For the year ending 2026-01-31, KSS had $540M increase in cash & cash equivalents over the period. $1,008M in free cash flow.
| Cash Flow | 2026-01-31 | 2025-02-01 | 2024-02-03 | 2023-01-28 |
|---|---|---|---|---|
| Net income | 272 | 109 | 317 | -19 |
| Depreciation and amortization | 700 | 743 | 749 | 808 |
| Share-based compensation | 34 | 30 | 42 | 30 |
| Deferred income taxes | 69 | -85 | -8 | -84 |
| Impairments, store closing, and other costs | 11 | 36 | - | - |
| Non-cash lease expense | 87 | 89 | 92 | 106 |
| Other non-cash items | 18 | -1 | -6 | -30 |
| Merchandise inventories | -203 | 60 | -315 | 116 |
| Other current and long-term assets | -91 | 50 | -11 | -87 |
| Accounts payable | 130 | -92 | -196 | -353 |
| Accrued and other long-term liabilities | -103 | 20 | -67 | -99 |
| Operating lease liabilities | -96 | -93 | -93 | -108 |
| Net cash provided by operating activities | 1,380 | 648 | 1,168 | 282 |
| Acquisition of property and equipment | 372 | 466 | 577 | 826 |
| Proceeds from sale of real estate | - | 6 | 26 | 43 |
| Proceeds from sale of property and equipment | 54 | - | - | - |
| Other | 15 | 7 | 11 | - |
| Net cash used in investing activities | -333 | -467 | -562 | -783 |
| Net borrowings under revolving credit facility | - | 198 | 7 | 85 |
| Proceeds from issuance of debt, net of discount | 357 | - | - | - |
| Deferred financing costs | 11 | 0 | - | 6 |
| Treasury stock purchases | - | 0 | - | 658 |
| Net (repayments) borrowings under revolving credit facility | -290 | - | - | - |
| Shares withheld for taxes on vested restricted shares | 5 | 10 | 16 | 21 |
| Dividends paid | 56 | 222 | 220 | 239 |
| Repayment of long-term borrowings | 440 | 113 | 275 | - |
| Premium paid on redemption of debt | - | 5 | - | - |
| Discount (premium paid) on redemption of debt | 11 | - | - | - |
| Finance lease and financing obligation payments | 83 | 79 | 93 | 106 |
| Proceeds from financing obligations | 10 | 1 | 21 | 11 |
| Proceeds from stock option exercises | - | 0 | - | 1 |
| Net cash used in financing activities | -507 | -230 | -576 | -933 |
| Net increase (decrease) in cash and cash equivalents | 540 | -49 | 30 | -1,434 |
| Cash and cash equivalents at beginning of period | 134 | 183 | 153 | 1,587 |
| Cash and cash equivalents at end of period | 674 | 134 | 183 | 153 |
KOHLS Corp (KSS)
KOHLS Corp (KSS)