NORDSTROM, INC. JWN Cash Flow

Nordstrom, inc. (JWN)

CashFlow / Yearly

Feb'20	Feb'19	Feb'18	Jan'17	Jan'16	Jan'15	Jan'14	Jan'13	Jan'12	Jan'11	Jan'10	Jan'09	Jan'08
Operating Activities
Net Income (Loss) Attributable to Parent
496,000	564,000	437,000	354,000	600,000	720,000	734,000	735,000	683,000	613,000	441,000	401,000	715,000
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization expenses and other, net
671,000	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization expenses and other, net
661,000	669,000	666,000	645,000	576,000	508,000	454,000	429,000	371,000	327,000	313,000	302,000	269,000
Goodwill impairment
-	-	-	197,000	0	0	-	-	-	-	-	-	-
Amortization of deferred property incentives
0	-75,000	-82,000	-76,000	-64,000	-76,000	-58,000	-63,000	-46,000	-54,000	42,000	21,000	-36,000
Non-cash Lease Expense
183,000	0	0	-	-	-	-	-	-	-	-	-	-
Deferred Income Tax Expense (Benefit)
52,000	-34,000	11,000	-15,000	142,000	7,000	12,000	22,000	14,000	2,000	-58,000	-36,000	-42,000
Share-based Payment Arrangement, Noncash Expense
69,000	90,000	77,000	91,000	70,000	68,000	58,000	53,000	50,000	42,000	32,000	28,000	26,000
Tax (deficiency) benefit from stock-based compensation
-	-	-	-	-	20,000	21,000	23,000	20,000	15,000	6,000	3,000	28,000
Excess tax benefit from stock-based compensation
-	-	-	-	-	22,000	23,000	24,000	22,000	16,000	7,000	4,000	-26,000
Bad debt expense
-	-	-	-	26,000	41,000	52,000	42,000	84,000	149,000	251,000	173,000	107,000
Gain on sale of Faconnable
-	-	-	-	-	-	-	-	-	-	-	-	34,000
Change in operating assets and liabilities:
Accounts receivable
-82,000	4,000	-1,000	3,000	56,000	161,000	93,000	99,000	81,000	74,000	159,000	93,000	-1,083,000
Proceeds from sale of credit card receivables originated at Nordstrom
0	0	39,000	0	1,297,000	0	0	-	-	-	-	-	-
Investment in asset-backed securities
-	-	-	-	-	-	-	-	-	-	-	-	420,000
Merchandise inventories
-30,000	-15,000	62,000	-31,000	203,000	176,000	157,000	170,000	137,000	80,000	1,000	-53,000	-
Prepaid expenses and other assets
38,000	8,000	21,000	-100,000	126,000	4,000	6,000	-5,000	0	-1,000	38,000	-38,000	-36,000
Accounts payable
98,000	12,000	77,000	16,000	-2,000	15,000	167,000	48,000	54,000	72,000	168,000	16,000	-19,000
Accrued salaries, wages and related benefits
-71,000	1,000	121,000	38,000	2,000	18,000	-12,000	13,000	6,000	37,000	120,000	-54,000	-64,000
Other current liabilities
-94,000	15,000	48,000	181,000	50,000	155,000	60,000	36,000	95,000	42,000	81,000	-48,000	36,000
Deferred property incentives
6,000	53,000	64,000	65,000	156,000	110,000	89,000	58,000	78,000	95,000	96,000	119,000	58,000
Increase (Decrease) in Lease Liability
-259,000	0	0	-	-	-	-	-	-	-	-	-	-
Other liabilities
11,000	-2,000	24,000	34,000	2,000	-3,000	22,000	2,000	8,000	6,000	48,000	-29,000	-1,000
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-6,000
Net cash provided by operating activities
1,236,000	1,296,000	1,400,000	1,658,000	2,470,000	1,220,000	1,320,000	1,110,000	1,177,000	1,177,000	1,251,000	848,000	312,000
Investing Activities
Capital expenditures
935,000	654,000	731,000	846,000	1,082,000	861,000	803,000	513,000	511,000	399,000	360,000	563,000	501,000
Change in restricted cash
-	-	-	-	-	-	-	-200,000	200,000	0	-	-	-
Change in credit card receivables originated at third parties
-	-	-	-	-34,000	8,000	6,000	42,000	7,000	66,000	182,000	232,000	151,000
Proceeds from sale of credit card receivables originated at third parties
0	0	16,000	0	890,000	0	0	-	-	-	-	-	-
Proceeds from sale of Faconnable
-	-	-	-	-	-	-	-	-	-	-	-	216,000
Other, net
-26,000	-1,000	-31,000	-55,000	-14,000	20,000	13,000	14,000	10,000	-3,000	-1,000	-3,000	-15,000
Net cash used in investing activities
-909,000	-653,000	-684,000	-791,000	-144,000	-889,000	-822,000	-369,000	-728,000	-462,000	-541,000	-792,000	-421,000
Financing Activities
Repayments from commercial paper borrowings, net
-	-	-	-	-	-	-	-	-	-	-275,000	275,000	-
Proceeds from long-term borrowings, net of discounts
499,000	0	635,000	0	16,000	34,000	399,000	0	824,000	498,000	399,000	150,000	2,510,000
Principal payments on long-term borrowings
500,000	56,000	661,000	10,000	8,000	7,000	407,000	506,000	6,000	356,000	25,000	410,000	680,000
Defeasance of long-term debt
-	-	-	-	339,000	0	0	-	-	-	-	-	-
Proceeds from sale of interest rate swap
-	-	-	-	-	-	-	-	-72,000	0	-	-	-
Increase (decrease) in cash book overdrafts
8,000	0	-55,000	4,000	23,000	-4,000	47,000	5,000	-30,000	37,000	9,000	20,000	-5,000
Cash dividends paid
229,000	250,000	247,000	256,000	1,185,000	251,000	234,000	220,000	197,000	167,000	139,000	138,000	134,000
Payments for repurchase of common stock
210,000	678,000	211,000	277,000	1,192,000	610,000	515,000	725,000	840,000	84,000	0	264,000	1,702,000
Proceeds from issuances under stock compensation plans
29,000	163,000	39,000	83,000	94,000	141,000	103,000	91,000	76,000	48,000	34,000	13,000	34,000
Tax withholding on share-based awards
17,000	20,000	7,000	5,000	4,000	22,000	23,000	24,000	22,000	16,000	7,000	4,000	26,000
Proceeds from employee stock purchase plan
-	-	-	-	-	-	-	-	-	-	-	17,000	17,000
Other, net
-11,000	-26,000	-35,000	6,000	37,000	-23,000	-5,000	-2,000	1,000	4,000	3,000	-9,000	-12,000
Net cash used in financing activities
-431,000	-867,000	-542,000	-455,000	-2,558,000	-698,000	-589,000	-1,333,000	-78,000	-4,000	13,000	-342,000	64,000
Net (decrease) increase in cash and cash equivalents
-104,000	-224,000	174,000	412,000	-232,000	-367,000	-91,000	-592,000	371,000	711,000	723,000	-286,000	-45,000
Cash paid during the year for:
Income taxes, net of refunds
178,000	280,000	363,000	112,000	383,000	391,000	445,000	429,000	398,000	381,000	240,000	340,000	478,000
Interest, net of capitalized interest
111,000	118,000	143,000	134,000	136,000	152,000	170,000	169,000	124,000	121,000	134,000	145,000	75,000
Non-cash investing and financing activities:
Beneficial interest asset acquired from the sale of credit card receivables
-	-	-	-	62,000	0	0	-	-	-	-	-	-
Issuance of common stock for Trunk Club acquisition
-	-	-	-	23,000	280,000	0	0	148,000	-	-	-	-
Debt exchange
-	-	-	-	-	-	201,000	0	0	-	-	-	-
Issuance of common stock for HauteLook acquisition
-	-	-	-	-	-	-	-	-	0	0	-	-