Company: COST
Filing Date: 2025-10-08
Form Type: 10-K
Source: 0000909832-25-000101
Chunk: 67

Company: COSTCO WHOLESALE CORP /NEW
Filing Date: 2025-10-08
Form: 10-K
Item: Item 8
Chunk 67
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LOWS

(amounts in millions)

52 Weeks Ended52 Weeks Ended53 Weeks EndedAugust 31,2025September 1,2024September 3,2023CASH FLOWS FROM OPERATING ACTIVITIESNet income$8,099 $7,367 $6,292 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization2,426 2,237 2,077 Non-cash lease expense303 315 412 Stock-based compensation860 818 774 Impairment of assets and other non-cash operating activities, net(117)(9)495 Changes in operating assets and liabilities:Merchandise inventories559 (2,068)1,228 Accounts payable404 1,938 (382)Other operating assets and liabilities, net801 741 172 Net cash provided by operating activities13,335 11,339 11,068 CASH FLOWS FROM INVESTING ACTIVITIESAdditions to property and equipment(5,498)(4,710)(4,323)Purchases of short-term investments(1,028)(1,470)(1,622)Maturities of short-term investments1,141 1,790 937 Other investing activities, net74 (19)36 Net cash used in investing activities(5,311)(4,409)(4,972)CASH FLOWS FROM FINANCING ACTIVITIESRepayments of short-term borrowings(862)(920)(935)Proceeds from short-term borrowings816 928 917 Repayments of long-term debt(103)(1,077)(75)Proceeds from issuance of long-term debt— 498 — Tax withholdings on stock-based awards(393)(315)(303)Repurchases of common stock(903)(700)(676)Cash dividend payments(2,183)(9,041)(1,251)Financing lease payments and other financing activities, net(147)(137)(291)Net cash used in financing activities(3,775)(10,764)(2,614)EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS6 40 15 Net change in cash and cash equivalents4,255 (3,794)3,497 CASH AND CASH EQUIVALENTS BEGINNING OF YEAR9,906 13,700