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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Aug. 01, 2015
Aug. 02, 2014
Aug. 01, 2015
Aug. 02, 2014
Revenue $ 8,528 $ 8,459 $ 17,086 $ 17,098
Cost of goods sold 6,433 6,481 12,953 13,153
Restructuring charges – cost of goods sold (3) 0 5 0
Gross profit 2,098 1,978 4,128 3,945
Selling, general and administrative expenses 1,811 1,748 3,577 3,503
Restructuring charges (1) 5 177 7
Operating income 288 225 374 435
Other income (expense)        
Gain on sale of investments 0 2 2 2
Investment income and other 4 6 11 10
Interest expense (20) (23) (40) (46)
Earnings from continuing operations before income tax (benefit) expense 272 210 347 401
Income tax (benefit) expense 108 73 146 (205)
Net earnings from continuing operations 164 137 201 606
Gain from discontinued operations (Note 2), net of tax benefit (expense) of $-, $(7), $3 and $(4) 0 10 92 2
Net earnings including noncontrolling interests 164 147 293 608
Net earnings from discontinued operations attributable to noncontrolling interests 0 (1) 0 (1)
Net earnings attributable to Best Buy Co., Inc. shareholders $ 164 $ 146 $ 293 $ 607
Basic earnings (loss) per share attributable to Best Buy Co., Inc. shareholders        
Continuing operations (in dollars per share) $ 0.47 $ 0.39 $ 0.57 $ 1.74
Discontinued operations (in dollars per share) 0.00 0.03 0.26 0.00
Basic earnings per share (in dollars per share) 0.47 0.42 0.83 1.74
Diluted earnings (loss) per share attributable to Best Buy Co., Inc. shareholders        
Continuing operations (in dollars per share) 0.46 0.39 0.57 1.73
Discontinued operations (in dollars per share) 0.00 0.03 0.25 0.00
Diluted earnings per share (in dollars per share) 0.46 0.42 0.82 1.73
Dividends declared per common share (in dollars per share) $ 0.23 $ 0.17 $ 0.97 $ 0.34
Weighted-average common shares outstanding (in millions)        
Basic (in shares) 349.6 349.3 351.0 348.4
Diluted (in shares) 353.9 352.2 355.8 351.6