| Feb'20 | Feb'19 | Jan'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 | Jan'12 | Jan'11 | Jan'10 | Jan'09 | Jan'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||||||||
Net earnings | ||||||||||||
11,242 | 11,121 | 8,630 | 7,957 | 7,009 | 6,345 | 5,385 | 4,535 | 3,883 | 3,338 | 2,661 | 2,260 | 4,395 |
Reconciliation of net earnings to net cash provided by operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
2,296 | 2,152 | 2,062 | 1,973 | 1,863 | 1,786 | 1,757 | 1,684 | 1,682 | 1,718 | 1,806 | 1,902 | 1,906 |
Impairment Related to Rationalization Charges | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 580 | 0 |
Impairment of Investment | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 163 | 163 | 0 |
Stock-based compensation expense | ||||||||||||
251 | 282 | 273 | 267 | 244 | 225 | 228 | 218 | 215 | 214 | 201 | 176 | 207 |
Impairment loss | ||||||||||||
0 | 247 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Gain on sales of investments | ||||||||||||
- | - | - | - | 144 | 323 | 0 | 0 | - | - | - | - | - |
Goodwill Impairment | ||||||||||||
- | - | - | - | - | - | - | 97 | 0 | 0 | - | - | - |
Changes in receivables, net | ||||||||||||
170 | -33 | -139 | 138 | 181 | 81 | 15 | 143 | 170 | 102 | 23 | -121 | -116 |
Changes in merchandise inventories | ||||||||||||
593 | 1,244 | 84 | 769 | 546 | 124 | 455 | 350 | -256 | 355 | -625 | -743 | 491 |
Changes in other current assets | ||||||||||||
135 | 257 | 10 | 48 | 5 | 199 | 5 | -93 | -159 | -12 | -4 | 7 | -109 |
Changes in accounts payable and accrued expenses | ||||||||||||
68 | 743 | 352 | 446 | 888 | 244 | 605 | 698 | 422 | -133 | 59 | -646 | -465 |
Changes in deferred revenue | ||||||||||||
334 | 80 | 128 | 99 | 109 | 146 | 75 | 121 | -29 | 10 | -21 | -292 | -159 |
Changes in income taxes payable | ||||||||||||
44 | -42 | 29 | 109 | 154 | 168 | 119 | 87 | 14 | -85 | -174 | 262 | 0 |
Changes in deferred income taxes | ||||||||||||
-202 | -26 | -92 | 117 | -15 | -159 | 31 | -107 | -170 | -104 | 227 | 282 | 348 |
Other Long-Term Liabilities | ||||||||||||
- | - | - | - | - | - | - | -180 | -2 | -61 | -19 | 306 | 186 |
Other operating activities | ||||||||||||
-184 | 103 | -420 | -4 | 33 | 104 | 35 | -8 | -51 | 75 | -70 | -242 | -271 |
Net cash provided by operating activities | ||||||||||||
13,723 | 13,038 | 12,031 | 9,783 | 9,373 | 8,242 | 7,628 | 6,975 | 6,651 | 4,585 | 5,125 | 5,528 | 5,727 |
Cash Flows from Investing Activities: | ||||||||||||
Capital expenditures | ||||||||||||
2,678 | 2,442 | 1,897 | 1,621 | 1,503 | 1,442 | 1,389 | 1,312 | 1,221 | 1,096 | 966 | 1,847 | 3,558 |
Proceeds from sales of investments | ||||||||||||
- | - | - | - | 144 | 323 | 0 | 0 | 101 | 0 | 0 | - | 8,337 |
Payments for businesses acquired, net | ||||||||||||
0 | 21 | 374 | 0 | 1,666 | 200 | 206 | 170 | 65 | 0 | 0 | - | 13 |
Proceeds from sales of property and equipment | ||||||||||||
37 | 33 | 47 | 38 | 43 | 48 | 88 | 50 | 56 | 84 | 178 | 147 | 318 |
Other investing activities | ||||||||||||
12 | -14 | 4 | 0 | 0 | - | - | - | - | - | - | - | - |
Purchases of Investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 168 | 11,225 |
Net cash used in investing activities | ||||||||||||
-2,653 | -2,416 | -2,228 | -1,583 | -2,982 | -1,271 | -1,507 | -1,432 | -1,129 | -1,012 | -755 | -1,729 | 4,758 |
Cash Flows from Financing Activities: | ||||||||||||
(Repayments of) proceeds from short-term debt, net | ||||||||||||
-365 | -220 | 850 | 360 | 60 | 290 | 0 | - | - | - | - | -1,732 | 1,734 |
Proceeds from Short-Term Borrowings, net | ||||||||||||
- | - | - | - | - | - | - | 0 | - | - | - | - | - |
Proceeds from long-term debt, net of discounts and premiums | ||||||||||||
3,420 | 3,466 | 2,991 | 4,959 | 3,991 | 1,981 | 5,222 | 0 | 1,994 | 998 | 0 | - | - |
Proceeds from Sales and Maturities of Investments | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 33 | 139 | 10,899 |
Repayments of long-term debt | ||||||||||||
1,070 | 1,209 | 543 | 3,045 | 39 | 39 | 1,289 | 32 | 1,028 | 1,029 | 1,774 | 313 | 20 |
Payments for Repurchase of Common Stock | ||||||||||||
6,965 | 9,963 | 8,000 | 6,880 | 7,000 | 7,000 | 8,546 | 3,984 | 3,470 | 2,608 | 213 | 70 | 10,815 |
Proceeds from sales of common stock | ||||||||||||
280 | 236 | 255 | 218 | 228 | 252 | 241 | 784 | 306 | 104 | 73 | 84 | 276 |
Cash dividends | ||||||||||||
5,958 | 4,704 | 4,212 | 3,404 | 3,031 | 2,530 | 2,243 | 1,743 | 1,632 | 1,569 | 1,525 | 1,521 | 1,709 |
Other financing activities | ||||||||||||
-176 | -26 | -211 | -78 | 4 | -25 | -37 | -59 | -218 | -347 | -64 | -128 | -105 |
Net cash used in financing activities | ||||||||||||
-10,834 | -12,420 | -8,870 | -7,870 | -5,787 | -7,071 | -6,652 | -5,034 | -4,048 | -4,451 | -3,503 | -3,680 | -10,639 |
Change in cash and cash equivalents | ||||||||||||
236 | -1,798 | 933 | 330 | 604 | -100 | -531 | 509 | 1,474 | -878 | 867 | 119 | -154 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||||
119 | -19 | 124 | -8 | -111 | -106 | -34 | -2 | -32 | 2 | 35 | -45 | -1 |
Supplemental Disclosures: | ||||||||||||
Cash paid for income taxes | ||||||||||||
3,220 | 3,774 | 4,732 | 4,623 | 3,853 | 3,435 | 2,839 | 2,482 | 1,865 | 2,067 | 2,082 | 1,265 | 2,524 |
Cash paid for interest, net of interest capitalized | ||||||||||||
1,112 | 1,035 | 991 | 924 | 874 | 782 | 639 | 617 | 580 | 579 | 664 | 622 | 672 |
Non-cash capital expenditures | ||||||||||||
136 | 248 | 150 | 179 | 165 | - | - | - | - | - | - | - | - |