text: <html>
          <head> <meta charset="UTF-8">
          <style>
          table, th, td {
              border: 1px solid black;
              font-size: 10px;
          }
          </style> </head>
          <body>
          <table frame="hsides" rules="groups" width="100%%">
              [html]<thead><tr><td>Consolidated Statements of Cash Flows In millions</td><td>Fiscal year</td><td>2014</td><td>2013</td></tr></thead><tbody><tr><td>2012</td><td></td><td></td><td>Operating Activities</td></tr><tr><td>Net earnings</td><td>$ 720</td><td>$ 734</td><td>$ 735</td></tr><tr><td>Adjustments to reconcile net earnings to net cash provided by operating activities :</td><td></td><td></td><td>I</td></tr><tr><td>Depreciation and amortization expenses</td><td>508</td><td>454</td><td>429</td></tr><tr><td>Amortization of deferred property incentives and other, net</td><td>( 76 )</td><td>( 58 )</td><td>( 63 )</td></tr><tr><td>Deferred income taxes, net</td><td>7</td><td>12</td><td>22</td></tr><tr><td>Stock - based compensation expense</td><td>68</td><td>58</td><td>53</td></tr><tr><td>Tax benefit from stock - based compensation</td><td>20</td><td>21</td><td>23</td></tr><tr><td>Excess tax benefit from stock - based compensation</td><td>( 22 )</td><td>( 23 )</td><td>( 24 )</td></tr><tr><td>Bad debt expense</td><td>41</td><td>52</td><td>42</td></tr><tr><td>Change in operating assets and liabilities :</td><td>Accounts receivable</td><td>( 161 )</td><td>( 93 )</td></tr><tr><td>( 99 )</td><td></td><td></td><td>Merchandise inventories</td></tr><tr><td>( 176 )</td><td>( 157 )</td><td>( 170 )</td><td>Prepaid expenses and other assets</td></tr><tr><td>( 4 )</td><td>( 6 )</td><td>5</td><td>Accounts payable</td></tr><tr><td>15</td><td>167</td><td>48</td><td>Accrued salaries, wages and related benefits</td></tr><tr><td>18</td><td>( 12 )</td><td>13</td><td>Other current liabilities</td></tr><tr><td>155</td><td>60</td><td>36</td><td>Deferred property incentives</td></tr><tr><td>110</td><td>89</td><td>58</td><td>Other liabilities</td></tr><tr><td>( 3</td><td>22</td><td>2</td><td>Net cash provided by operating activities</td></tr><tr><td>1.220</td><td>1.320</td><td>1.110</td><td>Investing Activities</td></tr><tr><td>Capital expenditures</td><td>( 861 )</td><td>( 803 )</td><td>( 513 )</td></tr><tr><td>Change in restricted cash</td><td>─</td><td>—</td><td>200</td></tr><tr><td>Change in credit card receivables originated at third parties</td><td></td><td></td><td></td></tr><tr><td>( 8 )</td><td>( 6</td><td>( 42 )</td><td>Other, net</td></tr><tr><td>20 )</td><td>( 13 )</td><td>( 14 )</td><td>Net cash used in investing activities</td></tr><tr><td>( 889 )</td><td>( 822 )</td><td>( 369 )</td><td>Financing Activities</td></tr><tr><td>Proceeds from long - term borrowings, net of discounts</td><td>34</td><td>399</td><td>–</td></tr><tr><td>Principal payments on long - term borrowings</td><td>( 7 )</td><td>( 407 )</td><td>( 506 )</td></tr><tr><td>( Decrease ) increase in cash book overdrafts</td><td></td><td></td><td></td></tr><tr><td>( 4 )</td><td>47</td><td>5</td><td>Cash dividends paid</td></tr><tr><td>( 251 )</td><td>( 234 )</td><td>( 220 )</td><td>Payments for repurchase of common stock</td></tr><tr><td>( 610 )</td><td>( 515 )</td><td>( 725 )</td><td>Proceeds from issuances under stock compensation plans</td></tr><tr><td>141</td><td>103</td><td>91</td><td>Excess tax benefit from stock - based compensation</td></tr><tr><td>22</td><td>23</td><td>24</td><td>Other, net</td></tr><tr><td>( 23 )</td><td>( 5 )</td><td>( 2 )</td><td>Net cash used in financing activities</td></tr><tr><td>( 698 )</td><td>( 589 )</td><td>( 1.333 )</td><td>Net decrease in cash and cash equivalents</td></tr><tr><td>( 367 )</td><td>( 91 )</td><td>( 592 )</td><td>Cash and cash equivalents at beginning of year</td></tr><tr><td>1.194</td><td>1.285</td><td>1.877</td><td>Cash and cash equivalents at end of year</td></tr><tr><td>$ 827</td><td>$ 1.194</td><td>$ 1.285</td><td>Supplemental Cash Flow Information</td></tr><tr><td>Cash paid during the year for</td><td>Income taxes, net of refunds</td><td>$ 391</td><td>$ 445</td></tr><tr><td>$ 429</td><td>Interest, net of capitalized interest</td><td>152</td><td>170</td></tr><tr><td>169</td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td></tr><tr></tr><tr></tr><tr><td></td><td></td><td></td></tr><tr></tr><tr><td></td></tr></tbody>
          </table> </body> </html>