← BEST BUY CO INC

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net earnings $1.2b
$1.0b -18.57%
$1.5b +46.40%
$1.5b +5.26%
$1.8b +16.68%
$2.5b +36.48%
$1.4b -42.18%
$1.2b -12.54%
$927.0m -25.30%
$1.1b +15.32%
—
Net Income (Loss) Attributable to Parent $1.2b
$1.0b -18.57%
— $1.5b — $2.5b
$1.4b -42.18%
$1.2b -12.54%
$927.0m -25.30%
$1.1b +15.32%
—
Amortization of Intangible Assets — — — $72.0m — $82.0m $86.0m $61.0m $21.0m $14.0m —
Depreciation $654.0m $683.0m $770.0m $740.0m $839.0m $787.0m $832.0m $862.0m $866.0m $831.0m $862.0m
Depreciation and amortization $654.0m $683.0m $770.0m $812.0m $839.0m $869.0m $918.0m $923.0m $866.0m $831.0m $814.0m
Depreciation, Depletion and Amortization $654.0m $683.0m $770.0m $812.0m $839.0m $869.0m $918.0m $923.0m $866.0m $831.0m $814.0m
Deferred Income Tax Expense (Benefit) $201.0m $162.0m $10.0m $70.0m ($36.0m) $14.0m $51.0m ($214.0m) ($59.0m) $60.0m $121.0m
Share-based Payment Arrangement, Expense — — — — — $141.0m $138.0m $145.0m $139.0m $139.0m $139.0m
Share-based Payment Arrangement, Noncash Expense $108.0m $129.0m — $143.0m — $141.0m $138.0m $145.0m $139.0m $139.0m $139.0m
Stock-based compensation $108.0m $129.0m $123.0m $143.0m $135.0m $141.0m $138.0m $145.0m $139.0m $139.0m $139.0m
Goodwill and Intangible Asset Impairment — — — — — — $0 $0 $475.0m $171.0m —
Goodwill, Impairment Loss — — — — — — — — $475.0m — $192.0m
Long-lived asset impairments — — — — — — — $2.0m $2.0m $21.0m —
Income (Loss) from Equity Method Investments — — — — — $4.0m $1.0m $1.0m $4.0m $2.0m —
Changes in operating assets and liabilities:
Receivables ($185.0m) $315.0m $28.0m ($131.0m) $73.0m $17.0m ($103.0m) $204.0m ($111.0m) ($3.0m) ($163.0m)
Increase (Decrease) in Inventories — — — ($237.0m) — $328.0m ($809.0m) ($178.0m) $155.0m $126.0m ($398.0m)
Merchandise inventories $193.0m ($335.0m) ($194.0m) $237.0m ($435.0m) ($328.0m) $809.0m $178.0m ($155.0m) ($126.0m) —
Accounts payable $518.0m ($196.0m) $432.0m $47.0m $1.7b ($201.0m) ($1.1b) ($1.0b) $358.0m ($238.0m) $441.0m
Accrued capital expenditures $582.0m $688.0m — $743.0m — $737.0m $930.0m $795.0m $706.0m $704.0m —
Increase (Decrease) in Other Operating Assets ($10.0m) $21.0m — ($16.0m) — $14.0m $21.0m $18.0m ($11.0m) ($34.0m) —
Increase (Decrease) in Other Operating Liabilities $23.0m $117.0m — — — — — — — — —
Other assets $10.0m ($21.0m) ($34.0m) $16.0m ($51.0m) ($14.0m) ($21.0m) ($18.0m) $11.0m $34.0m —
Other liabilities $23.0m $117.0m ($234.0m) ($100.0m) $498.0m $479.0m ($483.0m) ($174.0m) ($150.0m) ($199.0m) —
Net Cash Provided by (Used in) Operating Activities $2.5b
$2.1b -15.87%
$2.4b +12.47%
$2.6b +6.52%
$4.9b +92.09%
$3.3b -34.00%
$1.8b -43.91%
$1.5b -19.41%
$2.1b +42.72%
$2.0b -6.48%
$2.3b +17.38%
Total cash provided by operating activities $2.5b $2.1b $2.4b $2.6b $4.9b $3.3b $1.8b $1.5b $2.1b $2.0b $2.3b
Cash flows from investing activities:
Additions to property and equipment ($582.0m) ($688.0m) ($819.0m) ($743.0m) ($713.0m) ($737.0m) ($930.0m) ($795.0m) ($706.0m) ($704.0m) —
Payments to Acquire Property, Plant, and Equipment $582.0m $688.0m ($819.0m) $743.0m ($713.0m) $737.0m $930.0m $795.0m $706.0m $704.0m ($698.0m)
Payments to Acquire Investments $3.0b $4.3b — $330.0m — $233.0m $46.0m $9.0m $26.0m $1.0m ($1.0m)
Purchases of investments ($3.0b) ($4.3b) $0 ($330.0m) ($620.0m) ($233.0m) ($46.0m) ($9.0m) ($26.0m) ($1.0m) —
Sales of investments $2.7b $4.0b $2.1b $322.0m $546.0m $66.0m $7.0m $7.0m $20.0m $0 —
Payments to Acquire Businesses, Net of Cash Acquired — — — $145.0m — $468.0m — — — — ($27.0m)
Payments for (Proceeds from) Other Investing Activities ($3.0m) $9.0m — ($1.0m) — — ($7.0m) ($2.0m) ($8.0m) ($2.0m) —
Net Cash Provided by (Used in) Investing Activities ($887.0m) ($1.0b) — ($895.0m) — ($1.4b) ($962.0m) ($781.0m) ($704.0m) ($730.0m) ($724.0m)
Total cash used in investing activities ($887.0m) ($1.0b) $508.0m ($895.0m) ($788.0m) ($1.4b) ($962.0m) ($781.0m) ($704.0m) ($730.0m) —
Cash flows from financing activities:
Repayments of debt ($394.0m) ($46.0m) ($546.0m) ($15.0m) ($1.9b) ($133.0m) ($19.0m) ($19.0m) ($17.0m) ($13.0m) ($13.0m)
Issuance of common stock $171.0m $163.0m $38.0m $48.0m $28.0m $29.0m $16.0m $19.0m $17.0m $5.0m $5.0m
Payments for Repurchase of Common Stock $698.0m $2.0b — $1.0b — $3.5b $1.0b $340.0m $500.0m $273.0m —
Repurchase of common stock ($698.0m) ($2.0b) ($1.5b) ($1.0b) ($312.0m) ($3.5b) ($1.0b) ($340.0m) ($500.0m) ($273.0m) —
Dividends paid ($505.0m) ($409.0m) ($497.0m) ($527.0m) ($568.0m) ($688.0m) ($789.0m) ($801.0m) ($807.0m) ($801.0m) ($801.0m)
Payments of Dividends $505 $409 — $527 — $688 $789 $801 $807 $801 ($801.0m)
Proceeds from (Payments for) Other Financing Activities $22.0m ($1.0m) — ($1.0m) — ($3.0m) — ($3.0m) ($2.0m) ($1.0m) —
Net Cash Provided by (Used in) Financing Activities ($1.4b)
($2.3b) -63.60%
— ($1.5b) — ($4.3b)
($1.8b) +57.97%
($1.1b) +36.66%
($1.3b) -14.42%
($1.1b) +17.27%
($980.0m) +9.51%
Total cash used in financing activities ($1.4b) ($2.3b) ($2.0b) ($1.5b) ($876.0m) ($4.3b) ($1.8b) ($1.1b) ($1.3b) ($1.1b) —
Increase (decrease) in cash, cash equivalents and restricted cash $272.0m ($1.1b) $884.0m $171.0m $3.3b ($2.4b) ($952.0m) ($460.0m) $75.0m $155.0m —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $171.0m — ($2.4b) ($952.0m) ($460.0m) $75.0m $155.0m $2.0b
Cash, cash equivalents and restricted cash at beginning of period $2.4b $1.3b $2.2b $2.4b $5.6b $3.2b $2.3b $1.8b $1.9b $2.0b —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $1.3b — $2.4b — $3.2b $2.3b $1.8b $1.9b $2.0b $2.0b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — ($1.0m) — ($3.0m) ($8.0m) ($5.0m) ($10.0m) — $2.0m
Effect of exchange rate changes on cash $10.0m $25.0m ($14.0m) ($1.0m) $7.0m ($3.0m) ($8.0m) ($5.0m) ($10.0m) $6.0m $2.0m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Derivative, Gain (Loss) on Derivative, Net $0 — — — — — — — — — —
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax $16.0m — — — — — — — — — —
Disposal of subsidiary — — — — — — — $14.0m $0 ($27.0m) —
Gain (Loss) on Disposition of Business $0 $0 — — — — — $21.0m — ($6.0m) —
Gain on sale of subsidiary, net $0 $0 — — — — — ($21.0m) $0 $6.0m —
Goodwill $425.0m $425.0m — $984.0m — $1.4b $1.4b $1.4b $908.0m $790.0m $192.0m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — $999.0m — $1.5b — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $1.2b — — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $21.0m $1.0m — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $21.0m — — — — — — — — — —
Income Tax Expense (Benefit) $609.0m $818.0m — $452.0m — $574.0m $370.0m $381.0m $372.0m $337.0m —
Income Taxes Paid, Net $628.0m $366.0m $391.0m $514.0m $442.0m $716.0m $283.0m $543.0m $643.0m $284.0m —
Income taxes ($213.0m) $290.0m $22.0m ($132.0m) $173.0m ($156.0m) $36.0m $52.0m ($212.0m) ($7.0m) —
Interest Expense Nonoperating — — — — — — — — — $47.0m —
Interest Paid, Excluding Capitalized Interest, Operating Activities $76.0m $81.0m $71.0m $62.0m $50.0m $22.0m $31.0m $51.0m $46.0m $44.0m —
Other, net $22.0m ($1.0m) ($6.0m) ($1.0m) ($1.0m) ($3.0m) $7.0m ($3.0m) ($2.0m) ($1.0m) —
Proceeds from Stock Options Exercised — $156.0m — — — — — — — — —
Restructuring Costs — — — $41.0m — ($34.0m) $147.0m $153.0m ($3.0m) $190.0m —
Restructuring charges $39.0m $10.0m $46.0m $41.0m $254.0m ($34.0m) $147.0m $153.0m ($3.0m) $190.0m —
Revenue from Contract with Customer, Including Assessed Tax — — — $43.6b — $51.8b $46.3b $43.5b $41.5b $41.7b —
Supplemental disclosure of cash flow information:

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.