XML 81 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Results (unaudited)
 12 Months Ended
Feb. 02, 2013
Quarterly Financial Data [Abstract]  
Quarterly Results (unaudited)
Quarterly Results (unaudited)
Unaudited quarterly results for the last two years were as follows:
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
(millions, except per share data)
2012:
 
 
 
 
 
 
 
Net sales
$
6,143

 
$
6,118

 
$
6,075

 
$
9,350

Cost of sales
(3,757
)
 
(3,555
)
 
(3,672
)
 
(5,554
)
Gross margin
2,386

 
2,563

 
2,403

 
3,796

Selling, general and administrative expenses
(1,995
)
 
(2,009
)
 
(2,078
)
 
(2,400
)
Impairments, store closing costs and
gain on sale of leases
—

 
—

 
—

 
(5
)
Net income
181

 
279

 
145

 
730

Basic earnings per share
.43

 
.68

 
.36

 
1.86

Diluted earnings per share
.43

 
.67

 
.36

 
1.83

2011:
 
 
 
 
 
 
 
Net sales
$
5,889

 
$
5,939

 
$
5,853

 
$
8,724

Cost of sales
(3,586
)
 
(3,457
)
 
(3,544
)
 
(5,151
)
Gross margin
2,303

 
2,482

 
2,309

 
3,573

Selling, general and administrative expenses
(1,973
)
 
(1,976
)
 
(2,018
)
 
(2,314
)
Impairments, store closing costs and
gain on sale of leases
—

 
—

 
—

 
25

Net income
131

 
241

 
139

 
745

Basic earnings per share
.31

 
.56

 
.33

 
1.77

Diluted earnings per share
.30

 
.55

 
.32

 
1.74