Macys Inc
For the period ended Aug 3, 2024. Filed Sep 4, 2024.
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.
Aug 3, 2024 · Filed Sep 4, 2024
M$25.08+0.5%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
| 26 Weeks Ended | ||
|---|---|---|
| August 3, 2024 | July 29, 2023 | |
| Cash flows from operating activities: | ||
| Net income | $212 | $133 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Impairment, restructuring and other costs | 19 | 6 |
| Settlement charges | — | 122 |
| Depreciation and amortization | 429 | 433 |
| Stock-based compensation expense | 28 | 30 |
| Gains on sale of real estate | (37) | (15) |
| Benefit plans | 1 | 3 |
| Amortization of financing costs and premium on acquired debt | 5 | 5 |
| Deferred income taxes | (35) | (46) |
| Changes in assets and liabilities: | ||
| Decrease in receivables | 25 | 77 |
| Decrease in merchandise inventories | 39 | 138 |
| (Increase) decrease in prepaid expenses and other current assets | (10) | 10 |
| Decrease in merchandise accounts payable | (32) | (53) |
| Decrease in accounts payable and accrued liabilities | (369) | (418) |
| Decrease in current income taxes | (88) | (121) |
| Change in other assets and liabilities | (50) | (33) |
| Net cash provided by operating activities | 137 | 271 |
| Cash flows from investing activities: | ||
| Purchase of property and equipment | (271) | (390) |
| Capitalized software | (161) | (174) |
| Disposition of property and equipment | 51 | 32 |
| Other, net | 8 | 1 |
| Net cash used by investing activities | (373) | (531) |
| Cash flows from financing activities: | ||
| Debt repaid | (1) | (1) |
| Dividends paid | (96) | (90) |
| Decrease in outstanding checks | (55) | (35) |
| Acquisition of treasury stock | — | (38) |
| Net cash used by financing activities | (152) | (164) |
| Net decrease in cash, cash equivalents and restricted cash | (388) | (424) |
| Cash, cash equivalents and restricted cash beginning of period | 1,037 | 865 |
| Cash, cash equivalents and restricted cash end of period | $649 | $441 |
| Supplemental cash flow information: | ||
| Interest paid | $79 | $82 |
| Interest received | 22 | 18 |
| Income taxes paid, net of refunds received | 203 | 215 |
| Restricted cash, end of period | 3 | 3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.