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Selected Quarterly Data (Unaudited)
 12 Months Ended
Jan. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Data (Unaudited)
SELECTED QUARTERLY DATA1 (UNAUDITED)
 
1st Quarter

 
2nd Quarter

 
3rd Quarter

 
4th Quarter

 
Total

Fiscal year 2015
 
 
 
 
 
 
 
 
 
Net sales

$3,115

 

$3,598

 

$3,239

 

$4,143

 

$14,095

Comparable sales increase
4.4
%
 
4.9
%
 
0.9
%
 
1.0
%
 
2.7
%
Credit card revenues, net2
100

 
103

 
89

 
51

 
342

Gross profit
1,116

 
1,271

 
1,097

 
1,443

 
4,927

Selling, general and administrative expenses3
(971
)
 
(997
)
 
(1,031
)
 
(1,170
)
 
(4,168
)
Earnings before interest and income taxes
245

 
377

 
155

 
324

 
1,101

Net earnings
128

 
211

 
81

 
180

 
600

Earnings per basic share

$0.67

 

$1.11

 

$0.43

 

$1.01

 

$3.22

Earnings per diluted share

$0.66

 

$1.09

 

$0.42

 

$1.00

 

$3.15

 
 
 
 
 
 
 
 
 
 
Fiscal year 2014
 
 
 
 
 
 
 
 
 
Net sales

$2,837

 

$3,296

 

$3,040

 

$3,938

 

$13,110

Comparable sales increase
3.9
%
 
3.3
%
 
3.9
%
 
4.7
%
 
4.0
%
Credit card revenues, net
94

 
96

 
100

 
105

 
396

Gross profit
1,015

 
1,166

 
1,079

 
1,444

 
4,704

Selling, general and administrative expenses
(844
)
 
(931
)
 
(917
)
 
(1,084
)
 
(3,777
)
Earnings before interest and income taxes
265

 
331

 
262

 
465

 
1,323

Net earnings
140

 
183

 
142

 
255

 
720

Earnings per basic share

$0.74

 

$0.97

 

$0.74

 

$1.35

 

$3.79

Earnings per diluted share

$0.72

 

$0.95

 

$0.73

 

$1.32

 

$3.72

1 Quarterly totals may not foot across due to rounding.
2 On October 1, 2015, we completed the sale of a substantial majority of our U.S. Visa and private label credit card portfolio (see Note 2: Credit Card Receivable Transaction).
3 Amounts reported for the second and third quarters include $51 and $(32) of credit transaction and other, net which was presented separately in the 2015 Form10-Q’s. These amounts are reflected here net for consistency and comparability with total selling, general and administrative expenses on the Consolidated Statement of Earnings.