LOWE’S COMPANIES, INC (LOW) FY2024 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-02-03 to 2025-01-31

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LOWE’S COMPANIES, INC cash flow reconciliation, Feb 3, 2024 through Jan 31, 2025One 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 earnings → Net cash from operating activities: $6,957,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $1,972,000,000.00Accounts payable → Operating adjustments reconciliation: $633,000,000.00Noncash lease expense → Operating adjustments reconciliation: $520,000,000.00Share-based payment expense → Operating adjustments reconciliation: $221,000,000.00Other operating assets → Operating adjustments reconciliation: $93,000,000.00Deferred income taxes → Operating adjustments reconciliation: $9,000,000.00Asset impairment and loss on property - net → Operating adjustments reconciliation: $5,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $2,668,000,000.00Operating adjustments reconciliation → Merchandise inventory – net: $514,000,000.00Operating adjustments reconciliation → (Gain)/loss on sale of business: $177,000,000.00Operating adjustments reconciliation → Other operating liabilities: $94,000,000.00Proceeds from sale/maturity of investments → investing reconciliation: $1,204,000,000.00Proceeds from sale of business → investing reconciliation: $177,000,000.00Proceeds from sale of property and other long-term assets → investing reconciliation: $105,000,000.00investing reconciliation → Capital expenditures: $1,927,000,000.00investing reconciliation → Purchases of investments: $1,286,000,000.00investing reconciliation → Other – net: $11,000,000.00Net cash used in financing activities → financing reconciliation: $7,047,000,000.00Proceeds from issuance of common stock under share-based payment plans → financing reconciliation: $159,000,000.00financing reconciliation → Repurchases of common stock: $4,053,000,000.00financing reconciliation → Cash dividend payments: $2,566,000,000.00financing reconciliation → Repayment of debt: $545,000,000.00financing reconciliation → Other – net: $42,000,000.00Net cash used in investing activities → investing reconciliation: $1,738,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $921,000,000.00Net cash from operating activities → Cash sources and uses: $9,625,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,761,000,000.00Cash sources and uses → Net cash used in investing activities: $1,738,000,000.00Cash sources and uses → Net cash used in financing activities: $7,047,000,000.00Asset impairment and loss on property - net: $5,000,000.00Asset sales & impairments+$5.00 MMerchandise inventory – net: -$514,000,000.00Inventories−$514.00 MDepreciation and amortization: $1,972,000,000.00Depreciation & amortization+$1.97 BOther operating liabilities: -$94,000,000.00Other operating liabilities−$94.00 MDeferred income taxes: $9,000,000.00Deferred taxes & credits+$9.00 MNoncash lease expense: $520,000,000.00Operating lease amortization+$520.00 M(Gain)/loss on sale of business: -$177,000,000.00Business sale gain & loss−$177.00 MOther operating assets: $93,000,000.00Other operating assets+$93.00 MNet earnings: $6,957,000,000.00Net earnings+$6.96 BAccounts payable: $633,000,000.00Trade payables+$633.00 MShare-based payment expense: $221,000,000.00Stock-based compensation+$221.00 MNet cash from operating activities: $9,625,000,000.00Operating cash+$9.63 BOperating adjustments reconciliation: $3,453,000,000.00Net change in commercial paper: $0.00Net proceeds from issuance of debt: $0.00Repayment of debt: -$545,000,000.00Debt repaid−$545.00 MProceeds from issuance of common stock under share-based payment plans: $159,000,000.00Employee stock plans & options+$159.00 MCash dividend payments: -$2,566,000,000.00Common dividends paid−$2.57 BRepurchases of common stock: -$4,053,000,000.00Common stock repurchases−$4.05 BOther – net: -$42,000,000.00Other financing, net−$42.00 MNet cash used in financing activities: -$7,047,000,000.00. Cash required to fund net payments.Financing cash−$7.05 Bfinancing reconciliation: $7,206,000,000.00Other – net: -$11,000,000.00Other investing, net−$11.00 MCapital expenditures: -$1,927,000,000.00PP&E purchases−$1.93 BPurchases of investments: -$1,286,000,000.00Investment purchases−$1.29 BProceeds from sale of business: $177,000,000.00Business sales+$177.00 MProceeds from sale of property and other long-term assets: $105,000,000.00Asset sales+$105.00 MProceeds from sale/maturity of investments: $1,204,000,000.00Investment sales & maturities+$1.20 BNet cash used in investing activities: -$1,738,000,000.00. Cash required to fund net payments.Investing cash−$1.74 Binvesting reconciliation: $3,224,000,000.00Cash sources and uses: $10,546,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $921,000,000.00Beginning cash$921.00 MEnding cash: Cash, cash equivalents, and restricted cash: $1,761,000,000.00Ending cash$1.76 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$7.70 BOperating cash − cash spent on PP&ECash flow / Net income1.38×Operating cash flow ÷ net incomeNet cash change+$840.00 MEnding cash − beginning cash
Chart details

LOWE’S COMPANIES, INC cash flow reconciliation, Feb 3, 2024 through Jan 31, 2025

Cash flows for Feb 3, 2024 through Jan 31, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Feb 2, 2024. Ending cash: Jan 31, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Feb 2, 2024
921,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
9,625,000,000 US dollars. Net cash provided.
Net earnings
6,957,000,000 US dollars
Asset impairment and loss on property - net
5,000,000 US dollars
Merchandise inventory – net
negative 514,000,000 US dollars
Depreciation and amortization
1,972,000,000 US dollars
Other operating liabilities
negative 94,000,000 US dollars
Deferred income taxes
9,000,000 US dollars
Noncash lease expense
520,000,000 US dollars
(Gain)/loss on sale of business
negative 177,000,000 US dollars
Other operating assets
93,000,000 US dollars
Accounts payable
633,000,000 US dollars
Share-based payment expense
221,000,000 US dollars
Investing activities
negative 1,738,000,000 US dollars. Net cash used.
Other – net
negative 11,000,000 US dollars
Capital expenditures
negative 1,927,000,000 US dollars
Purchases of investments
negative 1,286,000,000 US dollars
Proceeds from sale of business
177,000,000 US dollars
Proceeds from sale of property and other long-term assets
105,000,000 US dollars
Proceeds from sale/maturity of investments
1,204,000,000 US dollars
Financing activities
negative 7,047,000,000 US dollars. Net cash used.
Net change in commercial paper
0 US dollars
Net proceeds from issuance of debt
0 US dollars
Repayment of debt
negative 545,000,000 US dollars
Proceeds from issuance of common stock under share-based payment plans
159,000,000 US dollars
Cash dividend payments
negative 2,566,000,000 US dollars
Repurchases of common stock
negative 4,053,000,000 US dollars
Other – net
negative 42,000,000 US dollars
Operating adjustment reconciliation
3,453,000,000 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
7,206,000,000 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
3,224,000,000 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
0 US dollars
Ending cash on Jan 31, 2025
1,761,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
10,546,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
840,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.38×. 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
9,625,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,927,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
7,698,000,000 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 $2.67B 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: 9,625,000,000 US dollars minus 1,927,000,000 US dollars equals 7,698,000,000 US dollars.
LOWE’S COMPANIES, INC (LOW) FY2024 Annual Statement of Cash Flows Sankey chart
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