Consolidated Financial Statements

Consolidated Statements of Cash Flows - 1Q 2004
(unaudited)
(millions)

	13 Weeks Ended
	May 1, 2004	May 3, 2003
Cash flows from operating activities:
Net income	$96	$46
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	176	179
Amortization of financing costs	1	-
Amortization of unearned restricted stock	1	1
Changes in assets and liabilities:
Decrease in accounts receivable	113	73
Increase in merchandise inventories	(282)	(143)
Increase in supplies and prepaid expenses	(22)	(4)
Increase in other assets not separately identified	-	(1)
Increase in accounts payable and accrued liabilities not separately identified	128	49
Increase (decrease) in current income taxes	(209)	21
Increase in deferred income taxes	29	6
Increase (decrease) in other liabilities not separately identified	3	(23)
Net cash provided by operating activities	34	204

Cash flows from investing activities:
Purchase of property and equipment	(72)	(41)
Capitalized software	(17)	(13)
Collection of note receivable	17	-
Disposition of property and equipment	1	2
Net cash used by investing activities	(71)	(52)

Cash flows from financing activities:
Debt issued	9	-
Debt repaid	(2)	(7)
Dividends paid	(22)	-
Increase in outstanding checks	9	1
Acquisition of treasury stock	(90)	(120)
Issuance of common stock	121	2
Net cash provided (used) by financing activities	25	(124)

Net increase (decrease) in cash	(12)	28
Cash at beginning of period	925	716

Cash at end of period	$913	$744

Historical Data:
Consolidated Financial Statements:

2009

2008