Company: COST
Filing Date: 2025-12-17
Form Type: 10-Q
Source: 0000909832-25-000169
Chunk: 8

Company: COSTCO WHOLESALE CORP /NEW
Filing Date: 2025-12-17
Form: 10-Q
Item: Item 1
Chunk 8
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601 Other operating assets and liabilities, net873 391 Net cash provided by operating activities4,688 3,260 CASH FLOWS FROM INVESTING ACTIVITIESAdditions to property and equipment(1,526)(1,264)Purchases of short-term investments(195)(247)Maturities of short-term investments340 541 Other investing activities, net(17)(15)Net cash used in investing activities(1,398)(985)CASH FLOWS FROM FINANCING ACTIVITIESRepayments of short-term borrowings— (194)Proceeds from short-term borrowings— 133 Tax withholdings on stock-based awards(357)(389)Repurchases of common stock(210)(207)Cash dividend payments(577)(515)Financing lease payments and other financing activities, net(23)(21)Net cash used in financing activities(1,167)(1,193)EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS(67)(81)Net change in cash and cash equivalents2,056 1,001 CASH AND CASH EQUIVALENTS BEGINNING OF YEAR14,161 9,906 CASH AND CASH EQUIVALENTS END OF PERIOD$16,217 $10,907 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:Cash paid during the first 12 weeks of the year for:Interest$43 $44 Income taxes, net$239 $401 SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:Financing lease assets obtained in exchange for new or modified leases$18 $111 Operating lease assets obtained in exchange for new or modified leases$93 $15 Capital expenditures included in liabilities$258 $204 

The accompanying notes are an integral part of these condensed consolidated financial statements.7

COSTCO WHOLESALE CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(amounts in millions, except share, per share, and warehouse count data)

(unaudited)

Note 1—Summary of Significant Accounting PoliciesDescription of BusinessCostco Wholesale Corporation (Costco or the Company), a Washington corporation, and its subsidiaries operate membership warehouses based on the concept that offering members low prices on a limited selection of nationally-branded and private-label products in a wide range of merchandise categories will produce high sales volumes