Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.3.0.814
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Oct. 31, 2015
Nov. 01, 2014
Cash flows from operating activities:    
Net income $ 53.4 $ 392.7
Adjustments to reconcile net income to net cash    
Depreciation and amortization 312.5 151.5
Provision for deferred taxes (67.4) (32.2)
Other non-cash adjustments to net income 57.0 33.8
Changes in operating assets and liabilities (406.0) (157.3)
Net cash provided by (used in) operating activities (50.5) 388.5
Cash flows from investing activities:    
Capital expenditures (336.5) (254.4)
Acquisition of Family Dollar, net of common stock issued and cash acquired (6,527.7) 0.0
Purchase of restricted investments (12.0) (6.8)
Proceeds from sale of restricted investments 0.0 15.8
Proceeds from (payments for) fixed asset disposition (0.4) 1.7
Foreign currency loss 0.0 (0.1)
Net cash used in investing activities (6,876.6) (243.8)
Cash flows from financing activities:    
Principal payments for long-term debt (956.0) (12.8)
Proceeds from long-term debt 8,200.0 0.0
Debt issuance costs (90.0) 0.0
Proceeds from stock issued pursuant to stock-based compensation plans 6.2 4.4
Tax benefit of exercises/vesting of stock-based compensation 10.2 3.6
Net cash provided by (used in) financing activities 7,170.4 (4.8)
Effect of exchange rate changes on cash and cash equivalents (0.5) 0.0
Net increase in cash and cash equivalents 242.8 139.9
Cash and cash equivalents at beginning of year 864.1 267.7
Cash and cash equivalents at end of year 1,106.9 407.6
Cash paid for:    
Interest 443.2 17.2
Income taxes 133.7 298.1
Non-cash transactions:    
Accrued capital expenditures 34.3 19.4
Acquisition cost paid in common stock $ 2,272.4 $ 0.0