SECURITIES AND EXCHANGE COMMISSION
WASHINGTON., DC 20549
____________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: August 29, 2000
FEDERATED DEPARTMENT STORES, INC.
151 West 34th St., New York, New York 10001
(212) 494-1602
-and-
7 West Seventh Street, Cincinnati, Ohio 45202
(513) 579-7000
Delaware 1-13536 13-3324058
(State of Incorporation) (Commission File No.) (IRS Id. No.)
Exhibit Index on Page 4
Item 5. Other Events
This Current Report on Form 8-K is being filed
with the Securities and Exchange Commission by Federated
Department Stores, Inc. ("Federated") for the purpose of
filing, as exhibits hereto, the Unaudited Consolidated
Balance Sheets of Federated as of July 29, 2000, January
29, 2000 and July 31, 1999 and the Unaudited Consolidated
Statements of Cash Flows for the 26 weeks ended July 29,
2000 and July 31, 1999, which are concurrently being posted
on Federated's website at www.federated-fds.com. The
Unaudited Consolidated Balance Sheets and Unaudited
Consolidated Statements of Cash Flows filed herewith should
be read in conjunction with the consolidated financial
statements, the notes thereto and the other information
contained in Federated's Annual Report on Form 10-K for the
fiscal year ended January 29, 2000. Because of the seasonal
nature of the retail business, the cash flows for the 26
weeks ended July 29, 2000 and July 31, 1999 (which do not
include the Christmas season) are not indicative of the cash
flows for the entire fiscal year.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
The following exhibits are filed herewith:
99.1 Unaudited Consolidated Balance Sheets of Federated
as of July 29, 2000, January 29, 2000 and July 31, 1999.
99.2 Unaudited Consolidated Statements of Cash Flows of
Federated for the 26 weeks ended July 29, 2000 and July 31, 1999.
FEDERATED DEPARTMENT STORES, INC.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
FEDERATED DEPARTMENT STORES, INC.
Date August 29, 2000 /s/ Dennis J. Broderick
Dennis J. Broderick
Senior Vice President, General
Counsel and Secretary
EXHIBIT INDEX
Exhibit
Number
99.1 Unaudited Consolidated Balance Sheets of Federated as of
July 29, 2000, January 29, 2000 and July 31, 1999
99.2 Unaudited Consolidated Statements of Cash Flows of Federated
for the 26 weeks ended July 29, 2000 and July 31, 1999
Exhibit 99.1
FEDERATED DEPARTMENT STORES, INC.
Consolidated Balance Sheets
(Unaudited)
(millions)
July 29, January 29, July 31,
2000 2000 1999
ASSETS:
Current Assets:
Cash $ 296 $ 218 $ 357
Accounts receivable 3,818 4,313 3,512
Merchandise inventories 3,932 3,589 3,635
Supplies and prepaid expenses 231 230 221
Deferred income tax assets 183 172 142
Total Current Assets 8,460 8,522 7,867
Property and Equipment - net 6,757 6,828 6,689
Intangible Assets - net 1,703 1,735 1,807
Other Assets 655 607 516
Total Assets $17,575 $17,692 $16,879
LIABILITIES AND SHAREHOLDERS' EQUITY:
Current Liabilities:
Short-term debt $ 1,714 $ 1,284 $ 1,402
Accounts payable and accrued 2,992 3,043 2,905
liabilities
Income taxes 97 225 46
Total Current Liabilities 4,803 4,552 4,353
Long-Term Debt 4,452 4,589 4,704
Deferred Income Taxes 1,458 1,444 1,240
Other Liabilities 548 555 586
Shareholders' Equity 6,314 6,552 5,996
Total Liabilities and
Shareholders' Equity $17,575 $17,692 $16,879
Exhibit 99.2
FEDERATED DEPARTMENT STORES, INC.
Consolidated Statements of Cash Flows
(Unaudited)
(millions)
26 Weeks 26 Weeks
Ended Ended
July 29, July 31,
2000 1999
Cash flows from operating activities:
Net income $ 152 $ 224
Adjustments to reconcile net income
to net cash provided by operating
activities:
Depreciation and amortization 322 324
Amortization of intangible assets 42 36
Amortization of financing costs 4 3
Amortization of unearned restricted
stock 3 -
Changes in assets and liabilities:
Decrease in accounts receivable 499 178
Increase in merchandise inventories (340) (211)
Increase in supplies and prepaid
expenses (1) (19)
Decrease in other assets not
separately identified (32) (20)
Increase (decrease) in accounts
payable and accrued liabilities
not separately identified (74) 30
Decrease in current income taxes (126) (52)
Increase in deferred income taxes 1 1
Decrease in other liabilities
not separately identified (6) (7)
Net cash provided by operating
activities 444 487
Cash flows from investing activities:
Purchase of property and equipment (251) (241)
Capitalized software (37) (21)
Investments in companies (31) (49)
Acquisition of Fingerhut Companies,
Inc., net of cash acquired - (1,539)
Disposition of property and equipment 53 23
Net cash used by investing
activities (266) (1,827)
Cash flows from financing activities:
Debt issued 350 1,299
Financing costs (3) (10)
Debt repaid (57) (31)
Increase in outstanding checks 2 81
Acquisition of treasury stock (431) -
Issuance of common stock 39 51
Net cash provided (used) by (100) 1,390
financing activities
Net increase in cash 78 50
Cash at beginning of period 218 307
Cash at end of period $ 296 $ 357
Supplemental cash flow information:
Interest paid $ 196 $ 144
Interest received 3 4
Income taxes paid (net of refunds
received) 242 194
Schedule of noncash investing and
financing activities:
Debt assumed in acquisition - 125
Equity issued in acquisition - 12
Consolidation of net assets
and debt of previously
unconsolidated subsidiary - 1,132
