Bath & Body Works, Inc.
For the period ended Feb 1, 2025. Filed Mar 14, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 14, 2025
BBWI$21.65-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in millions)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $798 | $878 | $800 |
| Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: | |||
| Depreciation of Long-lived Assets | 282 | 269 | 221 |
| Share-based Compensation Expense | 40 | 43 | 38 |
| Gain on Sales of Easton Investments | (39) | — | — |
| Loss (Gain) on Extinguishment of Debt | 10 | (34) | — |
| Deferred Income Taxes | (112) | (128) | 17 |
| Impairment of Equity Method Investment | — | 8 | — |
| Changes in Assets and Liabilities: | |||
| Accounts Receivable | 18 | 2 | 11 |
| Inventories | (26) | (2) | — |
| Accounts Payable, Accrued Expenses and Other | (50) | (109) | 44 |
| Income Taxes Payable | (23) | 34 | 39 |
| Other Assets and Liabilities | (12) | (7) | (26) |
| Net Cash Provided by Operating Activities | $886 | $954 | $1,144 |
| Investing Activities | |||
| Capital Expenditures | $(226) | $(298) | $(328) |
| Proceeds from Sales of Easton Investments, Net of Fees Paid | 40 | — | — |
| Other Investing Activities | 24 | 12 | — |
| Net Cash Used for Investing Activities | $(162) | $(286) | $(328) |
| Financing Activities | |||
| Payments for Long-term Debt | $(522) | $(447) | $— |
| Net Payments to Victoria’s Secret & Co. related to Spin-Off | (2) | (3) | (25) |
| Repurchases of Common Stock | (401) | (148) | (1,312) |
| Dividends Paid | (177) | (182) | (186) |
| Tax Payments related to Share-based Awards | (16) | (11) | (32) |
| Payments of Finance Lease Obligations | (17) | (15) | (9) |
| Other Financing Activities | 3 | (9) | 2 |
| Net Cash Used for Financing Activities | $(1,132) | $(815) | $(1,562) |
| Effects of Exchange Rate Changes on Cash and Cash Equivalents | $(2) | $(1) | $(1) |
| Net Decrease in Cash and Cash Equivalents | (410) | (148) | (747) |
| Cash and Cash Equivalents, Beginning of Year | 1,084 | 1,232 | 1,979 |
| Cash and Cash Equivalents, End of Year | $674 | $1,084 | $1,232 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.