XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.4
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Dec. 02, 2023
Dec. 03, 2022
Dec. 02, 2023
Dec. 03, 2022
Income Statement [Abstract]        
Net sales and other revenue $ 18,557.3 $ 18,154.9 $ 60,898.2 $ 59,384.6
Cost of sales 13,360.0 13,033.2 43,996.7 42,713.3
Gross margin 5,197.3 5,121.7 16,901.5 16,671.3
Selling and administrative expenses 4,607.3 4,532.0 15,215.7 14,883.9
Loss (gain) on property dispositions and impairment losses, net 23.9 7.3 43.1 (86.1)
Operating income 566.1 582.4 1,642.7 1,873.5
Interest expense, net 116.3 84.3 383.1 313.0
Other (income) expense, net (6.7) 1.7 (14.6) (23.5)
Income before income taxes 456.5 496.4 1,274.2 1,584.0
Income tax expense 95.1 120.9 228.7 381.6
Net income 361.4 375.5 1,045.5 1,202.4
Other comprehensive income (loss), net of tax        
Recognition of pension (loss) gain (1.0) 0.1 (3.5) 0.4
Other 0.8 (0.1) 2.9 (3.3)
Other comprehensive (loss) income (0.2) 0.0 (0.6) (2.9)
Comprehensive income $ 361.2 $ 375.5 $ 1,044.9 $ 1,199.5
Net income per Class A common share        
Basic net income per Class A common share (in dollars per share) $ 0.63 $ 0.20 $ 1.82 $ 1.74
Diluted net income per Class A common share (in dollars per share) $ 0.62 $ 0.20 $ 1.80 $ 1.72
Weighted average Class A common shares outstanding (in millions)        
Basic (in shares) 576.2 534.6 575.2 525.4
Diluted (in shares) 581.1 538.6 580.5 529.8