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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 30, 2016
Aug. 01, 2015
Jul. 30, 2016
Aug. 01, 2015
Revenue $ 8,533 $ 8,528 $ 16,976 $ 17,086
Cost of goods sold 6,471 6,433 12,769 12,953
Restructuring charges – cost of goods sold 0 (3) 0 5
Gross profit 2,062 2,098 4,207 4,128
Selling, general and administrative expenses 1,773 1,811 3,517 3,577
Restructuring charges 0 (1) 29 177
Operating income 289 288 661 374
Other income (expense)        
Gain on sale of investments 0 0 2 2
Investment income and other 8 4 14 11
Interest expense (18) (20) (38) (40)
Earnings from continuing operations before income tax expense 279 272 639 347
Income tax expense 97 108 231 146
Net earnings from continuing operations 182 164 408 201
Gain from discontinued operations (Note 2), net of tax benefit (expense) of $(10), $-, $(7) and $3, respectively 16 0 19 92
Net earnings $ 198 $ 164 $ 427 $ 293
Basic earnings        
Continuing operations (in dollars per share) $ 0.57 $ 0.47 $ 1.27 $ 0.57
Discontinued operations (in dollars per share) 0.05 0.00 0.06 0.26
Basic earnings per share (in dollars per share) 0.62 0.47 1.33 0.83
Diluted earnings        
Continuing operations (in dollars per share) 0.56 0.46 1.26 0.57
Discontinued operations (in dollars per share) 0.05 0.00 0.05 0.25
Diluted earnings per share (in dollars per share) 0.61 0.46 1.31 0.82
Dividends declared per common share (in dollars per share) $ 0.28 $ 0.23 $ 1.01 $ 0.97
Weighted-average common shares outstanding (in millions)        
Basic (in shares) 320.8 349.6 322.2 351.0
Diluted (in shares) 322.9 353.9 324.8 355.8