchange rate changes on cash | (58) | (54) | 42 |
| Net (decrease) increase in cash and cash equivalents | (750) | (4,243) | 7,253 |
| Cash and cash equivalents at beginning of year | 6,227 | 10,470 | |
| Cash and cash equivalents at end of year | 5,477 | 6,227 | 10,470 |
| External Links | |
| TJX COMPANIES INC /DE/ (TJX) Fiscal Year 2022 | |