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Earnings per Share (Tables)
9 Months Ended
Nov. 26, 2011
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share
The following table presents a reconciliation of the numerators and denominators of basic and diluted earnings per share attributable to Best Buy Co., Inc. (shares in millions):
 
 
Three Months Ended
 
Nine Months Ended
 
November 26,
2011
 
November 27,
2010
 
November 26,
2011
 
November 27,
2010
Numerator
 

 
 

 
 
 
 
Net earnings attributable to Best Buy Co., Inc., basic
$
154

 
$
217

 
$
467

 
$
626

Adjustment for assumed dilution:
 
 
 
 
 
 
 
Interest on convertible debentures, net of tax
1

 
2

 
4

 
4

Net earnings attributable to Best Buy Co., Inc., diluted
$
155

 
$
219

 
$
471

 
$
630

 


 


 


 


Denominator
 
 
 
 
 
 
 
Weighted-average common shares outstanding
359.7

 
397.1

 
373.1

 
410.3

Effect of potentially dilutive securities:
 
 
 
 
 
 
 
Shares from assumed conversion of convertible debentures
8.7

 
8.8

 
8.7

 
8.8

Stock options and other
0.4

 
1.9

 
0.6

 
1.6

Weighted-average common shares outstanding, assuming dilution
368.8

 
407.8

 
382.4

 
420.7

 
 
 
 
 
 
 
 
Earnings per share attributable to Best Buy Co., Inc.
 
 
 
 
 
 
 
Basic
$
0.43

 
$
0.55

 
$
1.25

 
$
1.53

Diluted
$
0.42

 
$
0.54

 
$
1.23

 
$
1.50