XML 18 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jan. 30, 2016
Oct. 31, 2015
Aug. 01, 2015
May. 02, 2015
Jan. 31, 2015
Nov. 01, 2014
Aug. 02, 2014
May. 03, 2014
Jan. 30, 2016
Jan. 31, 2015
Feb. 01, 2014
Net Sales $ 4,395 $ 2,482 $ 2,765 $ 2,512 $ 4,069 $ 2,319 $ 2,675 $ 2,391 $ 12,154 $ 11,454 $ 10,773
Costs of Goods Sold, Buying and Occupancy                 6,950 6,646 6,344
Gross Profit 2,002 1,031 1,114 1,056 1,835 947 1,044 982 5,204 4,808 4,429
General, Administrative and Store Operating Expenses                 3,012 2,855 2,686
Operating Income 1,078 339 403 372 957 284 376 336 2,192 1,953 [1] 1,743 [1]
Interest Expense                 334 324 314
Other Income                 76 7 17
Income Before Income Taxes 982 260 323 369 880 205 296 255 1,934 1,636 1,446
Provision for Income Taxes                 681 594 543
Net Income $ 636 $ 164 $ 202 $ 250 $ 565 $ 132 $ 188 $ 157 $ 1,253 $ 1,042 $ 903
Net Income Per Basic Share $ 2.19 [2] $ 0.56 [2] $ 0.69 [2] $ 0.86 [2] $ 1.93 [3] $ 0.45 [3] $ 0.65 [3] $ 0.54 [3] $ 4.30 $ 3.57 $ 3.12
Net Income Per Diluted Share $ 2.15 [2] $ 0.55 [2] $ 0.68 [2] $ 0.84 [2] $ 1.89 [3] $ 0.44 [3] $ 0.63 [3] $ 0.53 [3] $ 4.22 $ 3.50 $ 3.05
[1] Assets are allocated to the operating segments based on decision making authority relevant to the applicable assets.
[2] Includes the effect of a pre-tax gain of $78 million ($69 million net of tax) included in other income, related to the sale of our remaining interest in the third-party apparel sourcing business.
[3] Due to changes in stock prices during the year and timing of issuances and repurchases of shares, the cumulative total of quarterly net income per share amounts may not equal the net income per share for the year.