| Net income including noncontrolling interests |
2.38B |
| Depreciation and amortization |
1.26B |
| Stock-based compensation |
459M |
| Undistributed equity earnings in joint ventures |
| Excess tax benefits on stock-based awards |
-74M |
| Other non-cash activities, net |
| Deferred income taxes |
269M |
| Change in receivables, other current assets, deferred membership fees, accrued and other current liabilities |
547M |
| (Increase) decrease in merchandise inventories |
-25M |
| Increase in accounts payable |
-1.53B |
| Net cash provided by operating activities |
| Additions to property and equipment, net of $50 and $54 of non-cash capital expenditures in the first half of fiscal 2011 and 2010, respectively |
-2.65B |
| Increase resulting from initial consolidation of Costco Mexico |
| Proceeds from the sale of property and equipment |
| Purchases of short-term investments |
-1.43B |
| Maturities of short-term investments |
| Sales of investments |
| Other investing activities, net |
27M |
| Net cash used in investing activities |
| Change in bank checks outstanding |
81M |
| Repayments of short-term borrowings |
-106M |
| Proceeds from short-term borrowings |
106M |
| Repayments of long-term debt |
1.29B |
| Cash dividend payments |
-746M |
| Excess tax benefits on stock-based awards |
74M |
| Proceeds from stock-based awards, net |
| Repurchases of common stock |
-486M |
| Other financing activities, net |
-19M |
| Net cash (used in) provided by financing activities |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS |
50M |
| Net increase in cash and cash equivalents |
-1.42B |
| CASH AND CASH EQUIVALENTS BEGINNING OF YEAR |
4.8B |
| CASH AND CASH EQUIVALENTS END OF PERIOD |
3.38B |
| Interest (reduced by $4 and $6 interest capitalized in the first half of fiscal 2011 and 2010, respectively) |
123M |
| Income taxes |
953M |
| Cash dividend declared, but not yet paid |
| Property acquired under capital lease |
| Unsettled repurchases of common stock |
