KROGER CO

For the period ended Feb 1, 2025. Filed Apr 1, 2025.

About this filing

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 Apr 1, 2025

KR$68.60+0.9%Stored close · as of Nov 10, 2026

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Contents

Item 8. Consolidated Statements of Cash Flows

CONSOLIDATED STATEMENTS OF CASH FLOWS


· · 2024 · 2023 · 2022 ·
(In millions)	(52 weeks)		(53 weeks)		(52 weeks)
Cash Flows from Operating Activities:
Net earnings including noncontrolling interests		$2,672		$2,169	$2,249
Adjustments to reconcile net earnings including noncontrolling interests to net cash provided by operating activities:
Depreciation and amortization		3,246		3,125	2,965
Asset impairment charges		98		69	68
Goodwill and fixed asset impairment charges related to Vitacost.com		—		—	164
Operating lease asset amortization		603		625	614
LIFO charge		95		113	626
Share-based employee compensation		175		172	190
Company-sponsored pension plans		(2)		(9)	(26)
Deferred income taxes		(102)		(155)	161
Gain on sale of assets		(70)		(56)	(40)
Gain on sale of business		(79)		—	—
Loss (gain) on investments		148		(151)	728
Other		22		78	(8)
Changes in operating assets and liabilities:
Store deposits in-transit		(97)		(88)	(45)
Receivables		(288)		14	(222)
Inventories		(144)		342	(1,370)
Prepaid and other current assets		(166)		72	(36)
Accounts payable		253		545	44
Accrued expenses		107		(222)	(167)
Income taxes receivable and payable		76		68	(190)
Operating lease liabilities		(609)		(695)	(622)
Other		(144)		772	(585)

Net cash provided by operating activities		5,794		6,788	4,498

Cash Flows from Investing Activities:
Payments for property and equipment, including payments for lease buyouts		(4,017)		(3,904)	(3,078)
Proceeds from sale of assets		377		101	78
Net proceeds from sale of business		464		—	—
Other		(52)		53	(15)

Net cash used by investing activities		(3,228)		(3,750)	(3,015)

Cash Flows from Financing Activities:
Proceeds from issuance of long-term debt		10,502		15	—
Payments on long-term debt including obligations under finance leases		(4,883)		(1,301)	(552)
Dividends paid		(883)		(796)	(682)
Financing fees paid		(116)		—	(84)
Proceeds from issuance of capital stock		127		50	134
Treasury stock purchases		(4,156)		(62)	(993)
Unsettled accelerated share repurchases		(1,000)		—	—
Other		(81)		(76)	(112)

Net cash used by financing activities		(490)		(2,170)	(2,289)

Net increase (decrease) in cash and temporary cash investments		2,076		868	(806)

Cash and temporary cash investments:
Beginning of year		1,883		1,015	1,821
End of year		$3,959		$1,883	$1,015

Reconciliation of capital investments:
Payments for property and equipment, including payments for lease buyouts		$(4,017)		$(3,904)	$(3,078)
Payments for lease buyouts		51		—	21
Changes in construction-in-progress payables		343		344	(281)
Total capital investments, excluding lease buyouts		$(3,623)		$(3,560)	$(3,338)

Disclosure of cash flow information:
Cash paid during the year for net interest		$252		$488	$545
Cash paid during the year for income taxes		$681		$751	$698

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.