The TJX Companies, Inc. TJX Cash Flow

The tjx companies, inc. (TJX)

CashFlow / Quarterly

May'20	Feb'20	Nov'19	Aug'19	May'19	Feb'19	Oct'18	Jul'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
Cash flows from operating activities:
Net (loss) income
-887,489	984,790	828,263	758,962	700,178	841,538	762,253	739,626	716,381	877,276	641,436	552,957	536,279	677,928	549,786	562,174	508,346	666,466	587,256	549,335	474,601	648,230	594,957	517,624	454,317	582,292	622,655	479,559	452,890	604,844	461,551	421,092	419,200	475,314	406,487	348,338	265,951	334,414	372,309	304,984	331,434	394,998	347,799	261,561	209,214
Adjustments to reconcile net (loss) income to cash (used in) provided by operating activities:
Depreciation and amortization
219,460	219,914	219,555	215,633	212,201	218,428	204,912	204,020	192,295	193,533	184,294	175,645	172,485	166,401	167,628	167,753	157,014	162,990	155,248	149,918	148,540	150,813	146,511	147,496	144,155	141,541	141,312	135,427	130,543	136,562	125,906	125,823	120,638	128,758	120,501	120,214	116,228	116,983	113,838	113,618	113,613	116,278	109,520	105,273	104,147
Deferred income tax (benefit) provision
-48,464	-48,353	4,265	29,757	8,098	-72,964	2,597	-25,562	7,335	-173,242	-3,072	30,624	8,250	-58,132	5,572	30,945	16,112	71,079	-24,973	2,805	-17,707	94,543	-2,120	16,383	-6,736	5,160	4,255	34,157	8,661	-48,837	31,352	19,842	10,908	-52,524	150,751	54,987	-8,452	-91,966	87,560	36,888	18,159	-77,384	22,213	90,025	18,301
Share-based compensation
-11,531	38,367	31,190	29,668	25,732	26,204	27,412	25,912	24,029	24,210	27,637	25,464	24,051	24,871	27,494	24,927	24,959	23,044	27,296	22,617	21,150	20,343	25,671	22,215	19,785	19,442	20,959	19,130	16,549	14,816	19,721	15,608	14,271	14,376	18,095	16,256	15,448	13,891	16,884	14,716	13,313	14,314	14,972	13,455	12,404
Loss on property disposals and impairment charges
-26,424	-9,801	-3,038	-911	-2,304	-3,079	-5,969	-6,861	-1,744	-6,662	967	-2,117	-1,059	-3,559	-409	4,016	-5,255	-1,287	-730	13	-1,379	-1,207	-956	-997	-737	-1,247	-1,001	-5,692	26	-7,578	-3,289	-174	-835	-18,057	3,849	-336	985	89,082	2,002	3,201	1,788	3,506	5,897	541	326
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	10,667	10,496	11,943	37,893	10,386	20,317	5,547	28,430	35,065	38,973	8,192	12,833	21,472	24,625	19,227	17,222	18,571	16,582	18,719	8,600	12,080	9,353	7,250	17,460	4,685	5,446	2,489	15,475	1,739	9,542	6,379	-166
Changes in assets and liabilities:
Decrease (increase) in accounts receivable
-210,419	-56,478	63,628	-11,810	47,658	-74,359	64,711	-10,607	43,787	-22,045	41,253	-14,997	58,147	-49,252	21,293	10,418	40,776	-32,815	13,250	-1,812	48,734	-43,643	20,917	-13,001	44,779	-40,267	28,526	-35,844	35,606	-14,949	35,319	-29,488	27,536	-31,108	19,145	-12,149	28,522	-20,356	20,871	3,178	19,894	-14,604	18,039	4,504	-6,077
(Increase) in merchandise inventories
136,027	-1,405,163	1,141,318	73,301	487,085	-977,148	1,056,984	160,406	225,187	-592,287	873,889	80,217	88,558	-770,463	567,717	29,319	161,565	-691,212	672,518	226,676	298,651	-687,135	612,545	180,908	225,953	-690,028	456,348	113,562	84,885	-364,184	277,310	117,209	-57,521	-744,335	359,619	362,580	209,293	-507,887	373,799	266,583	79,328	-725,274	168,517	592,764	-183,812
(Increase) in income taxes recoverable
434,674	-	-	-	25,716	-	-	-	-	-	1,301	1,301	1,300	-	1,452	1,452	1,452	-	1,135	1,134	1,134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in prepaid expenses and other current assets
39,580	-180,707	-8,135	251,828	-11,725	-42,182	-19,431	44,803	-219,532	267,493	-13,222	84,166	-20,587	-28,574	-224	71,325	-32,927	-1,190	-18,576	63,745	-3,876	-25,909	-7,999	61,217	-18,553	-15,113	-15,932	64,558	-30,159	101,038	-16,714	2,981	-33,600	-86,290	46,687	92,453	-32,141	-42,031	11,806	37,186	-7,456	-5,343	-39,151	-14,553	37,828
(Decrease) in accounts payable
-1,567,597	-776,428	812,589	53,649	-60,472	-704,290	664,812	193,653	44,037	-528,229	648,782	141,526	-56,968	-476,728	462,801	158,614	-96,434	-460,962	427,600	114,013	135,614	-514,562	432,594	191,807	175,384	-569,952	393,369	103,323	-79,011	-195,326	188,369	117,796	100,850	-395,452	138,616	139,660	80,623	-290,915	119,275	160,229	175,234	-324,583	99,514	155,114	267,451
(Decrease) in accrued expenses and other liabilities
-578,178	212,094	247,450	126,357	-240,156	71,722	205,666	210,574	-318,544	251,440	248,445	141,865	-307,228	156,489	260,060	115,119	-142,269	83,299	193,333	103,223	-94,926	-31,715	161,991	101,592	-211,068	56,301	140,711	-78,147	-148,455	14,980	264,591	4,584	-15,254	60,442	110,154	-21,862	-134,987	158,876	130,320	-197,848	-13,502	-51,110	174,025	8,896	-100,765
(Decrease) increase in income taxes payable
-13,290	3,157	-15,039	-154,677	38,217	74,257	39,242	-206,197	133,663	-7,650	17,857	-307,510	202,811	165,766	-8,569	-144,707	134,276	62,992	28,783	-168,271	144,510	102,001	56,026	-177,487	164,437	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in net operating lease liabilities
65,578	-	-	-	17,640	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
34,466	-92,678	39,784	-5,012	-5,769	-10,333	38,783	-17,545	-26,613	2,210	-34,814	42,611	-4,887	12,468	-18,718	-48,001	46,733	-28,078	21,355	2,704	7,451	-9,654	9,486	-5,283	-6,952	-20,983	8,602	7,108	-7,152	-5,540	10,059	-7,684	1,875	1,327	8,540	24,496	-30,432	6,864	-2,957	-12,201	5,382	-10,353	32,506	2,162	2,180
Net cash provided by operating activities
-3,160,483	2,193,012	974,284	750,005	149,239	1,610,702	917,092	835,780	724,885	1,096,201	826,377	654,612	448,434	1,514,600	928,675	738,351	445,233	1,300,351	727,984	481,041	447,539	1,182,828	737,166	605,424	482,951	967,094	822,093	530,530	280,749	975,757	772,223	603,182	704,558	1,085,204	505,109	182,627	143,094	877,289	433,223	138,553	527,416	982,705	584,487	343,703	361,031
Cash flows from investing activities:
Property additions
210,525	230,404	414,694	261,109	316,909	252,176	299,063	308,957	264,943	230,088	320,667	248,347	258,515	257,550	258,762	242,199	266,236	238,713	245,792	203,641	201,234	205,623	280,784	231,754	193,361	187,395	262,269	258,499	238,515	202,631	336,684	184,652	254,261	141,911	222,202	213,164	226,053	166,783	213,495	177,762	149,094	110,334	155,311	97,188	66,449
Purchase of investments
14,792	4,786	5,058	4,352	14,642	4,427	4,329	4,630	148,239	231,177	203,529	193,384	233,166	183,146	153,512	214,911	165,384	155,323	416,998	130,648	95,039	115,377	122,266	100,703	92,806	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	110,873	115,477	80,728	-	125,910	43,694	92,919	39,216	56,657	28,671	27,498	16,651	30,481	43,206	29,192	78,853	32,655	110,437	56,747
Sales and maturities of investments
4,214	1,130	2,216	4,532	4,842	2,272	5,232	436,366	192,690	247,912	177,629	190,672	289,924	97,100	108,568	178,675	144,803	179,759	341,889	105,927	53,802	73,388	119,386	73,358	121,905	116,003	89,470	114,418	75,023	63,348	101,514	38,604	15,362	14,983	63,916	30,857	22,923	71,272	40,930	28,010	39,904	-	-	-	-
Proceeds from repayments on note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,505	267	263	-	253	250	244	-	237	231	227	-	-	-	212
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,324	-	-	-	-	-	-	-	-	-	0	0	-2,653	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) investing activities
-221,103	-464,216	-417,536	-253,510	-326,709	-254,332	-298,159	149,431	-220,492	-213,353	-346,567	-251,059	-201,757	-343,596	-303,706	-278,435	-289,141	-214,277	-378,005	-228,362	-242,471	-247,612	-283,664	-259,099	-164,262	-260,971	-283,672	-259,558	-241,567	-438,804	-327,120	-189,475	-331,555	-165,886	-204,043	-210,728	-230,384	-113,922	-202,809	-192,727	-138,155	-162,429	-104,345	-170,519	-122,984
Cash flows from financing activities:
Proceeds from long-term debt
4,988,452	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	499,555	-	-	-	-	-	-	-	-	-	-	-	-	0	0	399,968	374,295
Cash payments for debt issuance expenses
33,872	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9	970	3,318	-	-	-	-	0	4	2,223	72	-	-	-	-	0	0	3,968	3,234
Cash payments on capital lease obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	706	693	678	650	606	595	583	571	560	549	537	528
Cash payments for repurchase of common stock
201,500	361,602	490,639	302,457	397,294	815,605	601,393	594,600	395,399	405,599	354,299	534,684	349,999	524,998	418,838	414,911	341,251	532,193	445,023	431,176	419,905	436,495	414,425	439,788	359,996	472,977	370,545	324,939	302,635	340,650	407,461	299,712	297,259	346,056	303,435	332,997	338,324	347,858	270,871	344,429	230,222	414,261	293,788	204,289	32,424
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	10,667	10,496	11,943	37,893	10,386	20,317	5,547	28,430	35,065	38,973	8,192	12,833	21,472	24,625	19,227	17,222	18,571	16,582	18,719	8,600	12,080	9,353	7,250	17,460	4,685	5,446	2,489	15,475	1,739	9,542	6,047	166
Cash dividends paid
278,250	276,470	277,644	278,690	238,758	240,274	241,448	243,578	197,296	197,091	197,493	200,890	168,566	169,129	170,351	171,441	140,067	140,177	141,212	142,444	120,438	120,204	121,429	122,088	102,181	102,787	103,704	104,053	83,211	83,606	84,603	84,953	70,760	71,498	71,896	73,008	58,614	59,287	59,917	61,033	49,092	50,259	50,802	51,193	45,408
Proceeds from issuance of common stock
37,444	56,821	72,810	42,703	59,772	15,633	76,123	78,924	84,561	44,489	28,380	8,785	52,033	53,288	20,926	26,043	63,933	50,656	33,385	10,678	37,314	52,676	59,859	9,961	20,509	28,809	53,376	29,564	34,746	32,827	39,678	32,951	28,315	50,995	57,164	30,853	79,987	34,279	41,413	12,377	88,090	15,767	85,305	58,545	10,245
Cash payments of employee tax withholdings for performance based stock awards
21,765	126	0	-8	23,305	0	-1	0	16,015	2,451	-2	2	16,823	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-1,706	-3,183	-368	-1,858	-826	-713	-840	-759	-	-	-	-24,965	-	-	-	-	-	-	-	-	-	-1	1	-3,251	-	-	-	-721	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) financing activities
4,490,509	-581,377	-695,473	-538,436	-599,585	-1,041,952	-769,900	-759,622	-526,007	-561,478	-524,123	-727,631	-484,114	-630,172	-3,882	-548,366	-404,457	-630,900	-532,533	-557,395	-474,599	-468,958	-437,022	-224,727	-428,835	-525,483	-396,258	-381,170	159,108	-372,912	-435,804	-335,046	-331,825	-355,185	-309,511	-370,803	-300,213	-368,816	-284,653	-394,139	-176,320	-647,574	-441,582	202,290	303,112
Effect of exchange rate changes on cash
-37,840	9,157	12,519	-6,733	-18,118	4,044	-9,983	-33,977	-55,758	72,863	-40,748	103,888	-22,917	13,485	-49,203	-52,057	97,047	-83,037	-4,880	-44,479	35,721	-126,108	-46,185	2,436	19,696	-41,646	9,791	-20,839	-20,412	6,001	12,214	-21,950	15,401	-13,953	-12,386	-479	22,898	8,135	13,135	-4,788	5,722	-3,743	-19,807	38,926	17,809
Net increase (decrease) in cash and cash equivalents
1,071,083	1,156,576	-126,206	-48,674	-795,173	318,462	-160,950	191,612	-77,372	394,233	-85,061	-220,190	-260,354	554,317	571,884	-140,507	-151,318	372,137	-187,434	-349,195	-233,810	340,150	-29,705	124,034	-90,450	138,994	151,954	-131,037	177,878	170,042	21,513	56,711	56,579	550,180	-20,831	-399,383	-364,605	402,686	-41,104	-453,101	218,663	168,959	18,753	414,400	558,968