XML 29 R10.htm IDEA: XBRL DOCUMENT v3.24.0.1
SEGMENT REPORTING AND NET SALES
12 Months Ended
Jan. 28, 2024
Segment Reporting [Abstract]  
SEGMENT REPORTING AND NET SALES SEGMENT REPORTING AND NET SALES
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 regularly reviewed by the chief operating decision maker, who is our President and Chief Executive Officer, to analyze performance, make decisions and allocate resources. For disclosure purposes, we aggregate these three operating segments into one reportable segment due to the similar nature of their operations and economic characteristics.
The following table presents net property and equipment, classified by geography:
in millionsJanuary 28,
2024
January 29,
2023
January 30,
2022
Net property and equipment – in the U.S.$23,347 $23,057 $22,696 
Net property and equipment – outside the U.S.2,807 2,574 2,503 
Net property and equipment$26,154 $25,631 $25,199 
No sales to an individual customer accounted for more than 10% of revenue during any of the last three fiscal years.
The following table presents net sales, classified by geography:
 FiscalFiscalFiscal
in millions202320222021
Net sales – in the U.S.$140,083 $144,840 $138,920 
Net sales – outside the U.S.12,586 12,563 12,237 
Net sales$152,669 $157,403 $151,157 
The following table presents net sales by products and services:
 FiscalFiscalFiscal
in millions202320222021
Net sales – products $146,835 $151,804 $145,745 
Net sales – services 5,834 5,599 5,412 
Net sales$152,669 $157,403 $151,157 
The following table presents major product lines and the related merchandising departments (and related services):
Major Product LineMerchandising Departments
Building MaterialsBuilding Materials, Electrical/Lighting, Lumber, Millwork, and Plumbing
DécorAppliances, Décor/Storage, Flooring, Kitchen and Bath, and Paint
HardlinesHardware, Indoor Garden, Outdoor Garden, and Tools
The following table presents net sales by major product line (and related services):
FiscalFiscalFiscal
in millions202320222021
Building Materials$57,039 $59,533 $54,990 
Décor50,295 52,322 50,437 
Hardlines45,335 45,548 45,730 
Net sales$152,669 $157,403 $151,157 
The following table presents net sales by merchandising department (and related services):
FiscalFiscalFiscal
202320222021
dollars in millionsNet
Sales
% of
 Net Sales
Net
Sales
% of
Net Sales
Net
Sales
% of
Net Sales
Appliances$13,863 9.1 %$14,461 9.2 %$14,232 9.4 %
Building Materials11,975 7.8 11,298 7.2 9,823 6.5 
Décor/Storage6,012 3.9 6,357 4.0 6,095 4.0 
Electrical/Lighting12,521 8.2 13,746 8.7 13,473 8.9 
Flooring8,754 5.7 9,222 5.9 9,225 6.1 
Hardware8,147 5.3 8,104 5.1 7,873 5.2 
Indoor Garden14,743 9.7 14,990 9.5 15,546 10.3 
Kitchen and Bath10,593 6.9 11,102 7.1 10,432 6.9 
Lumber11,731 7.7 13,460 8.6 13,344 8.8 
Millwork8,301 5.4 8,423 5.4 7,412 4.9 
Outdoor Garden10,278 6.7 10,078 6.4 10,317 6.8 
Paint11,073 7.3 11,180 7.1 10,453 6.9 
Plumbing12,511 8.2 12,606 8.0 10,938 7.2 
Tools12,167 8.0 12,376 7.9 11,994 7.9 
Total$152,669 100.0 %$157,403 100.0 %$151,157 100.0 %
—————
Note: Certain percentages may not sum to totals due to rounding.