Discuss the Lowe's major sources of cash in each of the three sections of the statement of cash flows. Provide at least two major sources of cash for each section.

  

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Lowe's Companies, Inc. Consolidated Statements of Cash Flows (In millions) Cash flows from operating activities: Net earnings Adjustments to reconcile net earnings to net cash provided by operating activities: Depreciation and amortization Noncash lease expense Deferred income taxes Asset impairment and loss on property - net Loss on sale of business Loss on extinguishment of debt Share-based payment expense Changes in operating assets and liabilities: Merchandise inventory - net Other operating assets Accounts payable Deferred revenue Other operating liabilities Net cash provided by operating activities Fiscal Years Ended February 3, January 28, January 29, 2023 2022 2021 6,437 $ 1,981 530 (239) 2,118 421 223 (2,594) 56 (549) (183) 388 8,589 8,442 $ 1,882 517 135 34 230 (1,413) (23) 466 413 (570) 10,113 5,835 1,594 479 (108) 139 1,060 155 (2,967) 326 3,211 512 813 11,049 Lowe's Companies, Inc. Consolidated Statements of Cash Flows (In millions) Cash flows from operating activities: Net earnings Adjustments to reconcile net earnings to net cash provided by operating activities: Depreciation and amortization Noncash lease expense Deferred income taxes Asset impairment and loss on property - net Loss on sale of business Loss on extinguishment of debt Share-based payment expense Changes in operating assets and liabilities: Merchandise inventory - net Other operating assets Accounts payable Deferred revenue Other operating liabilities Net cash provided by operating activities Fiscal Years Ended February 3, January 28, January 29, 2023 2022 2021 6,437 $ 1,981 530 (239) 2,118 421 223 (2,594) 56 (549) (183) 388 8,589 8,442 $ 1,882 517 135 34 230 (1,413) (23) 466 413 (570) 10,113 5,835 1,594 479 (108) 139 1,060 155 (2,967) 326 3,211 512 813 11,049

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The statement of cash flows is divided into three sections operating activities investing activities and financing activities Each section represents ... View the full answer