LOWES COMPANIES INC company info

CIK 60667
IRS Number 560578072
State of incorporation NC
Business address 1000 LOWE'S BLVD.
None
MOORESVILLE
NC
28117
Mail address 1000 LOWE'S BLVD
None
MOORESVILLE
NC
28117

Short summary

LOWES COMPANIES INC is a North Carolina company, with head office located at 1000 Lowe'S Blvd. Mooresville, North Carolina 28117. The company achieved a record breaking net income in 2017 - 3.45 billion USD. In 2018 the company owned a total of 43.22 billion USD worth of assets, including 19.34 billion USD worth of current assets. The company amassed the most assets last year, totalling up to 43.22 billion USD.

LOWES COMPANIES INC Income Statement

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Revenue, Net 48,28348,23047,22048,81550,20850,52153,41756,22359,07465,01768,619
Cost of Goods and Services Sold 31,55631,72930,75731,66332,85833,19434,94136,66538,50442,55346,18548,401
Gross Profit 16,72716,50116,46317,15217,35017,32718,47619,55820,57022,46423,40922,908
Selling, General and Administrative Expense 10,51511,17611,73712,00612,59312,24412,86513,27214,11515,12915,37617,413
Operating Expenses 12,21612,99513,63813,92414,44414,19014,80315,28216,151
Operating Income (Loss) 4,7924,9715,8466,5864,018
Interest expense 194280287332
Investment Income, Interest and Dividend 401712129464121628
Income Tax Expense (Benefit) 1,7021,3111,0421,2181,0671,1781,3871,5781,8732,1082,0421,080
Net income 1,9592,2862,6982,5463,0913,4472,314

LOWES COMPANIES INC Balance Sheet

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Cash and cash equivalents 3642816822,6771,4963,0721,0816581,4344,5611,9631,5652,973
Inventories 9,0139,8999,6619,78610,27410,51510,61411,05512,25413,20415,026
Deferred income taxes 122202232279228283255255
Property, Plant and Equipment, Gross 32,26833,34534,33234,66635,07435,44335,91336,91836,94035,863
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 10,20011,60012,70013,40014,60015,80016,60016,90017,40017,300
Goodwill 1551541541,0811,288303
Other Assets, Noncurrent 4445086421,0491,1881,3001,355533759896775
Total assets 34,14837,41435,88437,20834,73134,22934,42237,17737,61338,23743,219
Current assets 10,54113,69511,97313,62812,01411,95212,79116,47315,27616,03319,335
Accounts payable 5,8437,0626,6946,9777,0417,0518,0238,8219,90510,10411,485
Total current liabilities 8,73510,8819,92110,99610,43910,81412,97014,12114,68615,77417,781
Long-term Debt, Excluding Current Maturities 5,0394,524
Long-term Debt 5,0806,5737,627
Deferred income taxes 533521498412440261980
Total liabilities 15,71118,39518,42522,00521,47922,74724,94529,96532,08232,49239,983
Retained Earnings (Accumulated Deficit) 15,83517,39918,24616,71514,55712,61810,9859,0857,0745,3465,4053,095
Accumulated Other Comprehensive Income (Loss), Net of Tax 545855252-9-81-309-241-71-256

LOWES COMPANIES INC Cash Flow

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Net income 1,9592,2862,6982,5463,0913,4472,314
Depreciation and amortization 1,4641,6671,7331,6841,5791,6231,5621,5861,4941,4891,4041,477
Depreciation and amortization 1,5861,5871,5901,5401,607
Deferred Income Tax Expense (Benefit) 269-123-14152-139-158-118-63956-157
Inventories 464611286433244396-1705821787911,289
Net Cash Provided by (Used in) Operating Activities 4,3474,1224,0543,8524,3493,7624,7845,6175,0656,193
Payments to Acquire Property, Plant, and Equipment 4,0103,2661,7991,3291,8291,2119408801,1971,1671,1231,174
Payments to Acquire Businesses, Net of Cash Acquired 1000203002,3565090
Net Cash Provided by (Used in) Investing Activities -4,123-3,226-1,886-2,184-1,437-903-1,343-3,361-1,441-1,080
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -1,437-903-1,286-1,088-1,343-3,361
Proceeds from Issuance of Long-term Debt 1,29615101,9859931,9849851,2391,7183,2672,9680
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 174128104102351163136127138140115
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 174128104102351163136127138140115
Payments for Repurchase of Common Stock 2,27585042,6182,9374,3933,7103,9053,9253,5953,1923,037
Payments of Ordinary Dividends, Common Stock 4284913915716477047338229571,1211,2881,455
Net Cash Provided by (Used in) Financing Activities -307-939-1,801-1,651-2,549-3,333-3,493-2,092-3,607-5,124
Cash and Cash Equivalents, Period Increase (Decrease) -83-3638720362-473-15075-6115330-77