For the quarter ending 2025-11-01, GAP had $286M increase in cash & cash equivalents over the period. $503M in free cash flow.
| Cash Flow | 2025-11-01 | 2025-05-03 | 2025-02-01 | 2024-11-02 |
|---|---|---|---|---|
| Net income (loss) | - | - | 206 | - |
| Depreciation and amortization | - | - | 129 | - |
| Share-based compensation | - | - | 41 | - |
| Impairment of operating lease assets | - | - | 0 | - |
| Impairment of store assets | - | - | 1 | - |
| Amortization of debt issuance costs | - | - | 4 | - |
| Non-cash and other items | - | - | 5 | - |
| Loss on divestiture activity | - | - | 0 | - |
| Gain on sale of building | - | - | 0 | - |
| Deferred income taxes | - | - | 10 | - |
| Merchandise inventory | - | - | -256 | - |
| Other current assets and other long-term assets | - | - | -66 | - |
| Accounts payable | - | - | -19 | - |
| Accrued expenses and other current liabilities | - | - | -54 | - |
| Income taxes payable, net of receivables and other tax-related items | - | - | -4 | - |
| Other long-term liabilities | - | - | -1 | - |
| Operating lease assets and liabilities, net | - | - | 14 | - |
| Net cash provided by (used for) operating activities | 747 | -140 | 616 | 291 |
| Purchases of property and equipment | 244 | 83 | 117 | 148 |
| Net proceeds from sale of building | - | - | - | 0 |
| Proceeds from sale of property, plant, and equipment | - | - | 7 | - |
| Purchases of short-term investments | 135 | 78 | 66 | 67 |
| Proceeds from sales and maturities of short-term investments | 125 | -9 | 162 | 64 |
| Proceeds from divestiture activity, net of cash paid | - | - | 0 | - |
| Net proceeds from divestiture activity, net of cash paid | - | - | - | 0 |
| Other | - | - | 5 | - |
| Net cash provided by (used for) investing activities | -254 | -73 | -116 | -151 |
| Proceeds from revolving credit facility | - | - | 0 | - |
| Repayments of revolving credit facility | - | - | 0 | 0 |
| Payments for debt issuance costs | - | - | 0 | - |
| Proceeds from issuances under share-based compensation plans | 12 | 6 | 5 | 6 |
| Withholding tax payments related to vesting of stock units | 11 | 28 | 2 | 15 |
| Repurchases of common stock | 82 | 70 | 75 | - |
| Cash dividends paid | 124 | 61 | 56 | 57 |
| Other | 0 | - | 0 | -3 |
| Net cash provided by (used for) financing activities | -205 | -153 | -128 | -69 |
| Effect of exchange rate on cash, cash equivalents, restricted cash and restricted cash equivalents | -2 | 5 | -5 | -2 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents, period increase (decrease), including exchange rate effect | 286 | -361 | 367 | 69 |
| Cash and cash equivalents at beginning of period | 2,004 | 2,365 | 1,998 | 1,929 |
| Cash and cash equivalents at end of period | 2,290 | 2,004 | 2,365 | 1,998 |
GAP INC (GAP)
GAP INC (GAP)