Target Corporation
Cash Flow Statement
| Line Item | Aug 2026 | May 2026 | Jan 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.88B | $781.0M | $1.05B | $689.0M | $935.0M | $1.04B | $1.10B | $854.0M |
| Depreciation & Amortization | $651.0M | $813.0M | $1.07B | $649.0M | $632.0M | $787.0M | $998.0M | $639.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $100.0M | $54.0M | $84.0M | $64.0M | $64.0M | $69.0M | $75.0M | $80.0M |
| Net Cash from Operating Activities | $3.80B | $716.0M | $3.08B | $1.13B | $2.08B | $275.0M | $3.29B | $739.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.37B | $1.04B | $885.0M | $978.0M | $1.07B | $790.0M | $923.0M | $655.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.36B | $-1.03B | $-859.0M | $-937.0M | $-1.07B | $-787.0M | $-918.0M | $-637.0M |
| Financing Activities | ||||||||
| Dividends Paid | $518.0M | $516.0M | $516.0M | $518.0M | $509.0M | $510.0M | $513.0M | $516.0M |
| Stock Repurchases | $3.0M | $0 | $0 | $150.0M | $8.0M | $250.0M | $501.0M | $351.0M |
| Net Cash from Financing Activities | $-562.0M | $-1.64B | $-552.0M | $-709.0M | $437.0M | $-1.36B | $-1.04B | $-166.0M |
| Net Change in Cash | $1.88B | $-1.95B | $1.67B | $-519.0M | $1.45B | $-1.88B | $1.33B | $-64.0M |
| Free Cash Flow | $2.43B | $-319.0M | $2.19B | $149.0M | $1.01B | $-515.0M | $2.37B | $84.0M |