Macy's, Inc.
For the period ended Nov 1, 2025. Filed Dec 10, 2025.
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.
Nov 1, 2025 · Filed Dec 10, 2025
M$25.08+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| 39 Weeks Ended | ||
|---|---|---|
| November 1, 2025 | November 2, 2024 | |
| Cash flows from operating activities: | ||
| Net income | $135 | $240 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Impairment, restructuring and other costs (benefits) | 33 | (5) |
| Depreciation and amortization | 672 | 657 |
| Stock-based compensation expense | 43 | 42 |
| Gains on sale of real estate | (44) | (103) |
| Benefit plans | 2 | 1 |
| Amortization of financing costs and premium on acquired debt | 7 | 9 |
| Deferred income taxes | 3 | (48) |
| Changes in assets and liabilities: | ||
| Decrease in receivables | 116 | 68 |
| Increase in merchandise inventories | (1,832) | (1,840) |
| Increase in prepaid expenses and other current assets | (59) | (19) |
| Increase in merchandise accounts payable | 1,475 | 1,327 |
| Decrease in accounts payable and accrued liabilities | (193) | (206) |
| Decrease in current income taxes | (4) | (71) |
| Change in other assets and liabilities | (107) | (82) |
| Net cash provided (used) by operating activities | 247 | (30) |
| Cash flows from investing activities: | ||
| Purchase of property and equipment | (272) | (399) |
| Capitalized software | (253) | (250) |
| Proceeds from disposition of assets, net | 95 | 187 |
| Other, net | 5 | 7 |
| Net cash used by investing activities | (425) | (455) |
| Cash flows from financing activities: | ||
| Debt issued | 500 | 176 |
| Debt issuance costs | (13) | (1) |
| Debt repaid | (846) | (313) |
| Debt repurchase premium and expenses | (27) | 1 |
| Dividends paid | (149) | (144) |
| Increase in outstanding checks | 52 | 47 |
| Acquisition of treasury stock | (200) | — |
| Net cash used by financing activities | (683) | (234) |
| Net decrease in cash, cash equivalents and restricted cash | (861) | (719) |
| Cash, cash equivalents and restricted cash beginning of period | 1,310 | 1,037 |
| Cash, cash equivalents and restricted cash end of period | $449 | $318 |
| Supplemental cash flow information: | ||
| Interest paid | $176 | $137 |
| Interest received | 34 | 30 |
| Income taxes paid, net of refunds received | 54 | 207 |
| Restricted cash, end of period | 2 | 3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.