← LOWES COMPANIES 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 $3.1b
$3.4b +11.45%
$2.3b -32.87%
$4.3b +85.00%
$5.8b +36.30%
$8.4b +44.68%
$6.4b -23.75%
$7.7b +20.02%
$7.0b -9.95%
$6.7b -4.36%
—
Net Income (Loss) Attributable to Parent
$3.1b +21.41%
$3.4b +11.52%
$2.3b -32.87%
$4.3b +85.00%
$5.8b +36.30%
$8.4b +44.68%
$6.4b -23.75%
$7.7b +20.02%
$7.0b -9.95%
$6.7b -4.36%
—
Net Income (Loss) Available to Common Stockholders, Basic
$3.1b +20.84%
$3.4b +12.21%
$2.3b -32.86%
$4.3b +85.00%
$5.8b +36.15%
$8.4b +44.71%
$6.4b -23.70%
$7.7b +20.11%
$6.9b -9.94%
$6.6b -4.38%
—
Amortization of Intangible Assets — — — — $59.0m $32.0m — — $13.0m $140.0m —
Depreciation, Depletion and Amortization $1.6b $1.5b $1.6b $1.4b $1.6b $1.9b $2.0b $1.9b $2.0b $1.9b $2.3b
Depreciation, Nonproduction $1.5b $1.4b $1.6b $1.4b $1.5b $1.8b $1.9b $1.9b $2.0b — $2.3b
Deferred Income Tax Expense (Benefit) $9.0m $56.0m ($157.0m) $139.0m ($99.0m) $140.0m ($188.0m) $5.0m $8.0m — $333.0m
Deferred income taxes $28.0m $53.0m ($151.0m) $177.0m ($108.0m) $135.0m ($239.0m) $6.0m $9.0m $256.0m $333.0m
Proceeds from issuance of common stock under share-based payment plans $139.0m $139.0m $114.0m $118.0m $152.0m $132.0m $151.0m $141.0m $159.0m $149.0m —
Share-based Payment Arrangement, Expense $90.0m $99.0m $74.0m $98.0m $155.0m $230.0m $224.0m $210.0m $221.0m — $254.0m
Share-based Payment Arrangement, Noncash Expense $90.0m $99.0m $74.0m $98.0m $155.0m $230.0m $223.0m $210.0m $221.0m — $254.0m
Share-based payment expense $90.0m $99.0m $74.0m $98.0m $155.0m $230.0m $223.0m $210.0m $221.0m $247.0m —
Asset impairment and loss on property - net $143.0m $40.0m $630.0m $117.0m $139.0m $34.0m $2.1b $83.0m $5.0m $53.0m —
Equity Method Investment, Other than Temporary Impairment — — — — — — — — — — —
Gain (Loss) on Sale of Assets and Asset Impairment Charges ($143.0m) ($40.0m) ($630.0m) ($117.0m) ($139.0m) ($34.0m) ($2.1b) ($83.0m) ($5.0m) — —
Goodwill, Impairment Loss $46.0m $0 $952.0m $0 — — — — — — $53.0m
Changes in operating assets and liabilities:
Increase (Decrease) in Inventories $178.0m $791.0m $1.3b $600.0m $3.0b $1.4b $2.6b ($1.6b) $514.0m — $484.0m
Merchandise inventory – net ($178.0m) ($791.0m) ($1.3b) ($600.0m) ($3.0b) ($1.4b) ($2.6b) $1.6b ($514.0m) $703.0m —
Accounts payable $653.0m ($92.0m) $1.7b ($637.0m) $3.2b $466.0m ($549.0m) ($1.8b) $633.0m $73.0m $340.0m
Accrued capital expenditures $1.2b $1.1b $1.2b $1.5b $1.8b $1.9b $1.8b $2.0b $1.9b — —
Increase (Decrease) in Other Operating Assets $183.0m ($250.0m) $110.0m $364.0m ($326.0m) $23.0m ($56.0m) ($182.0m) ($93.0m) — —
Increase (Decrease) in Other Operating Liabilities $79.0m $137.0m $437.0m ($639.0m) $813.0m ($570.0m) $388.0m ($2.2b) ($94.0m) — —
Other operating assets ($183.0m) $250.0m ($110.0m) ($376.0m) $326.0m ($23.0m) $56.0m $182.0m $93.0m ($243.0m) —
Other operating liabilities $79.0m $137.0m $437.0m ($654.0m) $813.0m ($570.0m) $388.0m ($2.1b) ($94.0m) ($645.0m) —
Net Cash Provided by (Used in) Operating Activities
$5.6b +17.41%
$5.1b -9.83%
$6.2b +22.27%
$4.3b -30.63%
$11.0b +157.19%
$10.1b -8.47%
$8.6b -15.07%
$8.1b -5.23%
$9.6b +18.24%
$9.9b +2.48%
$9.8b -0.29%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.2b $1.1b $1.2b $1.5b $1.8b $1.9b $1.8b $2.0b $1.9b ($2.2b) ($2.2b)
Proceeds from sale of property and other long-term assets $37.0m $45.0m $76.0m $163.0m $90.0m $113.0m $45.0m $53.0m $105.0m $82.0m —
Payments to Acquire Investments $1.2b $981.0m $1.4b $743.0m $3.1b $3.1b $1.2b $1.8b $1.3b — ($1.6b)
Proceeds from sale/maturity of investments $1.3b $1.1b $1.4b $695.0m $2.9b $3.3b $1.2b $1.7b $1.2b $1.7b —
Purchases of investments ($1.2b) ($981.0m) ($1.4b) ($743.0m) ($3.1b) ($3.1b) ($1.2b) ($1.8b) ($1.3b) ($1.7b) —
Restricted Cash and Investments, Current $81.0m $86.0m $218.0m $160.0m $506.0m $271.0m $384.0m $307.0m — — —
Payments to Acquire Businesses, Net of Cash Acquired $2.4b $509.0m $0 — — — — — $0 — ($10.1b)
Payments for (Proceeds from) Other Investing Activities $13.0m ($13.0m) $2.0m $0 $25.0m $134.0m $1.0m $27.0m $11.0m — —
Net Cash Provided by (Used in) Investing Activities ($3.4b) ($1.4b) ($1.1b) ($1.4b) ($1.9b) ($1.6b) ($1.3b) ($1.9b) ($1.7b) ($12.3b) ($12.2b)
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt $0 ($464.0m) $0 $0 ($1.1b) $0 — — — — —
Net change in commercial paper — $625.0m ($415.0m) $220.0m ($941.0m) $0 $499.0m ($499.0m) $0 $0 —
Net proceeds from issuance of debt — $3.0b $0 $4.0b $7.9b $5.0b $9.7b $3.0b $0 $7.0b —
Proceeds from Issuance of Long-term Debt $3.3b $3.0b $0 $4.0b $7.9b $5.0b $9.7b $3.0b $0 — $7.0b
Repayment of debt — — ($326.0m) ($1.1b) ($5.6b) ($2.1b) ($867.0m) ($601.0m) ($545.0m) ($2.6b) ($4.2b)
Repayments of Long-term Debt $1.2b $2.8b $326.0m — — — — — — — ($4.2b)
Payments for Repurchase of Common Stock $3.6b $3.2b $3.0b $4.3b $5.0b $13.0b $14.1b $6.1b $4.1b — —
Payments of Ordinary Dividends, Common Stock $1.1b $1.3b $1.5b $1.6b $1.7b $2.0b $2.4b $2.5b $2.6b — ($2.7b)
Repurchases of common stock ($3.6b) ($3.2b) ($3.0b) ($4.3b) ($5.0b) ($13.0b) ($14.1b) ($6.1b) ($4.1b) ($211.0m) —
Cash dividend payments ($1.1b) ($1.3b) ($1.5b) ($1.6b) ($1.7b) ($2.0b) ($2.4b) ($2.5b) ($2.6b) ($2.6b) —
Dividends Payable, Current $304.0m $340.0m $385.0m $420.0m $440.0m $537.0m $633.0m $633.0m $645.0m $673 —
Payments of Dividends $1.1b $1.3b $1.5b $1.6b $1.7b $2.0b $2.4b $2.5b $2.6b — ($2.7b)
Proceeds from (Payments for) Other Financing Activities ($75.0m) ($10.0m) ($5.0m) ($1.0m) ($38.0m) ($6.0m) ($5.0m) ($21.0m) ($42.0m) — —
Net Cash Provided by (Used in) Financing Activities
($2.1b) +40.11%
($3.6b) -72.42%
($5.1b) -42.06%
($2.7b) +46.62%
($5.2b) -89.80%
($12.0b) -131.48%
($7.0b) +41.34%
($6.7b) +5.43%
($7.0b) -5.72%
$1.6b +123.00%
$129.0m -92.04%
Net (decrease)/increase in cash and cash equivalents — $30.0m ($77.0m) $205.0m $4.0b ($3.6b) $215.0m ($427.0m) $840.0m ($779.0m) —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($77.0m) $205.0m $4.0b ($3.6b) $215.0m ($427.0m) $840.0m — $786.0m
Cash and cash equivalents, beginning of year $405.0m $558.0m $588.0m $716.0m $4.7b $1.1b $1.3b $921.0m $1.8b $982.0m —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $511.0m $716.0m $4.7b $1.1b $1.3b $921.0m $1.8b — $786.0m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — ($8.0m) ($16.0m) $0 — — $0
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Acquisition of businesses - net ($2.4b) ($509.0m) $0 $0 — — — $0 $0 ($10.1b) —
Additional Financial Items
Gain (Loss) on Disposition of Business — — — — — $0 ($421.0m) $79.0m $177.0m — —
Gain on sale of business — — — — $0 $0 $421.0m ($79.0m) ($177.0m) $0 —
Goodwill $1.1b $1.3b $303.0m $303.0m $311.0m $311.0m — — $311.0m $3.9b $53.0m
Income Tax Expense (Benefit) $2.1b $2.0b $1.1b $1.3b $1.9b $2.8b $2.6b $2.4b $2.2b $2.1b —
Income Taxes Paid, Net $2.2b $1.7b $1.3b $1.4b $1.6b $2.7b $1.7b $3.7b $1.6b — —
Interest Paid, Excluding Capitalized Interest, Operating Activities $619.0m $654.0m $635.0m $671.0m $824.0m $837.0m $976.0m $1.5b $1.5b — —
Noncash lease expense — $0 $0 $468.0m $479.0m $517.0m $530.0m $499.0m $520.0m $572.0m —
Other – net ($13.0m) $13.0m ($5.0m) ($1.0m) ($38.0m) ($6.0m) ($5.0m) ($21.0m) ($42.0m) ($68.0m) —
Proceeds from sale of business — — — — $0 $0 $491.0m $100.0m $177.0m $0 —
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.