Bath & Body Works, Inc.
For the period ended Jan 31, 2026. Filed Mar 12, 2026.
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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.
FY2026 · Filed Mar 12, 2026
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)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $649 | $798 | $878 |
| Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: | |||
| Depreciation of Long-lived Assets | 254 | 282 | 269 |
| Share-based Compensation Expense | 31 | 40 | 43 |
| Gain on Sale of Non-core Asset | (8) | — | — |
| Gain on Sales of Easton Investments | — | (39) | — |
| Loss (Gain) on Extinguishment of Debt | — | 10 | (34) |
| Deferred Income Taxes | 63 | (112) | (128) |
| Impairment of Equity Method Investment | — | — | 8 |
| Changes in Assets and Liabilities: | |||
| Accounts Receivable | 25 | 18 | 2 |
| Inventories | 37 | (26) | (2) |
| Accounts Payable, Accrued Expenses and Other | 111 | (50) | (109) |
| Income Taxes Payable | (57) | (23) | 34 |
| Other Assets and Liabilities | (3) | (12) | (7) |
| Net Cash Provided by Operating Activities | $1,102 | $886 | $954 |
| Investing Activities | |||
| Capital Expenditures | $(237) | $(226) | $(298) |
| Proceeds from Sale of Non-core Asset | 9 | — | — |
| Proceeds from Sales of Easton Investments, Net of Fees Paid | — | 40 | — |
| Other Investing Activities | 1 | 24 | 12 |
| Net Cash Used for Investing Activities | $(227) | $(162) | $(286) |
| Financing Activities | |||
| Payments for Long-term Debt | $— | $(522) | $(447) |
| Repurchases of Common Stock | (401) | (401) | (148) |
| Dividends Paid | (167) | (177) | (182) |
| Payments of Finance Lease Obligations | (14) | (17) | (15) |
| Tax Payments related to Share-based Awards | (8) | (16) | (11) |
| Other Financing Activities | (9) | 1 | (12) |
| Net Cash Used for Financing Activities | $(599) | $(1,132) | $(815) |
| Effects of Exchange Rate Changes on Cash and Cash Equivalents | $3 | $(2) | $(1) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 279 | (410) | (148) |
| Cash and Cash Equivalents, Beginning of Year | 674 | 1,084 | 1,232 |
| Cash and Cash Equivalents, End of Year | $953 | $674 | $1,084 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.