Reconciliation of GAAP to Non-GAAP Data
Reconciliation of GAAP Cash Flows from
Operations to Free Cash Flows
(in thousands)
Net cash provided by (used in) operating activities
Less: Total capital expenditures¹
Free cash flows
1.
Three Months Ended October 31,
2023
2022
$
450,775 $
$
(59,948)
390,827
$
408,668 $
(58,846)
349,822
$
Nine Months Ended October 31,
2023
1,153,355 $
(184,165)
969,190 $
2022
962,743
Total capital expenditures consists of Capital expenditures, excluding owned real estate projects of $59 million, $59 million, $181 million, and $286 million for the three and nine months
ended October 31, 2023, and 2022, respectively, and Owned real estate projects of $1 million, $0.2 million, $3 million, and $0.4 million for the three and nine months ended October 31,
2023, and 2022, respectively.
(286,459)
676,284View entire presentation