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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Feb. 01, 2020
Feb. 02, 2019
Feb. 03, 2018
Revenues $ 16,383 $ 16,580 $ 15,855
Cost of goods sold and occupancy expenses 10,250 10,258 9,789
Gross profit 6,133 6,322 6,066
Operating expenses 5,559 4,960 4,587
Operating income 574 1,362 1,479
Interest expense 76 73 74
Interest income (30) (33) (19)
Income before income taxes 528 1,322 1,424
Income taxes 177 319 576
Net income $ 351 $ 1,003 $ 848
Weighted-average number of shares—basic (in shares) 376 385 393
Weighted-average number of shares - diluted (in shares) 378 388 396
Earnings per share - basic (in dollars per share) $ 0.93 $ 2.61 $ 2.16
Earnings per share - diluted (in dollars per share) 0.93 2.59 2.14
Common Stock, Dividends, Per Share, Declared $ 0.97 $ 0.97 $ 0.92