GPS » Topics » RECONCILIATION OF FISCAL YEARS 2006 AND 2005 NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW

This excerpt taken from the GPS 8-K filed Mar 1, 2007.

RECONCILIATION OF FISCAL YEARS 2006 AND 2005 NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW

 

($ in millions)

  

53 Weeks Ended

February 3, 2007

 

Net cash provided by operating activities

   $ 1,250  

Less: Purchase of property and equipment

     (572 )
        

Free cash flow (b)

   $ 678  
        

($ in millions)

  

52 Weeks Ended

January 28, 2006

 

Net cash provided by operating activities

   $ 1,551  

Less: Purchase of property and equipment

     (600 )
        

Free cash flow (b)

   $ 951  
        
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