# LOWE’S COMPANIES, INC. (LOW) FY2024 Q3 Statement of Cash Flows

- Company: LOWE’S COMPANIES, INC. (LOW)
- Period: 2024-08-03 to 2024-11-01
- Filing: Q3 FY2024 10-Q, filed 2024-11-27, accession number 0000060667-24-000169
- Page: https://plicit.ai/financials/low/fy2024-q3-cash-flow
- Chart image: https://plicit.ai/charts/low-fy2024-q3-cash-flow-sankey.png

## Chart details

Cash flows for Aug 3, 2024 through Nov 1, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Aug 2, 2024. Ending cash: Nov 1, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Aug 2, 2024**: 4,360,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 1,299,000,000 US dollars. Net cash provided.
- **Net earnings**: 1,696,000,000 US dollars
- **Other operating assets**: negative 15,000,000 US dollars
- **Deferred income taxes**: negative 76,000,000 US dollars
- **Accounts payable**: 265,000,000 US dollars
- **Gain on sale of business**: negative 54,000,000 US dollars
- **Depreciation and amortization**: 494,000,000 US dollars
- **Merchandise inventory – net**: negative 725,000,000 US dollars
- **Share-based payment expense**: 54,000,000 US dollars
- **Other operating liabilities**: negative 487,000,000 US dollars
- **Noncash lease expense**: 132,000,000 US dollars
- **Loss on property and other assets – net**: 15,000,000 US dollars
- **Investing activities**: negative 520,000,000 US dollars. Net cash used.
- **Proceeds from sale/maturity of investments**: 347,000,000 US dollars
- **Capital expenditures**: negative 571,000,000 US dollars
- **Proceeds from sale of business**: 54,000,000 US dollars
- **Purchases of investments**: negative 371,000,000 US dollars
- **Other – net**: negative 11,000,000 US dollars
- **Proceeds from sale of property and other long-term assets**: 32,000,000 US dollars
- **Financing activities**: negative 1,868,000,000 US dollars. Net cash used.
- **Other – net**: 1,000,000 US dollars
- **Net proceeds from issuance of debt**: 0 US dollars
- **Net change in commercial paper**: 0 US dollars
- **Cash dividend payments**: negative 654,000,000 US dollars
- **Repurchases of common stock**: negative 751,000,000 US dollars
- **Proceeds from issuance of common stock under share-based payment plans**: 11,000,000 US dollars
- **Repayment of debt**: negative 475,000,000 US dollars
- **Operating adjustment reconciliation**: 1,357,000,000 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**: 1,880,000,000 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**: 953,000,000 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 Nov 1, 2024**: 3,271,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 5,659,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 1,089,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.77×. 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**: 1,299,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 571,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 728,000,000 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 exceeds operating cash. The diagram allocates $1.30B of net income directly to operating cash and $397.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of 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.
- Cash-flow net income is $1,696.00 M, derived by subtracting the earlier cumulative period; the income statement reports $1,695.00 M for the same period. The $1.00 M difference is rounding: the filing reports each amount rounded to the nearest million dollars, and the quarter is the difference of two rounded year-to-date amounts. Neither amount has been adjusted.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 1,299,000,000 US dollars minus 571,000,000 US dollars equals 728,000,000 US dollars.
- Cash-flow net income is $1,696.00 M, derived by subtracting the earlier cumulative period; the income statement reports $1,695.00 M for the same period. The $1.00 M difference is rounding: the filing reports each amount rounded to the nearest million dollars, and the quarter is the difference of two rounded year-to-date amounts. Neither amount has been adjusted.