Costco wholesale corp /new (COST)
CashFlow / TTM
Feb'20Nov'19Sep'19May'19Feb'19Nov'18Sep'18Apr'18Feb'18Nov'17Sep'17Apr'17Jan'17Nov'16Aug'16Apr'16Jan'16Nov'15Aug'14Apr'14Feb'14Nov'13Aug'13Apr'13Feb'13Nov'12Aug'12Apr'12Jan'12Nov'11Aug'11Apr'11Feb'11Nov'10Aug'10Apr'10Jan'10Nov'09Aug'09Apr'09Feb'09Nov'08
CASH FLOWS FROM OPERATING ACTIVITIES
Net income including noncontrolling interests

3,829

3,783

3,704

3,647

3,493

0

3,179

3,058

3,002

2,810

2,714

2,567

2,410

2,444

2,376

0

0

0

2,088

2,005

1,990

2,071

2,061

2,061

2,002

1,860

1,767

1,645

1,581

1,538

1,542

1,479

1,449

1,385

1,323

1,264

1,165

1,103

1,099

0

0

0

Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:
Depreciation and amortization

1,567

1,530

1,492

1,450

1,441

0

1,437

1,447

1,440

1,408

1,370

1,337

1,308

1,281

1,255

0

0

0

1,029

1,003

987

964

946

943

924

916

908

889

883

869

855

828

812

802

795

790

781

757

728

0

0

0

Stock-based compensation

625

626

595

595

587

0

544

541

538

537

514

501

494

484

459

0

0

0

327

326

311

304

285

272

266

258

241

234

232

226

207

203

199

195

190

188

192

189

181

0

0

0

Undistributed equity earnings in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

41

35

33

0

0

0

Excess tax benefits on stock-based awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

84

78

79

88

61

72

75

66

64

52

57

64

45

44

32

22

10

9

6

5

2

0

0

0

Other non-cash operating activities, net

-17

-29

-9

-7

10

0

6

-49

-45

-71

14

148

111

153

57

0

0

0

-22

-19

-7

5

7

10

3

-26

-28

-38

-33

-26

-23

30

37

38

40

-115

-97

-84

-46

0

0

0

Deferred income taxes

-175

-183

-147

61

12

0

49

97

138

80

29

-158

-329

-335

-269

0

0

0

-

-

-

-12

-7

-19

-37

-9

3

-99

-83

-75

-84

15

-4

-4

-7

-68

-74

-65

-70

0

0

0

Changes in operating assets and liabilities:
Merchandise inventories

481

1,596

536

894

960

0

1,313

770

961

326

894

985

662

535

25

0

0

0

563

887

773

1,263

898

651

685

483

490

719

818

792

642

450

427

330

213

168

211

93

394

0

0

0

Accounts payable

469

1,164

322

401

391

0

1,561

1,184

1,165

609

2,258

750

529

740

-1,532

0

0

0

529

683

424

746

718

582

650

630

338

680

629

834

804

531

441

535

445

424

366

349

255

0

0

0

Other operating assets and liabilities, net

-841

-523

-623

-472

-687

0

-421

-642

-464

-910

-807

-469

-605

-604

-547

0

0

0

-699

-644

-723

-533

-386

-460

-222

-345

-332

-454

-430

-430

-370

-325

-423

-204

-283

-224

-287

-520

-142

0

0

0

Net cash provided by operating activities

7,119

6,281

6,356

5,617

5,617

0

5,774

6,054

5,555

5,939

6,726

4,723

4,976

5,274

3,292

0

0

0

3,984

3,705

3,564

3,274

3,437

3,604

3,338

3,495

3,057

3,268

2,996

3,142

3,198

2,868

2,866

2,749

2,780

2,718

2,602

2,858

2,092

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of short-term investments

1,273

1,099

1,094

1,134

1,110

0

1,060

1,057

1,061

1,149

1,279

1,546

1,558

1,637

1,432

0

0

0

2,503

2,791

2,821

2,525

2,572

2,361

2,295

2,406

2,048

2,072

2,261

3,055

3,276

4,000

3,949

3,078

2,693

1,641

1,433

1,497

1,806

0

0

0

Maturities and sales of short-term investments

1,387

1,288

1,231

1,135

1,111

0

1,078

1,082

1,239

1,280

1,385

1,487

1,557

1,541

1,709

0

0

0

2,406

2,295

2,688

2,492

2,385

2,779

2,629

2,348

2,303

2,554

2,500

2,527

2,614

2,023

1,830

1,599

1,428

1,270

1,339

1,421

1,780

0

0

0

Sales of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

440

379

460

602

705

678

512

309

133

135

167

183

0

0

0

Additions to property and equipment

2,941

2,983

2,998

3,045

2,958

0

2,969

2,692

2,647

2,655

2,502

2,572

2,493

2,601

2,649

0

0

0

1,993

2,130

2,161

2,169

2,083

1,959

1,791

1,625

1,480

1,372

1,382

1,327

1,290

1,229

1,089

1,048

1,055

997

1,085

1,188

1,250

0

0

0

Increase resulting from initial consolidation of Costco Mexico

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-165

-165

-165

-165

0

0

0

0

-

-

-

-

Proceeds from the sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

10

10

10

4

5

5

8

7

0

0

0

Other investing activities, net

-33

-36

4

-4

3

0

-4

1

3

-28

-30

-56

-49

-29

-27

0

0

0

3

-4

-7

20

-19

-9

-9

-46

11

0

-1

0

-5

15

15

16

8

10

9

6

15

0

0

0

Net cash used in investing activities

-2,794

-2,758

-2,865

-3,040

-2,960

0

-2,947

-2,668

-2,472

-2,496

-2,366

-2,575

-2,445

-2,668

-2,345

0

0

0

-2,093

-2,622

-2,287

-2,222

-2,251

-1,835

-1,639

-1,739

-1,236

-459

-771

-1,395

-1,180

-2,341

-2,370

-1,856

-2,015

-1,235

-1,048

-1,095

-1,101

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Change in bank checks outstanding

-69

139

210

269

375

0

80

-16

3

319

-236

-35

-45

-77

81

0

0

0

96

-63

-50

-303

-70

-36

471

532

457

-137

-272

-427

-514

-76

-390

62

5

90

115

-31

-22

0

0

0

Repayments of short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

172

287

230

107

146

114

186

189

178

105

40

55

50

73

114

484

804

1,777

0

0

0

Proceeds from short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106

0

0

0

68

92

182

219

326

293

180

124

114

185

188

188

79

9

9

43

81

125

390

694

1,669

0

0

0

Proceeds from issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130

127

129

78

0

0

0

0

-

-

-

-

-

-

-

-

Repayments of long-term debt

1,200

0

89

117

117

0

86

1,158

2,258

2,258

2,200

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

85

43

40

6

0

0

0

Distribution to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-183

-183

-183

-161

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

85

105

94

109

83

131

198

285

0

0

0

-

-

-

-

-

-

-

-

Tax withholdings on stock-based awards

329

328

272

271

271

0

217

217

217

217

202

203

202

202

220

0

0

0

164

165

167

168

121

120

120

119

107

107

113

113

61

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefits on stock-based awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

84

78

79

88

61

72

75

66

64

52

57

64

45

44

32

22

10

9

6

5

2

0

0

0

Proceeds from stock-based awards, net of minimum tax withholdings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

186

124

103

69

0

0

0

Repurchases of common stock

175

245

247

285

293

0

328

471

463

471

469

372

463

466

486

0

0

0

334

171

0

0

36

216

356

505

632

729

697

642

624

782

784

696

551

116

8

2

69

0

0

0

Cash dividend payments

1,110

1,110

1,038

1,002

970

0

689

3,947

3,926

3,706

3,904

790

768

944

746

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

389

359

348

348

338

315

306

375

296

0

0

0

Other financing activities, net

-41

-37

-9

-7

-6

0

-41

-64

-62

-65

11

99

97

94

55

0

0

0

-

-

-

-

-

-

-

-

-6

-4

-4

0

-2

-1

0

-2

38

0

0

0

-

-

0

0

Net cash used in financing activities

-2,626

-1,283

-1,147

-1,413

-1,282

0

-1,281

-2,091

-3,141

-2,616

-3,218

-2,472

-1,457

-2,855

-2,419

0

0

0

-786

-714

-415

-148

44

-1,054

-1,654

-2,227

-2,281

-2,026

-1,166

-1,123

-1,277

-969

-1,333

-801

-719

-191

-177

-420

-439

0

0

0

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

7

9

-15

-28

-76

0

-37

44

95

57

25

-22

37

0

50

0

0

0

-11

-81

-145

-102

-114

-58

-21

49

-21

-74

-25

-44

54

111

58

30

11

38

52

59

-14

0

0

0

Net change in cash and cash equivalents

1,706

2,249

2,329

1,136

1,299

0

1,509

1,339

37

884

1,167

-346

1,111

-249

-1,422

0

0

0

1,094

288

717

802

1,116

657

24

-422

-481

709

1,034

580

795

-331

-779

122

57

1,330

1,429

1,402

538

0

0

0

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid

133

142

141

134

133

138

143

113

155

151

131

129

125

126

123

0

0

0

109

107

108

87

86

65

87

87

112

112

112

113

111

110

112

111

110

108

105

104

104

0

0

0

Income taxes, net

890

1,151

1,187

1,205

1,220

0

1,204

1,435

1,388

1,328

1,185

937

964

826

953

0

0

0

869

809

784

883

1,001

952

1,021

926

956

778

848

808

742

750

600

678

637

595

683

578

565

0

0

0

SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:
Decrease in accrued property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Property acquired under a capital lease

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

0

0

Unsettled repurchases of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

17

22

17

4

14

22

17

0

0

0

-

-

-

-

Increase in accrued property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Noncash or Part Noncash Acquisition, Fixed Assets Acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-