# TARGET CORPORATION (TGT) FY2024 Q3 Statement of Cash Flows

- Company: TARGET CORPORATION (TGT)
- Period: 2024-08-04 to 2024-11-02
- Filing: Q3 FY2024 10-Q, filed 2024-11-27, accession number 0000027419-24-000179
- Page: https://plicit.ai/financials/tgt/fy2024-q3-cash-flow
- Chart image: https://plicit.ai/charts/tgt-fy2024-q3-cash-flow-sankey.png

## Chart details

Cash flows for Aug 4, 2024 through Nov 2, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Aug 3, 2024. Ending cash: Nov 2, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Aug 3, 2024**: 3,497,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 739,000,000 US dollars. Net cash provided.
- **Net earnings**: 854,000,000 US dollars
- **Accrued and other liabilities**: 81,000,000 US dollars
- **Deferred income taxes**: negative 74,000,000 US dollars
- **Accounts payable**: 1,840,000,000 US dollars
- **Other assets**: negative 212,000,000 US dollars
- **Inventory**: negative 2,561,000,000 US dollars
- **Noncash (gains) / losses and other, net**: negative 23,000,000 US dollars
- **Share-based compensation expense**: 80,000,000 US dollars
- **Depreciation and amortization**: 754,000,000 US dollars
- **Investing activities**: negative 637,000,000 US dollars. Net cash used.
- **Expenditures for property and equipment**: negative 655,000,000 US dollars
- **Proceeds from disposal of property and equipment**: 0 US dollars
- **Other investments**: 18,000,000 US dollars
- **Financing activities**: negative 166,000,000 US dollars. Net cash used.
- **Shares withheld for taxes on share-based compensation**: negative 4,000,000 US dollars
- **Dividends paid**: negative 516,000,000 US dollars
- **Reductions of long-term debt**: negative 36,000,000 US dollars
- **Repurchase of stock**: negative 351,000,000 US dollars
- **Additions to long-term debt**: 741,000,000 US dollars
- **Operating adjustment reconciliation**: 2,870,000,000 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**: 907,000,000 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**: 655,000,000 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 2, 2024**: 3,433,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 4,236,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 64,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.87×. 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**: 739,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 655,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 84,000,000 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 $739.00M of net income directly to operating cash and $115.00M 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.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 739,000,000 US dollars minus 655,000,000 US dollars equals 84,000,000 US dollars.