| Aug'19 | Aug'18 | Aug'17 | Aug'16 | Aug'15 | Aug'14 | Aug'13 | Aug'12 | Aug'11 | Aug'10 | Aug'09 | Aug'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Net income | |||||||||||
1,617,221 | 1,337,536 | 1,280,869 | 1,241,007 | 1,160,241 | 1,069,744 | 1,016,480 | 930,373 | 848,974 | 738,311 | 657,049 | 641,606 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
Depreciation and amortization of property and equipment and intangibles | |||||||||||
369,957 | 345,084 | 323,051 | 297,397 | 269,919 | 251,267 | 227,251 | 211,831 | 196,209 | 192,084 | 180,433 | 169,509 |
Amortization of debt origination fees | |||||||||||
8,162 | 8,393 | 8,369 | 7,980 | 6,230 | 6,856 | 8,239 | 8,066 | 8,962 | 6,495 | 3,644 | 1,837 |
Income tax benefit from exercise of stock options | |||||||||||
- | - | - | - | - | 23,771 | 66,752 | 63,041 | 34,945 | 22,251 | 8,407 | 10,142 |
Deferred income taxes | |||||||||||
35,051 | -124,261 | 74,902 | 45,019 | 35,971 | -14,698 | 19,704 | 25,557 | 44,667 | -9,023 | 46,318 | 67,474 |
Share-based compensation expense | |||||||||||
43,255 | 43,674 | 38,244 | 39,825 | 40,995 | 39,390 | 37,307 | 33,363 | 26,625 | 19,120 | 19,135 | 18,388 |
Pension plan contributions | |||||||||||
- | 11,596 | 17,761 | 52,721 | 0 | 16,910 | - | - | - | - | - | - |
Pension termination charges (refund) | |||||||||||
-6,796 | 130,263 | - | - | - | - | - | - | - | - | - | - |
Asset impairment | |||||||||||
- | 193,162 | - | - | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | |||||||||||
Accounts receivable | |||||||||||
48,512 | -7,534 | -7,795 | 41,447 | 36,466 | 27,963 | 8,196 | 21,276 | 14,605 | -782 | 56,823 | 11,145 |
Merchandise inventories | |||||||||||
394,147 | 188,782 | 236,807 | 227,518 | 266,776 | 276,834 | 232,846 | 167,914 | 155,421 | 96,077 | 76,337 | 137,841 |
Accounts payable and accrued expenses | |||||||||||
464,176 | 319,609 | 82,614 | 271,198 | 291,520 | 285,269 | 356,935 | 197,406 | 342,826 | 349,122 | 137,158 | 175,733 |
Income taxes payable | |||||||||||
-10,489 | -6,438 | -3,659 | 50,122 | 74,487 | 46,555 | 61,003 | 56,754 | 34,319 | 12,474 | 32,264 | -3,861 |
Other, net | |||||||||||
-50,635 | -26,114 | -12,995 | -10,198 | 3,103 | -2,329 | 4,114 | -12,862 | 6,073 | -5,215 | 10,626 | -9,542 |
Net cash provided by operating activities | |||||||||||
2,128,513 | 2,080,292 | 1,570,612 | 1,641,060 | 1,573,018 | 1,341,234 | 1,415,011 | 1,223,981 | 1,291,538 | 1,196,252 | 923,808 | 921,100 |
Cash flows from investing activities: | |||||||||||
Capital expenditures | |||||||||||
496,050 | 521,788 | 553,832 | 488,791 | 480,579 | 438,116 | 414,451 | 378,054 | 321,604 | 315,400 | 272,247 | 243,594 |
Acquisition of business, net of cash | |||||||||||
- | - | - | - | 75,744 | - | 116,084 | 0 | - | - | - | - |
Purchase of intangibles | |||||||||||
- | - | - | 10,000 | 10,000 | 11,112 | - | 0 | - | - | - | - |
Proceeds from sale of assets | |||||||||||
- | 35,279 | - | - | - | - | - | - | - | - | - | - |
Purchase of marketable debt securities | |||||||||||
55,538 | 104,536 | 85,711 | 130,170 | 49,740 | 49,736 | 44,469 | 45,665 | 43,772 | 56,156 | 48,444 | 54,282 |
Proceeds from sale of marketable debt securities | |||||||||||
53,140 | 69,644 | 82,993 | 120,472 | 46,411 | 46,796 | 37,944 | 42,385 | 43,081 | 52,620 | 46,306 | 50,712 |
Proceeds from disposal of capital assets and other, net | |||||||||||
-6,602 | 459 | -2,951 | -2,654 | -1,741 | -4,200 | -9,765 | 6,573 | 3,301 | 11,489 | 10,663 | 4,014 |
Net cash used in investing activities | |||||||||||
-491,846 | -521,860 | -553,599 | -505,835 | -567,911 | -447,968 | -527,295 | -374,761 | -318,994 | -307,447 | -263,722 | -243,150 |
Cash flows from financing activities: | |||||||||||
Net proceeds from commercial paper | |||||||||||
-295,300 | 170,200 | -42,400 | 149,900 | 153,800 | 256,800 | 123,600 | -54,200 | 134,600 | 155,400 | 277,600 | - |
Net payments of short-term borrowings | |||||||||||
- | - | - | - | - | - | -4,948 | -27,071 | 6,901 | 26,186 | - | -206,700 |
Proceeds from issuance of debt | |||||||||||
750,000 | - | 600,000 | 650,000 | 650,000 | 400,000 | 800,000 | 500,000 | 500,000 | - | 500,000 | 750,000 |
Repayment of debt | |||||||||||
250,000 | 250,000 | 400,000 | 500,000 | 500,000 | 500,000 | 500,000 | 0 | 199,300 | - | 300,700 | 229,827 |
Net proceeds from sale of common stock | |||||||||||
188,819 | 89,715 | 54,686 | 80,289 | 66,717 | 42,034 | 97,154 | 75,343 | 55,846 | 52,922 | 39,855 | 27,065 |
Purchase of treasury stock | |||||||||||
2,004,896 | 1,592,013 | 1,071,649 | 1,452,462 | 1,271,416 | 1,099,212 | 1,387,315 | 1,362,869 | 1,466,802 | 1,123,655 | 1,300,002 | 849,196 |
Repayment of principal portion of finance lease liabilities | |||||||||||
53,307 | 49,004 | 47,604 | 36,320 | 34,986 | 32,656 | 27,545 | 26,750 | 22,781 | 16,597 | 17,040 | 15,880 |
Income tax benefit from exercise of stock options | |||||||||||
- | - | - | - | - | 23,771 | 66,752 | 63,041 | 34,945 | 22,251 | 8,407 | 10,142 |
Other, net | |||||||||||
-9,404 | -1,052 | -7,362 | -7,935 | -8,712 | -2,294 | -14,720 | -10,927 | -17,180 | - | -15,016 | -8,286 |
Net cash used in financing activities | |||||||||||
-1,674,088 | -1,632,154 | -914,329 | -1,116,528 | -944,597 | -911,557 | -847,022 | -843,433 | -973,771 | -883,493 | -806,896 | -522,682 |
Effect of exchange rate changes on cash | |||||||||||
-4,103 | -1,724 | 852 | -4,272 | -9,686 | 585 | -1,596 | -300 | 553 | 262 | -2,945 | 539 |
Net (decrease) in cash and cash equivalents | |||||||||||
-41,524 | -75,446 | 103,536 | 14,425 | 50,824 | -17,706 | 39,098 | 5,487 | -674 | 5,574 | -149,755 | 155,807 |
Interest paid, net of interest cost capitalized | |||||||||||
153,371 | 163,965 | 135,331 | 136,731 | 137,630 | 166,477 | 174,037 | 161,797 | 155,531 | 150,745 | 132,905 | 107,477 |
Income taxes paid | |||||||||||
383,871 | 427,161 | 579,925 | 582,384 | 539,152 | 556,974 | 498,587 | 443,666 | 405,654 | 420,575 | 299,021 | 313,875 |
Assets acquired through capital lease | |||||||||||
147,699 | 98,782 | 84,011 | 94,052 | 71,047 | 64,927 | 71,117 | 74,726 | 32,301 | 75,881 | 16,880 | 61,572 |