LOWES COMPANIES INC
For the period ended Oct 31, 2025. Filed Nov 26, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 31, 2025 · Filed Nov 26, 2025
LOW$231.87-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows (Unaudited)
In Millions
| Nine Months Ended | ||
|---|---|---|
| October 31, 2025 | November 1, 2024 | |
| Cash flows from operating activities: | ||
| Net earnings | $5,654 | $5,833 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | ||
| Depreciation and amortization | 1,557 | 1,461 |
| Noncash lease expense | 405 | 392 |
| Deferred income taxes | 24 | (10) |
| Loss on property and other assets – net | 45 | 11 |
| Gain on sale of business | — | (97) |
| Share-based payment expense | 177 | 164 |
| Changes in operating assets and liabilities: | ||
| Merchandise inventory – net | 816 | (672) |
| Other operating assets | 26 | 114 |
| Accounts payable | 552 | 1,944 |
| Other operating liabilities | (959) | (426) |
| Net cash provided by operating activities | 8,297 | 8,714 |
| Cash flows from investing activities: | ||
| Purchases of investments | (1,290) | (999) |
| Proceeds from sale/maturity of investments | 1,252 | 918 |
| Capital expenditures | (1,610) | (1,379) |
| Proceeds from sale of property and other long-term assets | 25 | 54 |
| Acquisitions of businesses - net | (10,055) | — |
| Proceeds from sale of business | — | 97 |
| Other – net | (9) | (11) |
| Net cash used in investing activities | (11,687) | (1,320) |
| Cash flows from financing activities: | ||
| Net proceeds from issuance of debt | 6,974 | — |
| Repayment of debt | (2,568) | (522) |
| Proceeds from issuance of common stock under share-based payment plans | 82 | 95 |
| Cash dividend payments | (1,963) | (1,916) |
| Repurchases of common stock | (211) | (2,681) |
| Other – net | (64) | (20) |
| Net cash provided by/(used in) financing activities | 2,250 | (5,044) |
| Net (decrease)/increase in cash and cash equivalents | (1,140) | 2,350 |
| Cash and cash equivalents, beginning of period | 1,761 | 921 |
| Cash and cash equivalents, end of period | $621 | $3,271 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.