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Net Sales and Segment Reporting
12 Months Ended
Feb. 03, 2019
Segment Reporting [Abstract]  
Segment Reporting Disclosure
SEGMENT REPORTING
We currently conduct our retail operations in the U.S., Canada, and Mexico, each of which represents one of our three operating segments. Our operating segments reflect the way in which internally-reported financial information is used to make decisions and allocate resources. For disclosure purposes, we aggregate these three operating segments into one reportable segment due to their similar operating and financial characteristics and how the business is managed.
The assets of each of our operating segments primarily consist of net property and equipment and merchandise inventories. Long-lived assets, classified by geography, follow.
in millions
February 3,
2019
 
January 28,
2018
 
January 29,
2017
Long-lived assets – in the U.S.
$
19,930

 
$
19,526

 
$
19,519

Long-lived assets – outside the U.S.
2,445

 
2,549

 
2,395

Total long-lived assets
$
22,375

 
$
22,075

 
$
21,914


No sales to an individual customer accounted for more than 10% of revenue during any of the last three fiscal years. Net sales, classified by geography, follow.
 
Fiscal
 
Fiscal
 
Fiscal
in millions
2018
 
2017
 
2016
Net sales – in the U.S.
$
99,386

 
$
92,413

 
$
86,615

Net sales – outside the U.S.
8,817

 
8,491

 
7,980

Net sales
$
108,203

 
$
100,904

 
$
94,595


Net sales by products and services follow.
 
Fiscal
 
Fiscal
 
Fiscal
in millions
2018
 
2017
 
2016
Net sales – products
$
102,933

 
$
95,956

 
$
90,028

Net sales – services
5,270

 
4,948

 
4,567

Net sales
$
108,203

 
$
100,904

 
$
94,595


Net sales by major product lines (and related services) follow.
 
Fiscal
 
Fiscal
 
Fiscal
in millions
2018
 
2017
 
2016
Building Materials
$
39,967

 
$
37,331

 
$
34,768

Décor
36,238

 
33,583

 
31,599

Hardlines
31,998

 
29,990

 
28,228

Net sales
$
108,203

 
$
100,904

 
$
94,595


Major product lines and the related merchandising departments (and related services) follow.
Major Product Line
 
Merchandising Departments
Building Materials
 
Building Materials, Electrical, Lighting, Lumber, Millwork, and Plumbing
Décor
 
Appliances, Décor, Flooring, Kitchen and Bath, and Paint
Hardlines
 
Hardware, Indoor Garden, Outdoor Garden, and Tools
Net sales by merchandising department (and related services) follow.
 
Fiscal
 
Fiscal
 
Fiscal
 
2018
 
2017
 
2016
dollars in millions
Net
Sales
 
% of
Net Sales
 
Net
Sales
 
% of
Net Sales
 
Net
Sales
 
% of
Net Sales
Appliances
$
9,001

 
8.3

 
$
8,146

 
8.1

 
$
7,366

 
7.8

Building Materials
7,772

 
7.2

 
7,272

 
7.2

 
6,785

 
7.2

Décor
3,580

 
3.3

 
3,174

 
3.1

 
3,011

 
3.2

Electrical
5,576

 
5.2

 
4,994

 
4.9

 
4,524

 
4.8

Flooring
7,475

 
6.9

 
6,980

 
6.9

 
6,410

 
6.8

Hardware
6,194

 
5.7

 
5,874

 
5.8

 
5,617

 
5.9

Indoor Garden
10,438

 
9.6

 
9,777

 
9.7

 
9,190

 
9.7

Kitchen and Bath
7,721

 
7.1

 
7,276

 
7.2

 
7,103

 
7.5

Lighting
4,436

 
4.1

 
4,448

 
4.4

 
4,468

 
4.7

Lumber
8,388

 
7.8

 
7,790

 
7.7

 
6,828

 
7.2

Millwork
5,743

 
5.3

 
5,383

 
5.3

 
5,139

 
5.4

Outdoor Garden
7,257

 
6.7

 
6,988

 
6.9

 
6,762

 
7.1

Paint
8,461

 
7.8

 
8,007

 
7.9

 
7,709

 
8.1

Plumbing
8,052

 
7.4

 
7,444

 
7.4

 
7,024

 
7.4

Tools
8,109

 
7.5

 
7,351

 
7.3

 
6,659

 
7.0

Total
$
108,203

 
100.0
%
 
$
100,904

 
100.0
%
 
$
94,595

 
100.0
%
—————
Note: Certain percentages may not sum to totals due to rounding. Net sales for certain merchandising departments were reclassified in fiscal 2018. As a result, prior year net sales have been reclassified to conform with the current year presentation. Prior year percent of net sales data also reflect the new classifications.