J. C. PENNEY COMPANY, INC. JCP Cash Flow

J. c. penney company, inc. (JCP)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Oct'18	Aug'18	Jul'18	May'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Oct'09	Jul'09	Apr'09
Cash flows from operating activities
Net income/(loss)
27,000	-93,000	-48,000	-154,000	75,000	-	-151,000	-101,000	-101,000	-78,000	-78,000	261,000	-128,000	-62,000	-187,000	-	174,000	-67,000	-56,000	-68,000	-109,000	-137,000	-117,000	-150,000	-5,000	-188,000	-172,000	-352,000	145,000	-489,000	-586,000	-348,000	-552,000	-123,000	-147,000	-163,000	-87,000	-143,000	14,000	64,000	271,000	44,000	14,000	60,000	200,000	27,000	-1,000	25,000
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities:
Restructuring and management transition
3,000	3,000	2,000	15,000	0	-	0	-	0	-3,000	-3,000	2,000	-1,000	-4,000	77,000	-	0	0	0	-1,000	7,000	-1,000	1,000	3,000	27,000	2,000	1,000	2,000	23,000	48,000	24,000	37,000	19,000	12,000	78,000	12,000	84,000	216,000	13,000	1,000	-	-	-	-	-	-	-	-
Asset impairments and other charges
0	0	0	0	3,000	-	1,000	-	51,000	1,000	1,000	-1,000	4,000	2,000	1,000	-	1,000	0	1,000	1,000	19,000	4,000	1,000	1,000	30,000	5,000	2,000	2,000	18,000	3,000	7,000	2,000	107,000	6,000	3,000	1,000	59,000	6,000	1,000	1,000	-	-	-	-	-	-	-	-
Net gain on sale of non-operating assets
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	0	5,000	0	1,000	6,000	2,000	2,000	2,000	9,000	12,000	46,000	24,000	62,000	0	-	197,000	200,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment
10,000	1,000	-7,000	4,000	9,000	-	1,000	-	40,000	17,000	17,000	0	1,000	1,000	117,000	-	63,000	0	2,000	8,000	0	1,000	0	8,000	1,000	90,000	0	1,000	-1,000	0	2,000	16,000	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain)/loss on extinguishment of debt
0	0	1,000	0	0	-	0	-	0	-23,000	-23,000	2,000	0	-35,000	0	-	0	0	-34,000	4,000	-10,000	0	0	0	-	-34,000	-	-	-	0	-114,000	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and other charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	3,000	-	13,000	3,000	3,000
Depreciation, Depletion and Amortization, Nonproduction
129,000	131,000	137,000	147,000	137,000	-	138,000	-	140,000	141,000	141,000	150,000	131,000	144,000	145,000	-	153,000	149,000	153,000	154,000	157,000	152,000	153,000	154,000	157,000	156,000	160,000	158,000	161,000	161,000	143,000	136,000	157,000	133,000	128,000	125,000	135,000	127,000	128,000	128,000	132,000	128,000	126,000	125,000	131,000	123,000	121,000	120,000
Benefit plans
7,000	-15,000	-15,000	-14,000	-9,000	-	-19,000	-	-18,000	-19,000	-19,000	11,000	-1,000	-15,000	111,000	-	2,000	-14,000	-15,000	-12,000	171,000	4,000	-23,000	-25,000	-60,000	-5,000	-4,000	-9,000	-165,000	16,000	24,000	17,000	162,000	31,000	41,000	38,000	9,000	18,000	14,000	14,000	48,000	52,000	47,000	50,000	42,000	77,000	74,000	83,000
Share-based Payment Arrangement, Noncash Expense
2,000	3,000	4,000	2,000	1,000	-	3,000	-	-1,000	7,000	7,000	2,000	7,000	9,000	7,000	-	8,000	7,000	10,000	10,000	11,000	12,000	11,000	10,000	9,000	8,000	9,000	7,000	6,000	6,000	11,000	5,000	12,000	12,000	14,000	12,000	13,000	7,000	13,000	13,000	17,000	10,000	12,000	14,000	11,000	9,000	10,000	10,000
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-5,000	-6,000	12,000	11,000	5,000	1,000	1,000	3,000	-	-	-	-	-	-	-	-
Deferred taxes
-1,000	-5,000	3,000	-3,000	-4,000	-	-8,000	-	1,000	-2,000	-2,000	-14,000	-30,000	-1,000	-18,000	-	6,000	3,000	3,000	-3,000	12,000	-15,000	2,000	1,000	27,000	-5,000	-14,000	-5,000	54,000	-14,000	-25,000	-164,000	-308,000	-27,000	-153,000	21,000	-127,000	9,000	-11,000	-24,000	47,000	-38,000	120,000	-3,000	-42,000	27,000	92,000	-1,000
Change in cash from:
Tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,000	2,000	2,000
Increase (Decrease) in Retail Related Inventories
-768,000	463,000	-6,000	40,000	-786,000	-	399,000	-	-124,000	145,000	145,000	-603,000	588,000	-172,000	95,000	-	-829,000	710,000	56,000	204,000	-948,000	664,000	194,000	159,000	-706,000	510,000	13,000	-100,000	-812,000	592,000	357,000	457,000	-1,021,000	369,000	-91,000	168,000	-1,460,000	804,000	164,000	195,000	-1,054,000	777,000	276,000	190,000	524,000	-760,000	-21,000	22,000
Prepaid expenses and other assets
-100,000	27,000	-16,000	98,000	-38,000	-	16,000	-	-12,000	33,000	33,000	-51,000	2,000	-7,000	71,000	-	-98,000	19,000	9,000	59,000	-52,000	22,000	-26,000	37,000	-33,000	15,000	-8,000	27,000	-63,000	30,000	9,000	-50,000	-36,000	26,000	22,000	-7,000	-19,000	89,000	7,000	-10,000	-20,000	14,000	2,000	-23,000	-44,000	8,000	-23,000	23,000
Merchandise accounts payable
-319,000	227,000	36,000	-5,000	-387,000	-	324,000	-	-23,000	-40,000	-40,000	-369,000	392,000	57,000	-84,000	-	-516,000	399,000	99,000	70,000	-528,000	331,000	59,000	66,000	-292,000	305,000	143,000	-107,000	-461,000	133,000	29,000	85,000	-246,000	393,000	31,000	-38,000	-809,000	445,000	112,000	141,000	-633,000	356,000	107,000	77,000	-568,000	492,000	200,000	-92,000
Income taxes
-	-	-	3,000	2,000	-	-2,000	-	3,000	-3,000	-3,000	-15,000	0	-2,000	5,000	-	-1,000	-1,000	-3,000	-1,000	-6,000	4,000	2,000	4,000	-16,000	2,000	-6,000	10,000	-12,000	2,000	5,000	55,000	74,000	74,000	113,000	-144,000	89,000	-108,000	-61,000	65,000	105,000	55,000	-144,000	17,000	163,000	-115,000	-108,000	6,000
Accrued expenses and other
31,000	-70,000	63,000	-54,000	48,000	-	-46,000	-	71,000	-186,000	-186,000	18,000	-22,000	61,000	-120,000	-	56,000	60,000	27,000	-264,000	112,000	102,000	127,000	-84,000	80,000	-17,000	32,000	-37,000	34,000	43,000	-24,000	-154,000	158,000	27,000	5,000	-269,000	119,000	12,000	69,000	-163,000	41,000	45,000	94,000	-261,000	119,000	70,000	88,000	-135,000
Net Cash Provided by (Used in) Operating Activities
734,000	-307,000	206,000	-205,000	670,000	-	-176,000	-	219,000	-354,000	-354,000	637,000	-239,000	402,000	-346,000	-	735,000	-193,000	186,000	-394,000	856,000	-232,000	42,000	-226,000	693,000	-320,000	137,000	-271,000	383,000	-737,000	-708,000	-752,000	645,000	-48,000	-30,000	-577,000	953,000	-305,000	120,000	52,000	1,110,000	-139,000	-294,000	-85,000	1,100,000	-30,000	437,000	66,000
Cash flows from investing activities
Capital expenditures
83,000	80,000	75,000	71,000	71,000	-	100,000	-	115,000	106,000	106,000	108,000	95,000	109,000	83,000	-	145,000	122,000	121,000	39,000	86,000	93,000	95,000	46,000	50,000	61,000	61,000	80,000	137,000	161,000	439,000	214,000	230,000	341,000	132,000	107,000	165,000	174,000	178,000	117,000	119,000	151,000	113,000	116,000	176,000	120,000	148,000	156,000
Payments for (Proceeds from) Investments
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	0	-2,000	0	0	-7,000	-6,000	-7,000	-2,000	-11,000	-15,000	-55,000	-33,000	-55,000	0	-	-279,000	-246,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	0	9,000	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of operating assets
12,000	2,000	4,000	8,000	12,000	-	11,000	-	82,000	39,000	39,000	1,000	7,000	10,000	136,000	-	80,000	0	4,000	12,000	5,000	1,000	0	5,000	2,000	66,000	0	2,000	0	0	1,000	18,000	-	0	-	-	-	1,000	-	-	10,000	0	0	4,000	1,000	12,000	0	0
Joint venture return of investment
-	-	-	-	0	-	3,000	-	0	-	0	0	0	1,000	8,000	-	-2,000	0	1,000	14,000	0	0	0	0	-	0	8,000	-	-	-	-	-	-	-	-	-	-	-53,000	-	-	-	-	-	-	-	-	-	-
Net Cash Provided by (Used in) Investing Activities
-65,000	-78,000	-70,000	-63,000	-59,000	-	-85,000	-	-33,000	-67,000	-67,000	-104,000	-88,000	-98,000	61,000	-	-67,000	-122,000	-116,000	-11,000	-81,000	-92,000	-88,000	-35,000	-44,000	7,000	-42,000	-63,000	-82,000	-128,000	-383,000	-196,000	-229,000	-62,000	114,000	-116,000	-455,000	-120,000	-178,000	-117,000	-109,000	-151,000	-113,000	-112,000	-175,000	-108,000	-148,000	-156,000
Cash flows from financing activities
Payment on short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	650,000	-	-	200,000	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of long-term debt
0	0	0	0	0	-	0	-	0	400,000	400,000	0	0	0	0	-	-	0	2,188,000	-	-	0	0	-	-	393,000	500,000	-	-	0	2,180,000	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowings under the credit facility
818,000	881,000	538,000	408,000	429,000	-	1,208,000	-	1,281,000	977,000	977,000	283,000	249,000	272,000	0	-	-	259,000	0	-	-	-	-	-	-	-	-	-	0	0	0	850,000	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of borrowings under the credit facility
1,247,000	452,000	656,000	290,000	866,000	-	948,000	-	1,455,000	626,000	626,000	494,000	38,000	272,000	0	-	-	97,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Premium On Early Retirement Of Long Term Debt
0	0	0	0	0	-	0	-	0	20,000	20,000	0	0	30,000	0	-	-	0	0	-	-	0	-	-	-	33,000	-	-	-	0	110,000	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of finance leases and note payable
1,000	1,000	0	1,000	0	-	2,000	-	2,000	2,000	2,000	2,000	2,000	6,000	6,000	-	5,000	5,000	5,000	14,000	6,000	4,000	18,000	5,000	4,000	4,000	13,000	5,000	5,000	5,000	14,000	5,000	-	13,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of long-term debt
11,000	60,000	15,000	11,000	10,000	-	11,000	-	10,000	576,000	576,000	47,000	11,000	311,000	230,000	-	10,000	89,000	2,188,000	62,000	500,000	7,000	7,000	6,000	7,000	394,000	6,000	5,000	6,000	5,000	245,000	0	-	230,000	-	-	-	-	-	-	0	0	300,000	393,000	0	0	113,000	0
Financing costs
0	0	0	0	0	-	0	-	0	7,000	7,000	0	0	9,000	0	-	-	0	49,000	-	-	0	0	-	-	1,000	60,000	-	1,000	18,000	4,000	8,000	0	0	2,000	2,000	5,000	0	0	15,000	-	-	-	-	0	0	2,000	30,000
Proceeds from stock issued under stock plans
1,000	0	1,000	0	1,000	-	0	-	1,000	1,000	1,000	1,000	1,000	3,000	0	-	-	1,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from common stock issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	786,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid, common
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	43,000	43,000	43,000	43,000	45,000	47,000	47,000	48,000	47,000	47,000	47,000	47,000	0	89,000
Stock repurchase program
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	167,000	733,000	-	-	-	-	-	-	-	-
Proceeds from issuance of stock warrant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50,000	-	-	-	-	-	-	-	-	-
Proceeds from stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-	-	0	0	-	-	-	-	0	0	2,000	5,000	1,000	1,000	1,000	68,000	6,000	1,000	3,000	8,000	1,000	2,000	1,000	4,000	1,000	2,000	1,000	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-5,000	-6,000	12,000	11,000	5,000	1,000	1,000	3,000	1,000	0	0	1,000	-	0	0	0
Tax withholding payments for vested restricted stock
0	1,000	0	0	0	-	0	-	0	3,000	3,000	1,000	1,000	0	3,000	-	3,000	0	2,000	5,000	3,000	0	0	2,000	0	0	0	1,000	1,000	1,000	4,000	3,000	0	5,000	3,000	9,000	39,000	0	0	6,000	0	1,000	2,000	-1,000	5,000	0	0	-2,000
Net Cash Provided by (Used in) Financing Activities
-440,000	367,000	-132,000	106,000	-446,000	-	247,000	-	-185,000	144,000	144,000	-260,000	198,000	-353,000	-239,000	-	36,000	69,000	-56,000	-80,000	-513,000	-11,000	-25,000	-13,000	-15,000	-39,000	-229,000	-11,000	-13,000	557,000	1,805,000	839,000	-11,000	-253,000	-35,000	25,000	-76,000	-41,000	-158,000	-790,000	-45,000	-47,000	32,000	-436,000	-47,000	-45,000	-114,000	-121,000
Operating cash flows
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,000	-3,000
Investing cash flows
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Financing cash flows
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Total cash (paid for) discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,000	-3,000
Net increase/(decrease) in cash and cash equivalents
229,000	-18,000	4,000	-162,000	165,000	-	-14,000	-	1,000	-277,000	-277,000	273,000	-129,000	-49,000	-524,000	-	704,000	-246,000	14,000	-485,000	262,000	-335,000	-71,000	-274,000	634,000	-352,000	-134,000	-345,000	288,000	-308,000	714,000	-109,000	405,000	-363,000	49,000	-668,000	422,000	-466,000	-216,000	-855,000	956,000	-337,000	-375,000	-633,000	882,000	-183,000	174,000	-214,000
Income taxes received/(paid), net
-	2,000	4,000	2,000	-	-	2,000	-	1,000	4,000	4,000	-	1,000	4,000	1,000	-	-	1,000	5,000	3,000	-	0	2,000	0	-	1,000	16,000	3,000	-	1,000	2,000	-90,000	-	-134,000	-55,000	-4,000	-	-15,000	-82,000	-1,000	-	-	-	-	-	-	-	-
Income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	30,000	20,000	-	-	-	-
Interest received/(paid), net
-	91,000	48,000	91,000	-	-	97,000	-	32,000	113,000	113,000	-	84,000	59,000	104,000	-	-	103,000	62,000	122,000	-	128,000	58,000	126,000	-	160,000	57,000	126,000	-	125,000	152,000	84,000	-	92,000	23,000	90,000	-	90,000	-	92,000	-	91,000	27,000	117,000	-	-	-	-
Property contributed to joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	30,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase/(decrease) in other accounts payable related to purchases of property and equipment and software
-	-3,000	3,000	-18,000	-	-	-9,000	-	-4,000	-16,000	-16,000	-	-4,000	1,000	5,000	-	-	1,000	-9,000	41,000	-	-19,000	18,000	11,000	-	-2,000	-6,000	1,000	-	-53,000	-178,000	280,000	-	-24,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Remeasurement of leased assets and lease obligations
-	25,000	24,000	28,000	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase/ (decrease) in other accounts payable related to purchases of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-66,000	-16,000	-	-7,000	-	-	-	-	-	-	-	-	-	-
Financing costs withheld from proceeds of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	7,000	-	-	-	0	70,000	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment and software through capital leases and a note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	1,000	-	-	-	57,000	-	-	-	3,000	-	-	-	-	-	-	-	-	-	-
Issuance costs withheld from proceeds of common stock issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return of shares of Martha Stewart Living Omnimedia Inc. previously acquired by the Company
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest received/(paid), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,000	-	-	-	-	-	-	-	-	-
Interest received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-	1,000	1,000	2,000	-	-	-	-