What was free cash flow (in millions of dollars) for the year ended January 30, 2021 (denoted as fiscal 2020 in Target'sstatements)?Free Cash Flow$7,918 Xmillion Consolidated Statements of Cash Flows(millions)Operating activitiesNet earningsEarnings from discontinued operations, net of taxNet earnings from continuing operationsAdjustments to reconcile net earnings to cash provided by operations:Depreciation and amortizationShare-based compensation expenseDeferred income taxesLoss on debt extinguishmentNoncash losses / (gains) and other, netChanges in operating accounts:InventoryOther assetsAccounts payableAccrued and other liabilitiesCash provided by operating activities-continuing operationsCash provided by operating activities-discontinued operationsCash provided by operationsInvesting activitiesExpenditures for property and equipmentProceeds from disposal of property and equipmentOther investmentsCash required for investing activitiesFinancing activitiesAdditions to long-term debtReductions of long-term debtDividends paidRepurchase of stockStock option exercisesCash required for financing activitiesNet increase / (decrease) in cash and cash equivalentsCash and cash equivalents at beginning of periodCash and cash equivalents at end of periodSupplemental informationInterest paid, net of capitalized interestIncome taxes paidLeased assets obtained in exchange for new finance lease liabilitiesLeased assets obtained in exchange for new operating lease liabilities2020$ 4,368 $$4,3682,485200(184)51286(1,661)(137)2,9251,93110,52510,525(2,649)4216(2,591)(2,000)5,9342,577$ 8,511 $939 $20191,0314282623,281123,2692,60414717810292,4801,739(2,415) (2,069)(1,343) (1,330)(745)(1,565)2373505181401997,099187,117(3,027)6320(2,944)(3,152)1,0211,5562,5774926963794642018$ 2,93772,930$2,47413232295(900)(299)1,127895,97035,973(3,516)8515(3,416)(281)(1,335)(2,124)96(3,644)(1,087)2,643$ 1,556476373130246See accompanying Notes to Consolidated Financial Statements.

Free cash flow refers to the cash available with an entity after meeting it's operating expenses…

Answered: What was free cash flow (in millions of…

What was free cash flow (in millions of dollars) for the year ended January 30, 2021 (denoted as fiscal 2020 in Target's statements)?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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