Stock Analysis on Net

Home Depot Inc. (NYSE:HD)

Cash Flow Statement 

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.

Home Depot Inc., consolidated cash flow statement

US$ in millions

Microsoft Excel
12 months ended: Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Feb 2, 2020 Feb 3, 2019
Net earnings 15,143 17,105 16,433 12,866 11,242 11,121
Depreciation and amortization 3,247 2,975 2,862 2,519 2,296 2,152
Stock-based compensation expense 380 366 399 310 251 282
Impairment loss 247
Changes in receivables, net 134 111 (435) (465) (170) 33
Changes in merchandise inventories 4,137 (2,830) (5,403) (1,657) (593) (1,244)
Changes in other current assets (184) (311) (330) 43 (135) (257)
Changes in accounts payable and accrued expenses (1,411) (2,577) 2,401 5,118 68 743
Changes in deferred revenue (318) (526) 775 702 334 80
Changes in income taxes payable (25) (107) (51) (149) 44 (42)
Changes in deferred income taxes (245) 138 (276) (569) 202 26
Other operating activities 314 271 196 121 184 (103)
Changes in assets and liabilities, net of acquisition effects 2,402 (5,831) (3,123) 3,144 (66) (764)
Reconciliation of net earnings to net cash provided by operating activities 6,029 (2,490) 138 5,973 2,481 1,917
Net cash provided by operating activities 21,172 14,615 16,571 18,839 13,723 13,038
Capital expenditures (3,226) (3,119) (2,566) (2,463) (2,678) (2,442)
Payments for businesses acquired, net (1,514) (421) (7,780) (21)
Other investing activities 11 (21) 18 73 25 47
Net cash used in investing activities (4,729) (3,140) (2,969) (10,170) (2,653) (2,416)
Proceeds from (repayments of) short-term debt, net (1,035) 1,035 (974) (365) (220)
Proceeds from long-term debt, net of discounts 1,995 6,942 2,979 7,933 3,420 3,466
Repayments of long-term debt (1,271) (2,491) (1,532) (2,872) (1,070) (1,209)
Repurchases of common stock (7,951) (6,696) (14,809) (791) (6,965) (9,963)
Proceeds from sales of common stock 323 264 337 326 280 236
Cash dividends (8,383) (7,789) (6,985) (6,451) (5,958) (4,704)
Other financing activities (156) (188) (145) (154) (176) (26)
Net cash used in financing activities (15,443) (10,993) (19,120) (2,983) (10,834) (12,420)
Effect of exchange rate changes on cash and cash equivalents 3 (68) (34) 76 119 (19)
Change in cash and cash equivalents 1,003 414 (5,552) 5,762 355 (1,817)
Cash and cash equivalents at beginning of year 2,757 2,343 7,895 2,133 1,778 3,595
Cash and cash equivalents at end of year 3,760 2,757 2,343 7,895 2,133 1,778

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Home Depot Inc. net cash provided by operating activities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Home Depot Inc. net cash used in investing activities decreased from 2022 to 2023 and from 2023 to 2024.
Net cash used in financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Home Depot Inc. net cash used in financing activities increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.