KOHL’S CORP KSS Cash Flow

Kohl’s corp (KSS)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Oct'17	Jul'17	Apr'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
Operating activities
Net income
691,000	698,000	736,000	788,000	801,000	997,000	953,000	868,000	859,000	644,000	673,000	605,000	556,000	599,000	573,000	563,000	673,000	746,000	767,000	869,000	867,000	832,000	868,000	867,000	889,000	932,000	970,000	979,000	986,000	1,065,000	1,061,000	1,120,000	1,167,000	1,205,000	1,171,000	1,126,000	1,120,000	1,039,000	1,054,000	1,031,000	973,000	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
917,000	926,000	939,000	951,000	964,000	992,000	992,000	996,000	991,000	962,000	952,000	942,000	938,000	939,000	943,000	941,000	934,000	916,000	907,000	897,000	886,000	889,000	888,000	891,000	889,000	878,000	861,000	846,000	833,000	815,000	807,000	788,000	778,000	770,000	777,000	765,000	750,000	816,000	758,000	723,000	688,000	0	0	0
Share-based compensation
56,000	63,000	64,000	72,000	87,000	92,000	84,000	75,000	55,000	44,000	40,000	39,000	41,000	43,000	46,000	46,000	48,000	46,000	48,000	51,000	48,000	52,000	52,000	57,000	55,000	54,000	53,000	47,000	50,000	51,000	52,000	54,000	57,000	62,000	63,000	67,000	66,000	66,000	69,000	67,000	64,000	0	0	0
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,000	11,000	10,000	3,000	2,000	3,000	4,000	3,000	4,000	3,000	4,000	4,000	3,000	4,000	2,000	2,000	8,000	2,000	2,000	3,000	0	0	0	-	-	-	-
Deferred income taxes
51,000	27,000	35,000	-1,000	-31,000	-76,000	-84,000	-86,000	-61,000	-25,000	85,000	44,000	13,000	86,000	-47,000	-33,000	-38,000	2,000	1,000	21,000	49,000	-40,000	-9,000	14,000	-4,000	-34,000	-78,000	-78,000	-79,000	-48,000	89,000	117,000	144,000	199,000	122,000	73,000	39,000	-43,000	-16,000	15,000	40,000	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash operating lease expense
-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairments, store closing and other costs cash flow
64,000	0	0	0	-	-	-	-	-	-	-	-	57,000	57,000	57,000	64,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash expense
-11,000	0	-28,000	-18,000	-18,000	-21,000	6,000	-12,000	-2,000	-6,000	-11,000	-11,000	-30,000	-21,000	-21,000	-21,000	-24,000	-35,000	-37,000	-36,000	-31,000	-32,000	-36,000	-37,000	-43,000	-33,000	-39,000	-41,000	-29,000	-46,000	-34,000	-32,000	-39,000	-29,000	-66,000	-50,000	-36,000	-104,000	-57,000	-54,000	-38,000	0	0	0
Changes in operating assets and liabilities:
Merchandise inventories
51,000	33,000	72,000	-58,000	-79,000	200,000	-293,000	-276,000	-264,000	-99,000	-82,000	-100,000	-249,000	-539,000	-332,000	-90,000	215,000	272,000	345,000	176,000	-68,000	5,000	33,000	11,000	116,000	99,000	326,000	497,000	523,000	697,000	403,000	240,000	160,000	91,000	159,000	171,000	107,000	221,000	201,000	206,000	119,000	0	0	0
Other current and long-term assets
-24,000	-36,000	-12,000	-10,000	-72,000	61,000	28,000	55,000	81,000	16,000	18,000	-11,000	46,000	11,000	9,000	0	-43,000	-45,000	-28,000	17,000	30,000	19,000	27,000	13,000	7,000	56,000	55,000	33,000	37,000	11,000	-12,000	4,000	42,000	52,000	58,000	83,000	50,000	16,000	28,000	22,000	13,000	0	0	0
Accounts payable
19,000	-130,000	-74,000	-159,000	-84,000	470,000	34,000	-26,000	-236,000	16,000	-5,000	134,000	256,000	-44,000	-191,000	-299,000	-260,000	-243,000	87,000	263,000	146,000	123,000	83,000	-70,000	58,000	-168,000	-135,000	-157,000	74,000	350,000	186,000	212,000	96,000	-45,000	0	-14,000	-50,000	53,000	192,000	408,000	306,000	0	0	0
Accrued and other long-term liabilities
-117,000	3,000	-22,000	33,000	67,000	0	36,000	-42,000	-52,000	45,000	-25,000	90,000	82,000	82,000	105,000	-3,000	53,000	25,000	12,000	5,000	30,000	62,000	59,000	87,000	142,000	66,000	86,000	-12,000	-60,000	32,000	5,000	121,000	63,000	72,000	52,000	63,000	12,000	41,000	125,000	125,000	235,000	0	0	0
Income taxes
7,000	23,000	-15,000	-44,000	-1,000	-32,000	20,000	-32,000	-50,000	-37,000	-112,000	90,000	-23,000	40,000	99,000	-46,000	53,000	43,000	-15,000	8,000	-68,000	-124,000	-62,000	-97,000	-62,000	-26,000	33,000	21,000	-4,000	146,000	2,000	-9,000	-1,000	-89,000	-28,000	-39,000	-63,000	-42,000	-25,000	29,000	74,000	0	0	0
Operating lease liabilities
-156,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
1,657,000	1,729,000	1,736,000	1,856,000	2,107,000	2,245,000	2,362,000	2,032,000	1,691,000	1,738,000	1,683,000	2,059,000	2,153,000	2,361,000	1,977,000	1,522,000	1,484,000	1,501,000	1,647,000	1,947,000	2,024,000	1,800,000	1,852,000	1,758,000	1,884,000	1,576,000	1,445,000	1,153,000	1,265,000	1,746,000	1,841,000	2,189,000	2,139,000	2,052,000	1,966,000	1,815,000	1,750,000	1,717,000	1,949,000	2,194,000	2,286,000	0	0	0
Investing activities
Acquisition of property and equipment
855,000	798,000	705,000	683,000	578,000	583,000	585,000	589,000	672,000	724,000	827,000	807,000	768,000	730,000	653,000	691,000	690,000	672,000	685,000	682,000	682,000	739,000	733,000	684,000	643,000	609,000	640,000	743,000	785,000	813,000	877,000	883,000	927,000	883,000	841,000	830,000	801,000	798,000	778,000	681,000	675,000	0	0	0
Sales of investments in auction rate securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	109,000	70,000	99,000	105,000	145,000	145,000	119,000	79,000	42,000	48,000	40,000	25,000	28,000	0	0	0
Other
-	-	-	-	-	-	-	-	-23,000	-23,000	-25,000	-22,000	-12,000	-13,000	-9,000	-11,000	-9,000	-4,000	-4,000	-4,000	-7,000	-12,000	-11,000	-11,000	-19,000	-24,000	-28,000	-28,000	-16,000	0	0	0	-	-	-	-	-2,000	-3,000	-1,000	5,000	2,000	0	0	0
Net cash used in investing activities
-837,000	-790,000	-705,000	-677,000	-572,000	-572,000	-572,000	-579,000	-649,000	-701,000	-802,000	-785,000	-756,000	-717,000	-644,000	-680,000	-681,000	-645,000	-599,000	-596,000	-593,000	-668,000	-721,000	-672,000	-623,000	-543,000	-554,000	-607,000	-660,000	-738,000	-795,000	-798,000	-802,000	-760,000	-723,000	-748,000	-757,000	-747,000	-737,000	-661,000	-649,000	0	0	0
Financing activities
Treasury stock purchases
470,000	508,000	485,000	447,000	396,000	293,000	221,000	220,000	306,000	404,000	540,000	587,000	557,000	653,000	725,000	980,000	1,001,000	917,000	828,000	657,000	677,000	786,000	925,000	865,000	799,000	963,000	927,000	1,060,000	1,284,000	1,233,000	1,763,000	2,215,000	2,306,000	2,956,000	2,167,000	1,417,000	1,004,000	4,000	3,000	3,000	1,000	0	0	0
Shares withheld for taxes on vested restricted shares
31,000	37,000	40,000	42,000	34,000	31,000	23,000	21,000	14,000	14,000	15,000	15,000	17,000	16,000	18,000	21,000	27,000	28,000	26,000	23,000	19,000	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
423,000	418,000	412,000	407,000	400,000	392,000	384,000	375,000	368,000	365,000	362,000	361,000	358,000	355,000	353,000	350,000	349,000	342,000	335,000	327,000	317,000	312,000	309,000	305,000	302,000	302,000	300,000	300,000	300,000	291,000	282,000	276,000	271,000	0	0	0	-	-	0	0	-	-	-	-
Long-term debt and capital lease payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Reduction of long-term borrowing
6,000	419,000	421,000	449,000	943,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400,000	0	0	0	-	-	-	0	-	-	-	-
Premium paid on redemption of debt
-	-	-	-	46,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease and financing obligation payments
113,000	119,000	122,000	124,000	126,000	132,000	135,000	139,000	138,000	133,000	131,000	128,000	127,000	126,000	123,000	118,000	114,000	110,000	107,000	112,000	114,000	115,000	124,000	120,000	115,000	111,000	102,000	108,000	111,000	109,000	106,000	96,000	91,000	89,000	86,000	87,000	84,000	0	0	0	-	-	-	-
Proceeds from stock option exercises
1,000	5,000	6,000	22,000	36,000	0	0	0	-	-	-	-	18,000	7,000	13,000	19,000	147,000	158,000	226,000	233,000	123,000	136,000	93,000	118,000	102,000	95,000	95,000	68,000	68,000	61,000	34,000	53,000	58,000	70,000	82,000	56,000	75,000	59,000	83,000	82,000	51,000	0	0	0
Proceeds from financing obligations
-	-	-	-	-	-	-	-	-	-	-	-	11,000	5,000	5,000	5,000	1,000	2,000	3,000	3,000	6,000	6,000	4,000	4,000	1,000	5,000	8,000	9,000	12,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,000	11,000	10,000	3,000	2,000	3,000	4,000	3,000	4,000	3,000	4,000	4,000	3,000	4,000	2,000	2,000	8,000	6,000	6,000	3,000	0	0	0	-	-	-	-
Net cash used in financing activities
-1,031,000	-1,496,000	-1,472,000	-1,458,000	-1,909,000	-1,362,000	-1,276,000	-1,256,000	-808,000	-898,000	-1,029,000	-1,072,000	-1,030,000	-1,548,000	-1,567,000	-1,614,000	-1,503,000	-986,000	-860,000	-873,000	-995,000	-1,099,000	-977,000	-887,000	-827,000	-985,000	-899,000	-1,057,000	-1,273,000	-1,218,000	-1,615,000	-2,030,000	-2,409,000	-2,973,000	-2,592,000	-1,787,000	-983,000	-32,000	-4,000	-1,000	-13,000	0	0	0
Net (decrease) increase in cash and cash equivalents
-211,000	-557,000	-441,000	-279,000	-374,000	311,000	514,000	197,000	234,000	139,000	-148,000	202,000	367,000	96,000	-234,000	-772,000	-700,000	-130,000	188,000	478,000	436,000	33,000	154,000	199,000	434,000	48,000	-8,000	-511,000	-668,000	-210,000	-569,000	-639,000	-1,072,000	-1,681,000	-1,349,000	-720,000	10,000	938,000	1,208,000	1,532,000	1,624,000	0	0	0
Supplemental information
Interest paid, net of capitalized interest
193,000	221,000	246,000	256,000	282,000	297,000	292,000	309,000	297,000	293,000	343,000	295,000	299,000	296,000	253,000	305,000	318,000	333,000	325,000	327,000	329,000	321,000	335,000	330,000	326,000	332,000	320,000	327,000	318,000	299,000	302,000	288,000	297,000	294,000	305,000	306,000	304,000	433,000	387,000	342,000	300,000	0	0	0
Income taxes paid
172,000	196,000	221,000	300,000	308,000	216,000	203,000	282,000	272,000	419,000	394,000	193,000	314,000	219,000	283,000	414,000	372,000	379,000	449,000	454,000	502,000	616,000	548,000	565,000	561,000	602,000	615,000	627,000	654,000	528,000	533,000	556,000	550,000	602,000	591,000	631,000	689,000	703,000	672,000	574,000	470,000	0	0	0
Property and equipment acquired through:
Property and equipment acquired through additional finance lease liabilities
-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease assets acquired through additional operating lease liabilities
-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property and equipment acquired through additional liabilities
-	-	-	-	-	-	-	-	-	57,000	67,000	58,000	54,000	43,000	66,000	62,000	63,000	60,000	40,000	30,000	41,000	42,000	43,000	119,000	121,000	122,000	121,000	59,000	63,000	82,000	94,000	97,000	79,000	89,000	76,000	99,000	107,000	0	0	0	-	-	-	-