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Unaudited Quarterly Results (Notes)
12 Months Ended
Feb. 01, 2013
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Results
NOTE 17 — UNAUDITED QUARTERLY RESULTS
The following tables present selected unaudited Consolidated Statements of Income for each quarter of Fiscal 2013 and Fiscal 2012:
 
 
Fiscal Year 2013
 
 
First
 
Second
 
Third
 
Fourth
 
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
 
(in millions, except per share data)
Net revenue
 
$
14,422

 
$
14,483

 
$
13,721

 
$
14,314

Gross margin
 
$
3,067

 
$
3,138

 
$
2,872

 
$
3,109

Net income
 
$
635

 
$
732

 
$
475

 
$
530

Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.36

 
$
0.42

 
$
0.27

 
$
0.30

Diluted
 
$
0.36

 
$
0.42

 
$
0.27

 
$
0.30

Cash dividends declared per common share
 
$

 
$

 
$
0.08

 
$
0.08

Weighted-average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
1,759

 
1,747

 
1,735

 
1,738

Diluted
 
1,774

 
1,753

 
1,742

 
1,748

 
 
 
 
 
 
 
 
 
 
 
Fiscal Year 2012
 
 
First
 
Second
 
Third
 
Fourth
 
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
 
(in millions, except per share data)
Net revenue
 
$
15,017

 
$
15,658

 
$
15,365

 
$
16,031

Gross margin
 
$
3,432

 
$
3,525

 
$
3,469

 
$
3,385

Net income
 
$
945

 
$
890

 
$
893

 
$
764

Earnings per share:
 
 

 
 

 
 

 
 

Basic
 
$
0.50

 
$
0.48

 
$
0.49

 
$
0.43

Diluted
 
$
0.49

 
$
0.48

 
$
0.49

 
$
0.43

Weighted-average shares outstanding:
 
 

 
 

 
 

 
 

Basic
 
1,908

 
1,858

 
1,813

 
1,778

Diluted
 
1,923

 
1,871

 
1,828

 
1,796