COSTCO WHOLESALE CORP /NEW (COST) FY2024 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-02-19 to 2024-05-12

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COSTCO WHOLESALE CORP /NEW cash flow reconciliation, Feb 19, 2024 through May 12, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.NET INCOME → Net cash from operating activities: $1,681,000,000.00Accounts payable → Operating adjustments reconciliation: $1,376,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $516,000,000.00Stock-based compensation → Operating adjustments reconciliation: $106,000,000.00Non-cash lease expense → Operating adjustments reconciliation: $72,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $1,318,000,000.00Operating adjustments reconciliation → Merchandise inventories: $406,000,000.00Operating adjustments reconciliation → Other operating assets and liabilities, net: $318,000,000.00Operating adjustments reconciliation → Impairment of assets and other non-cash operating activities, net: $28,000,000.00Maturities of short-term investments → investing reconciliation: $412,000,000.00investing reconciliation → Additions to property and equipment: $1,062,000,000.00investing reconciliation → Purchases of short-term investments: $288,000,000.00investing reconciliation → Other investing activities, net: $16,000,000.00Proceeds from short-term borrowings → financing reconciliation: $245,000,000.00Other financing activities, net → financing reconciliation: $1,000,000.00financing reconciliation → Cash dividend payments: $515,000,000.00financing reconciliation → Repayments of short-term borrowings: $228,000,000.00financing reconciliation → Repurchases of common stock: $162,000,000.00financing reconciliation → Tax withholdings on stock-based awards: $21,000,000.00financing reconciliation → Financing lease payments: $18,000,000.00Net cash used in financing activities → financing reconciliation: $698,000,000.00Net cash used in investing activities → investing reconciliation: $954,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $9,095,000,000.00Net cash from operating activities → Cash sources and uses: $2,999,000,000.00Cash sources and uses → Exchange-rate effect: $38,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $10,404,000,000.00Cash sources and uses → Net cash used in investing activities: $954,000,000.00Cash sources and uses → Net cash used in financing activities: $698,000,000.00Merchandise inventories: -$406,000,000.00Inventories−$406.00 MOther operating assets and liabilities, net: -$318,000,000.00Other working capital, net−$318.00 MNon-cash lease expense: $72,000,000.00Non-cash lease expense+$72.00 MNET INCOME: $1,681,000,000.00NET INCOME+$1.68 BDepreciation and amortization: $516,000,000.00Depreciation & amortization+$516.00 MImpairment of assets and other non-cash operating activities, net: -$28,000,000.00Impairment of assets and other non-cash operatingactivities, net−$28.00 MAccounts payable: $1,376,000,000.00Accounts payable+$1.38 BStock-based compensation: $106,000,000.00Stock-based compensation+$106.00 MNet cash from operating activities: $2,999,000,000.00Operating cash+$3.00 BOperating adjustments reconciliation: $2,070,000,000.00Repayments of short-term borrowings: -$228,000,000.00Short-term debt repaid−$228.00 MCash dividend payments: -$515,000,000.00Dividends paid−$515.00 MProceeds from issuance of long-term debt: $0.00Repurchases of common stock: -$162,000,000.00Common stock repurchases−$162.00 MTax withholdings on stock-based awards: -$21,000,000.00Stock-award tax withholding−$21.00 MFinancing lease payments: -$18,000,000.00Finance lease payments−$18.00 MOther financing activities, net: $1,000,000.00Other financing, net+$1.00 MProceeds from short-term borrowings: $245,000,000.00Short-term debt issued+$245.00 MRepayments of long-term debt: $0.00Net cash used in financing activities: -$698,000,000.00. Cash required to fund net payments.Financing cash−$698.00 Mfinancing reconciliation: $944,000,000.00Purchases of short-term investments: -$288,000,000.00Short-term investment purchases−$288.00 MMaturities of short-term investments: $412,000,000.00Marketable securities proceeds+$412.00 MAdditions to property and equipment: -$1,062,000,000.00PP&E purchases−$1.06 BOther investing activities, net: -$16,000,000.00Other investing, net−$16.00 MNet cash used in investing activities: -$954,000,000.00. Cash required to fund net payments.Investing cash−$954.00 Minvesting reconciliation: $1,366,000,000.00Cash sources and uses: $12,094,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $9,095,000,000.00Beginning cash$9.10 BEnding cash: Cash, cash equivalents, and restricted cash: $10,404,000,000.00Ending cash$10.40 BExchange-rate effect: -$38,000,000.00FX effect−$38.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$1.94 BOperating cash − cash spent on PP&ECash flow / Net income1.78×Operating cash flow ÷ net incomeNet cash change+$1.31 BEnding cash − beginning cash
Chart details

COSTCO WHOLESALE CORP /NEW cash flow reconciliation, Feb 19, 2024 through May 12, 2024

Cash flows for Feb 19, 2024 through May 12, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Feb 18, 2024. Ending cash: May 12, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Feb 18, 2024
9,095,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
2,999,000,000 US dollars. Net cash provided.
NET INCOME
1,681,000,000 US dollars
Merchandise inventories
negative 406,000,000 US dollars
Other operating assets and liabilities, net
negative 318,000,000 US dollars
Non-cash lease expense
72,000,000 US dollars
Depreciation and amortization
516,000,000 US dollars
Impairment of assets and other non-cash operating activities, net
negative 28,000,000 US dollars
Accounts payable
1,376,000,000 US dollars
Stock-based compensation
106,000,000 US dollars
Investing activities
negative 954,000,000 US dollars. Net cash used.
Purchases of short-term investments
negative 288,000,000 US dollars
Maturities of short-term investments
412,000,000 US dollars
Additions to property and equipment
negative 1,062,000,000 US dollars
Other investing activities, net
negative 16,000,000 US dollars
Financing activities
negative 698,000,000 US dollars. Net cash used.
Repayments of short-term borrowings
negative 228,000,000 US dollars
Cash dividend payments
negative 515,000,000 US dollars
Proceeds from issuance of long-term debt
0 US dollars
Repurchases of common stock
negative 162,000,000 US dollars
Tax withholdings on stock-based awards
negative 21,000,000 US dollars
Financing lease payments
negative 18,000,000 US dollars
Other financing activities, net
1,000,000 US dollars
Proceeds from short-term borrowings
245,000,000 US dollars
Repayments of long-term debt
0 US dollars
Operating adjustment reconciliation
2,070,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
944,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
1,366,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 38,000,000 US dollars
Ending cash on May 12, 2024
10,404,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
12,094,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
1,309,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.78×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
2,999,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,062,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
1,937,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $1.32B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 2,999,000,000 US dollars minus 1,062,000,000 US dollars equals 1,937,000,000 US dollars.
COSTCO WHOLESALE CORP /NEW (COST) FY2024 Q3 Statement of Cash Flows Sankey chart
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