Cash Flow Statement
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Dollar General Corp., consolidated cash flow statement (quarterly data)

US$ in thousands

3 months ended:	Aug 2, 2024	May 3, 2024	Feb 2, 2024	Nov 3, 2023	Aug 4, 2023	May 5, 2023	Feb 3, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019	Aug 2, 2019	May 3, 2019	Feb 1, 2019	Nov 2, 2018	Aug 3, 2018	May 4, 2018
Net income	374,190)	363,317)	401,813)	276,246)	468,835)	514,380)	659,135)	526,167)	678,030)	552,657)	597,433)	487,031)	637,019)	677,749)	642,743)	574,260)	787,601)	650,446)	535,437)	365,550)	426,555)	385,013)	483,241)	334,142)	407,237)	364,852)
Depreciation and amortization	238,793)	232,286)	222,976)	215,530)	208,380)	201,907)	192,363)	182,792)	177,159)	172,563)	166,371)	162,263)	158,536)	154,146)	149,771)	145,849)	140,962)	137,655)	132,426)	126,470)	123,423)	122,485)	117,771)	114,852)	112,176)	109,335)
Deferred income taxes	(18,831)	23,876)	(18,311)	33,011)	7,705)	50,442)	68,334)	85,546)	(260)	81,679)	43,937)	(333)	11,961)	58,794)	23,769)	(3,286)	(10,291)	24,784)	41,099)	6,190)	(2,185)	10,303)	26,535)	13,290)	4,454)	8,046)
Loss on debt retirement	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	1,019)	—)
Noncash share-based compensation	12,795)	21,846)	11,187)	6,811)	8,810)	25,083)	15,150)	15,469)	15,148)	26,945)	18,660)	19,615)	16,370)	23,533)	17,243)	16,889)	15,509)	18,968)	12,984)	11,100)	10,874)	13,631)	9,688)	9,412)	9,373)	12,406)
Other noncash (gains) and losses	24,824)	15,052)	9,981)	21,634)	28,737)	28,630)	165,030)	151,372)	145,543)	68,585)	76,118)	63,886)	37,996)	13,040)	2,304)	3,089)	4,608)	1,569)	(2,238)	6,530)	474)	3,527)	15,228)	14,503)	8,780)	3,340)
Merchandise inventories	(72,931)	49,562)	362,545)	155,390)	(215,863)	(601,138)	220,082)	(356,690)	(989,823)	(538,921)	(390,017)	(80,059)	(215,770)	135,732)	(223,566)	(636,218)	(283,945)	567,902)	(177,777)	(79,921)	(306,833)	(14,252)	(133,229)	(95,179)	(305,290)	12,356)
Prepaid expenses and other current assets	(32,777)	(42,650)	(12,730)	27,512)	(21,492)	(56,866)	16,734)	5,408)	(52,762)	(34,482)	22,567)	2,034)	(30,241)	(41,831)	(2,991)	13,712)	(15,237)	(12,000)	9,892)	(15,829)	(1,124)	(7,392)	1,462)	12,168)	(29,021)	3,294)
Accounts payable	401,976)	(95,686)	(71,817)	947)	(8,553)	116,363)	(572,200)	(244,868)	450,236)	172,110)	160,491)	183,626)	49,824)	(295,206)	(174,210)	358,888)	450,792)	110,126)	3,213)	102,197)	283,510)	39,707)	64,662)	39,690)	265,819)	5,043)
Accrued expenses and other liabilities	94,948)	14,814)	(42,991)	16,240)	164,366)	(176,804)	(79,543)	31,745)	138,773)	(116,384)	(74,238)	62,389)	111,264)	(136,743)	31,277)	84,112)	192,095)	81,113)	(8,584)	50,292)	106,293)	(47,679)	(18,151)	22,912)	116,220)	(55,124)
Income taxes	(31,538)	83,797)	86,765)	(43,849)	(104,605)	86,992)	53,220)	(93,566)	(61,985)	64,814)	19,642)	9,796)	(160,093)	116,013)	25,729)	(80,496)	(108,604)	156,849)	31,672)	(41,465)	(82,005)	71,394)	62,039)	(48,707)	(42,218)	85,276)
Other	(2,526)	(2,408)	361)	5,826)	(714)	2,126)	(1,937)	(3,204)	(1,559)	(50)	(1,869)	(1,076)	(2,313)	(2,236)	550)	(594)	(2,481)	(1,086)	(1,236)	(525)	(2,656)	(2,542)	187)	(255)	92)	(176)
Change in operating assets and liabilities	357,152)	7,429)	322,133)	162,066)	(186,861)	(629,327)	(363,644)	(661,175)	(517,120)	(452,913)	(263,424)	176,710)	(247,329)	(224,271)	(343,211)	(260,596)	232,620)	902,904)	(142,820)	14,749)	(2,815)	39,236)	(23,030)	(69,371)	5,602)	50,669)
Adjustments to reconcile net income to net cash from operating activities	614,733)	300,489)	547,966)	439,052)	66,771)	(323,265)	77,233)	(225,996)	(179,530)	(103,141)	41,662)	422,141)	(22,466)	25,242)	(150,124)	(98,055)	383,408)	1,085,880)	41,451)	165,039)	129,771)	189,182)	146,192)	82,686)	141,404)	183,796)
Net cash provided by operating activities	988,923)	663,806)	949,779)	715,298)	535,606)	191,115)	736,368)	300,171)	498,500)	449,516)	639,095)	909,172)	614,553)	702,991)	492,619)	476,205)	1,171,009)	1,736,326)	576,888)	530,589)	556,326)	574,195)	629,433)	416,828)	548,641)	548,648)
Purchases of property and equipment	(353,708)	(341,975)	(459,715)	(472,572)	(404,794)	(363,141)	(482,374)	(419,424)	(377,204)	(281,580)	(291,054)	(260,940)	(240,736)	(277,730)	(330,365)	(273,431)	(228,733)	(195,434)	(266,792)	(224,991)	(148,303)	(144,757)	(183,464)	(179,948)	(206,338)	(164,630)
Proceeds from sales of property and equipment	711)	814)	1,236)	1,729)	1,695)	1,539)	2,848)	222)	1,430)	736)	935)	2,163)	998)	807)	1,466)	536)	585)	466)	448)	443)	1,014)	453)	942)	486)	718)	631)
Net cash used in investing activities	(352,997)	(341,161)	(458,479)	(470,843)	(403,099)	(361,602)	(479,526)	(419,202)	(375,774)	(280,844)	(290,119)	(258,777)	(239,738)	(276,923)	(328,899)	(272,895)	(228,148)	(194,968)	(266,344)	(224,548)	(147,289)	(144,304)	(182,522)	(179,462)	(205,620)	(163,999)
Issuance of long-term obligations	—)	—)	—)	—)	1,498,260)	—)	—)	2,296,053)	—)	—)	—)	—)	—)	—)	—)	—)	—)	1,494,315)	—)	—)	—)	—)	—)	—)	—)	499,495)
Repayments of long-term obligations	(5,136)	(5,205)	(5,361)	(5,519)	(4,338)	(4,505)	(3,599)	(903,035)	(1,662)	(3,034)	(690)	(2,776)	(1,183)	(1,753)	(2,076)	(1,527)	(482)	(555)	(940)	—)	—)	(525)	(344)	(1,313)	(175,334)	(400,330)
Net increase (decrease) in commercial paper outstanding	—)	—)	(198,100)	(98,400)	(1,208,468)	3,068)	990,800)	(584,433)	335,933)	705,300)	54,300)	(18,400)	18,400)	—)	—)	—)	—)	(425,200)	149,100)	189,900)	(159,400)	(121,300)	(40,100)	126,200)	87,800)	(237,200)
Borrowings under revolving credit facilities	—)	—)	—)	—)	—)	500,000)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	300,000)	—)	—)	—)	—)	—)	—)	—)	—)
Repayments of borrowings under revolving credit facilities	—)	—)	—)	—)	(250,000)	(250,000)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	(300,000)	—)	—)	—)	—)	—)	—)	—)	—)
Costs associated with issuance of debt	—)	—)	—)	10)	(12,448)	—)	(404)	(16,521)	—)	—)	(2,268)	—)	—)	—)	—)	—)	49)	(13,623)	—)	(1,675)	—)	—)	—)	—)	60)	(4,444)
Repurchases of common stock	—)	—)	—)	—)	—)	—)	(1,106,163)	(546,455)	(348,623)	(746,773)	(489,762)	(359,759)	(699,796)	(1,000,352)	(899,888)	(901,930)	(601,536)	(63,080)	(415,075)	(400,327)	(184,988)	(199,986)	(359,992)	(297,964)	(199,537)	(150,001)
Payments of cash dividends	(129,746)	(129,736)	(129,598)	(129,496)	(129,484)	(129,401)	(121,303)	(122,961)	(124,200)	(125,262)	(96,768)	(97,313)	(98,275)	(99,832)	(87,296)	(88,362)	(89,651)	(90,617)	(80,792)	(81,640)	(82,380)	(82,756)	(75,295)	(76,520)	(77,051)	(77,657)
Other equity and related transactions	947)	(4,287)	13,595)	1,379)	13,925)	(17,187)	2,672)	32,851)	6,476)	(8,119)	42,379)	2,849)	31,650)	(12,653)	2,674)	28,348)	34,451)	(9,006)	1,407)	4,209)	6,188)	10,300)	3,619)	7,631)	2,359)	2,017)
Net cash provided by (used in) financing activities	(133,935)	(139,228)	(319,464)	(232,026)	(92,553)	101,975)	(237,997)	155,499)	(132,076)	(177,888)	(492,809)	(475,399)	(749,204)	(1,114,590)	(986,586)	(963,471)	(657,169)	892,234)	(346,300)	(289,533)	(420,580)	(394,267)	(472,112)	(241,966)	(361,703)	(368,120)
Net increase (decrease) in cash and cash equivalents	501,991)	183,417)	171,836)	12,429)	39,954)	(68,512)	18,845)	36,468)	(9,350)	(9,216)	(143,833)	174,996)	(374,389)	(688,522)	(822,866)	(760,161)	285,692)	2,433,592)	(35,756)	16,508)	(11,543)	35,624)	(25,201)	(4,600)	(18,682)	16,529)

Net Income: Net income exhibits significant fluctuations over the analyzed quarters, with a notable peak in May 2020 followed by variability without a consistent upward or downward trend. Peaks in net income often coincide with the early 2020 period, indicating an unusual spike possibly tied to external circumstances.
Depreciation and Amortization: This expense item shows a steady and continuous increase throughout the periods, reflecting ongoing investments in fixed assets and intangible assets that contribute to the company's operations.
Deferred Income Taxes: The deferred income taxes amount displays high volatility, with both positive and negative values across quarters. This indicates varying temporary differences in taxable income versus accounting income, likely influenced by changes in tax laws or the company's tax planning strategies.
Noncash Share-Based Compensation: The expense related to noncash share-based compensation shows an overall upward trend but with considerable quarter-to-quarter variation, suggesting adjustments in employee incentive programs or changes in the valuation of share-based awards.
Other Noncash (Gains) and Losses: This account reveals a substantial increase over time, with very high gains recorded in recent periods. The fluctuations point to significant non-operational gains or losses that are not cash-related, possibly from asset sales or revaluations.
Merchandise Inventories: Inventories data is highly erratic, with large swings between positive and negative values suggesting possible data anomalies or substantial inventory write-downs, restocking, or changes in inventory accounting practices.
Prepaid Expenses and Other Current Assets: This category also fluctuates significantly, recording both positive and negative values. The irregular pattern indicates timing differences in expense recognition and asset reclassifications.
Accounts Payable: Accounts payable displays notable volatility with large increases and decreases across quarters. The erratic behavior suggests shifting payment cycles or supplier financing strategies impacting the timing of cash outflows.
Accrued Expenses and Other Liabilities: This liability category exhibits variability with sporadic large positive and negative movements, indicating fluctuating obligations possibly due to accrued compensation, taxes, or other periodic expenses.
Income Taxes: Income tax payments show sharp fluctuations, alternating between significant payments and refunds or credits. These swings are consistent with the variable pretax income and deferred tax changes.
Change in Operating Assets and Liabilities: The line item exhibits extreme volatility, reflecting large swings in operating working capital components. This volatility corresponds with the erratic patterns in inventories, payables, and accrued expenses, affecting cash flow from operations.
Adjustments to Reconcile Net Income to Net Cash from Operating Activities: Adjustments fluctuate significantly but generally follow the trend of net income, reflecting noncash items and changes in working capital. Peaks correspond to quarters with high net income or significant asset/liability shifts.
Net Cash Provided by Operating Activities: Operating cash flow largely mirrors net income trends but with smoother fluctuations, including a pronounced spike in May 2020. The overall trend is positive, reflecting the company’s ability to generate cash from core operations despite income variability.
Purchases of Property and Equipment: Capital expenditures remain consistently high and demonstrate an increasing trend over time, indicating sustained investments in fixed assets to support business operations and future growth.
Proceeds from Sales of Property and Equipment: Proceeds from asset sales are relatively minor and inconsistent, suggesting that asset disposals represent a small portion of investing activities.
Net Cash Used in Investing Activities: Investing cash flows remain predominantly negative, consistent with ongoing capital expenditures exceeding proceeds from sales, underscoring continuous reinvestment in property and equipment.
Issuance and Repayments of Long-term Obligations: The issuance of long-term debt occurs sporadically with significant amounts appearing in select quarters, while repayments occur more regularly but with smaller magnitudes. This pattern indicates strategic refinancing or debt restructuring alongside scheduled repayments.
Net Increase (Decrease) in Commercial Paper Outstanding: The commercial paper balances show marked variability with large issuances and repayments, reflecting active short-term financing management in response to liquidity needs.
Borrowings and Repayments under Revolving Credit Facilities: Revolving credit borrowings and repayments appear intermittently, indicating flexible use of credit lines to manage working capital fluctuations.
Costs Associated with Issuance of Debt: Transaction costs related to debt issuance are irregular but appear mainly in quarters with new debt issuance activities, as expected.
Repurchases of Common Stock: Stock repurchases are substantial and consistently active in most periods, reflecting a continuous capital return strategy to shareholders, albeit with some reduction in magnitude in recent quarters.
Payments of Cash Dividends: Cash dividends are steadily paid each quarter with moderate incremental increases over time, indicating a stable dividend policy with gradual growth in distributions.
Other Equity and Related Transactions: This category shows irregular positive and negative movements, reflecting various equity financing or restructuring activities that do not follow a clear pattern.
Net Cash Provided by (Used in) Financing Activities: Financing cash flows fluctuate notably, with large negative outflows corresponding to periods of high stock repurchases and debt repayments, and occasional positive inflows linked to debt issuance or short-term borrowings.
Net Increase (Decrease) in Cash and Cash Equivalents: Cash balances show significant quarter-to-quarter variability, including extremely large positive changes in the early 2020 period, likely due to extraordinary liquidity events, followed by more mixed changes in later quarters.

Download chart

Dollar General Corp. (NYSE:DG)

Cash Flow Statement Quarterly Data

Cash Flow Statement
Quarterly Data