TJX Cos. Inc. (TJX)

Statement of Cash Flows

Difficulty: Beginner

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s statement of financial position.

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.

TJX Cos. Inc., Consolidated Statement of Cash Flows

USD $ in thousands

	12 months ended	Feb 3, 2018		Jan 28, 2017		Jan 30, 2016		Jan 31, 2015		Feb 1, 2014		Feb 2, 2013
	Net income
	Depreciation and amortization
	Loss on property disposals and impairment charges
	Deferred income tax provision (benefit)
	Share-based compensation
	Impairment of goodwill and long-lived assets, related to STP
	Loss on early extinguishment of debt
	Pension settlement charge
	Excess tax benefits from share-based compensation
	(Increase) decrease in accounts receivable
	(Increase) decrease in merchandise inventories
	(Increase) decrease in prepaid expenses and other current assets
	Increase (decrease) in accounts payable
	Increase (decrease) in accrued expenses and other liabilities
	Increase (decrease) in income taxes payable
	Changes in assets and liabilities
	Other
	Adjustments to reconcile net income to net cash provided by operating activities
	Net cash provided by operating activities
	Property additions
	Purchases of investments
	Sales and maturities of investments
	Acquisition of Trade Secret
	Cash paid for acquisition of Sierra Trading Post, net of cash received
	Other
	Net cash used in investing activities
	Proceeds from issuance of long-term debt
	Cash payments for extinguishment of debt
	Cash payments for debt issuance expenses
	Cash payments on build to suit leases
	Cash payments for rate lock agreement
	Cash payments on capital lease obligation
	Cash payments for repurchase of common stock
	Proceeds from issuance of common stock
	Cash payments of employee tax withholdings for performance based stock awards
	Excess tax benefits from share-based compensation
	Cash dividends paid
	Net cash used in financing activities
	Effect of exchange rate changes on cash
	Net increase (decrease) in cash and cash equivalents
	Cash and cash equivalents at beginning of year
	Cash and cash equivalents at end of year

Based on: 10-K (filing date: 2018-04-04), 10-K (filing date: 2017-03-28), 10-K (filing date: 2016-03-29), 10-K (filing date: 2015-03-31), 10-K (filing date: 2014-04-01), 10-K (filing date: 2013-04-02).

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.	TJX Cos. Inc.’s net cash provided by operating activities increased from 2016 to 2017 but then slightly declined from 2017 to 2018 not reaching 2016 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.	TJX Cos. Inc.’s net cash used in investing activities declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
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.	TJX Cos. Inc.’s net cash used in financing activities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.

	TJX Cos. Inc.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
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Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality