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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Feb. 03, 2018
Jan. 28, 2017
Jan. 30, 2016
Net sales $ 15,855 $ 15,516 $ 15,797
Cost of goods sold and occupancy expenses 9,789 9,876 10,077
Gross profit 6,066 5,640 5,720
Operating expenses 4,587 4,449 4,196
Operating income 1,479 1,191 1,524
Interest expense 74 75 59
Interest income (19) (8) (6)
Income before income taxes 1,424 1,124 1,471
Income taxes 576 448 551
Net income $ 848 $ 676 $ 920
Weighted-average number of shares—basic (in shares) 393 399 411
Weighted-average number of shares - diluted (in shares) 396 400 413
Earnings per share - basic (in dollars per share) $ 2.16 $ 1.69 $ 2.24
Earnings per share - diluted (in dollars per share) $ 2.14 $ 1.69 $ 2.23