KOHLS Corp
For the period ended May 4, 2024. Filed Jun 6, 2024.
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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.
May 4, 2024 · Filed Jun 6, 2024
KSS$24.75-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| Quarter Ended | ||
|---|---|---|
| (Dollars in Millions) | May 4, 2024 | April 29, 2023 |
| Operating activities | ||
| Net (loss) income | $(27) | $14 |
| Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities: | ||
| Depreciation and amortization | 188 | 188 |
| Share-based compensation | 10 | 9 |
| Deferred income taxes | (13) | 1 |
| Non-cash lease expense | 22 | 25 |
| Other non-cash items | 3 | (4) |
| Changes in operating assets and liabilities: | ||
| Merchandise inventories | (202) | (336) |
| Other current and long-term assets | (81) | 49 |
| Accounts payable | 86 | (20) |
| Accrued and other long-term liabilities | 34 | (101) |
| Operating lease liabilities | (27) | (27) |
| Net cash used in operating activities | (7) | (202) |
| Investing activities | ||
| Acquisition of property and equipment | (126) | (94) |
| Proceeds from sale of real estate | — | 1 |
| Other | — | (1) |
| Net cash used in investing activities | (126) | (94) |
| Financing activities | ||
| Net borrowings under revolving credit facility | 263 | 680 |
| Shares withheld for taxes on vested restricted shares | (9) | (12) |
| Dividends paid | (55) | (55) |
| Repayment of long-term borrowings | — | (164) |
| Finance lease and financing obligation payments | (21) | (25) |
| Proceeds from financing obligations | — | 5 |
| Net cash provided by financing activities | 178 | 429 |
| Net increase in cash and cash equivalents | 45 | 133 |
| Cash and cash equivalents at beginning of period | 183 | 153 |
| Cash and cash equivalents at end of period | $228 | $286 |
| Supplemental information | ||
| Interest paid, net of capitalized interest | $70 | $60 |
| Income taxes paid | 1 | 2 |
| Property and equipment acquired (disposed) through exchange of: | ||
| Finance lease liabilities | (11) | (56) |
| Operating lease liabilities | 21 | 74 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.