Segments and Geographic Information

12 Months Ended

Jan. 31, 2015

Segment Reporting [Abstract]

Segment and Geographic Information

Segment and Geographic Information

Segment Information

Our chief operating decision maker ("CODM") is our Chief Executive Officer. Our business is organized into two reportable segments: Domestic (which is comprised of all operations within the U.S. and its territories) and International (which is comprised of all operations outside the U.S. and its territories). Our CODM has ultimate responsibility for enterprise decisions. Our CODM determines, in particular, resource allocation for, and monitors performance of, the consolidated enterprise, the Domestic segment and the International segment. The Domestic segment managers and International segment managers have responsibility for operating decisions, allocating resources and assessing performance within their respective segments. Our CODM relies on internal management reporting that analyzes enterprise results to the net earnings level and segment results to the operating income level.

We aggregate our Canada and Mexico businesses into one International operating segment. Our Domestic and International operating segments also represent our reportable segments. The accounting policies of the segments are the same as those described in Note 1, Summary of Significant Accounting Policies.

The following tables present our business segment information in fiscal 2015, 2014 and 2013 (11-month) ($ in millions):

	12-Month			12-Month			11-Month
	2015			2014			2013
Revenue
Domestic	$	36,055		$	35,831		$	33,222
International	4,284			4,780			5,030
Total revenue	$	40,339		$	40,611		$	38,252
Percentage of revenue, by revenue category
Domestic:
Consumer Electronics	31		%	30		%	32		%
Computing and Mobile Phones	47		%	48		%	45		%
Entertainment	9		%	8		%	10		%
Appliances	7		%	7		%	6		%
Services	5		%	6		%	6		%
Other	1		%	1		%	1		%
Total	100		%	100		%	100		%
International:
Consumer Electronics	30		%	29		%	32		%
Computing and Mobile Phones	49		%	50		%	47		%
Entertainment	9		%	10		%	10		%
Appliances	5		%	5		%	5		%
Services	6		%	6		%	6		%
Other	1		%	< 1%			< 1%
Total	100		%	100		%	100		%
Operating income (loss)
Domestic	$	1,437		$	1,145		$	731
International(1)	13			(1		)	(641		)
Total operating income	1,450			1,144			90
Other income (expense)
Gain on sale of investments	13			20			—
Investment income and other	14			19			13
Interest expense	(90		)	(100		)	(99		)
Earnings from continuing operations before income tax expense	$	1,387		$	1,083		$	4
Assets(2)
Domestic	$	12,998		$	11,146		$	10,874
International	2,258			2,867			5,913
Total assets	$	15,256		$	14,013		$	16,787
Capital expenditures(2)
Domestic	$	519		$	440		$	488
International	42			107			217
Total capital expenditures	$	561		$	547		$	705
Depreciation(2)
Domestic	$	575		$	565		$	561
International	81			136			233
Total depreciation	$	656		$	701		$	794

(1) Included within our International segment's operating loss for fiscal 2013 (11-month) is a $611 million goodwill impairment charge.

(2) International segment amounts for assets, capital expenditures and depreciation include amounts from Five Star.

Geographic Information

The following table presents our geographic information in fiscal 2015, 2014 and 2013 (11-month) ($ in millions):

	12-Month		12-Month		11-Month
	2015		2014		2013
Net sales to customers
United States	$	36,055	$	35,831	$	33,222
Canada	4,047		4,522		4,818
Other	237		258		212
Total revenue	$	40,339	$	40,611	$	38,252
Long-lived assets
United States	$	2,100	$	2,190	$	2,404
Europe	—		—		352
Canada	174		244		341
China	—		139		142
Other	21		25		31
Total long-lived assets	$	2,295	$	2,598	$	3,270