For the quarter ending 2025-11-01, TGT had -$519M decrease in cash & cash equivalents over the period. $149M in free cash flow.
| Cash Flow | 2025-11-01 | 2025-08-02 | 2025-05-03 | 2025-02-01 |
|---|---|---|---|---|
| Net earnings | 689 | 935 | 1,036 | 1,103 |
| Depreciation and amortization | 773 | 771 | 787 | 766 |
| Share-based compensation expense | 64 | 64 | 69 | 75 |
| Deferred income taxes | -133 | 76 | 36 | -122 |
| Noncash (gains) / losses and other, net | -7 | -5 | 4 | -27 |
| Inventory | 2,015 | -167 | 308 | -2,425 |
| Other assets | 445 | -5 | -146 | 43 |
| Accounts payable | 1,783 | 219 | -1,344 | -1,354 |
| Accrued and other liabilities | 404 | -159 | -143 | 412 |
| Cash provided by operating activities | 1,127 | 2,083 | 275 | 3,289 |
| Expenditures for property and equipment | 978 | 1,074 | 790 | 923 |
| Proceeds from disposal of property and equipment | - | - | - | 1 |
| Other | -41 | -8 | -3 | -4 |
| Cash required for investing activities | -937 | -1,066 | -787 | -918 |
| Additions to long-term debt | 0 | 993 | 991 | 0 |
| Reductions of long-term debt | 38 | 37 | 1,534 | 27 |
| Dividends paid | 518 | 509 | 510 | 513 |
| Repurchase of stock | 150 | 8 | 250 | 501 |
| Shares withheld for taxes on share-based compensation | 3 | 2 | 60 | 1 |
| Stock option exercises | - | - | - | 0 |
| Cash required for financing activities | -709 | 437 | -1,363 | -1,042 |
| Net decrease in cash and cash equivalents | -519 | 1,454 | -1,875 | 1,329 |
| Cash and cash equivalents at beginning of period | 4,341 | 2,887 | 4,762 | 3,433 |
| Cash and cash equivalents at end of period | 3,822 | 4,341 | 2,887 | 4,762 |
TARGET CORP (TGT)
TARGET CORP (TGT)